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Economy of Eswatini vs Jordan compared: GDP & Debt

Updated on by Georank team

Eswatini has a GDP of $4.86B compared to $53.4B for Jordan, ranking 162/197 and 90/197 by economy size, respectively.

Eswatini has $1.93B in government debt (39.8% of GDP), compared to $48.1B (90.2% of GDP) in Jordan.

Eswatini vs Jordan GDP by year

Eswatini
Jordan
1x
Year GDP, current $
Eswatini Jordan
2024 $4,858,885,841 $53,352,289,577
2023 $4,621,191,262 $51,088,476,338
2022 $4,746,660,274 $48,764,963,380
2021 $4,807,069,277 $46,296,100,141
2020 $4,134,677,810 $43,700,383,099
2019 $4,617,018,959 $44,503,006,338
2018 $4,643,751,059 $43,370,860,704
2017 $4,462,640,651 $41,608,435,915
2016 $3,722,306,117 $39,892,551,127
2015 $3,908,217,914 $38,587,017,887
2014 $4,285,065,665 $36,847,643,521
2013 $4,463,396,204 $34,454,440,141
2012 $4,747,813,067 $31,634,561,690
2011 $4,722,912,047 $29,524,149,155
2010 $4,360,714,359 $27,133,804,225
2009 $3,525,213,502 $24,537,876,056
2008 $3,235,921,171 $22,658,715,989
2007 $3,391,122,887 $17,110,437,236
2006 $3,215,307,901 $15,056,981,664
2005 $3,097,946,371 $12,588,998,590
2004 $2,710,331,785 $11,411,706,629
2003 $2,149,632,433 $10,195,627,645
2002 $1,393,945,031 $9,582,510,578
2001 $1,502,870,486 $8,975,814,653
2000 $1,697,161,558 $8,460,789,845
1999 $1,547,888,496 $8,149,929,478
1998 $1,576,908,856 $7,912,270,804
1997 $1,716,714,070 $7,245,839,210
1996 $1,602,741,834 $6,927,503,526
1995 $1,698,989,464 $6,727,597,032
1994 $1,419,294,254 $6,236,295,978
1993 $1,357,189,552 $5,606,400,222
1992 $1,284,759,928 $5,310,833,194
1991 $1,156,135,718 $4,344,467,193
1990 $1,114,694,041 $4,160,087,508
1989 $696,921,542 $4,221,373,674
1988 $692,026,455 $6,277,451,829
1987 $584,126,092 $6,756,209,762
1986 $449,140,318 $6,402,050,485
1985 $360,079,419 $4,993,601,520
1984 $494,483,409 $4,967,162,160
1983 $555,336,146 $4,920,692,191
1982 $537,568,059 $4,681,240,993
1981 $570,774,825 $4,383,944,703
1980 $541,976,853 $3,910,044,474
1979 $412,093,134 $3,271,368,781
1978 $340,630,085 $2,602,208,589
1977 $304,060,076 $2,096,778,602
1976 $272,550,068 $1,708,521,219
1975 $288,299,789 $1,363,073,498
1974 $264,320,941 $1,197,483,949
1973 $221,915,128 $943,783,840
1972 $146,736,479 $788,479,685
1971 $136,462,081 $678,159,729
1970 $112,139,955 $639,519,744
1969 $105,419,958 $698,879,720
1968 $79,799,968 $561,119,776
1967 $74,759,970 $631,679,747
1966 $76,859,969 $657,999,737
1965 $70,279,972 $599,759,760
1964 $64,980,554 -
1963 $54,129,438 -
1962 $45,927,962 -
1961 $43,026,043 -
1960 $35,076,846 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/eswatini/jordan | CC BY

GDP per capita in Eswatini vs Jordan by year

Eswatini
GDP per capita

GDP per capita, PPP
Jordan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Eswatini Jordan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,910 $11,799 $4,618 $10,821
2023 $3,756 $11,300 $4,466 $10,412
2022 $3,894 $10,635 $4,332 $9,927
2021 $3,984 $9,990 $4,183 $9,182
2020 $3,467 $9,329 $4,022 $9,579
2019 $3,913 $9,248 $4,170 $9,429
2018 $3,973 $8,535 $4,145 $9,042
2017 $3,853 $8,584 $4,066 $9,266
2016 $3,238 $8,484 $3,987 $8,748
2015 $3,420 $8,391 $4,043 $8,967
2014 $3,771 $8,366 $4,191 $9,145
2013 $3,950 $8,231 $4,311 $9,817
2012 $4,225 $7,760 $4,170 $9,739
2011 $4,225 $7,571 $3,947 $9,632
2010 $3,923 $7,324 $3,718 $9,417
2009 $3,190 $7,011 $3,436 $9,291
2008 $2,947 $6,914 $3,242 $8,983
2007 $3,109 $6,732 $2,506 $8,416
2006 $2,965 $6,319 $2,343 $8,046
2005 $2,871 $5,773 $2,088 $7,697
2004 $2,526 $5,310 $1,940 $7,074
2003 $2,015 $5,020 $1,776 $6,500
2002 $1,316 $4,742 $1,706 $6,256
2001 $1,430 $4,521 $1,632 $5,948
2000 $1,630 $4,401 $1,571 $5,641
1999 $1,502 $4,272 $1,545 $5,402
1998 $1,547 $4,137 $1,532 $5,264
1997 $1,705 $4,038 $1,436 $5,171
1996 $1,619 $3,916 $1,410 $5,055
1995 $1,751 $3,777 $1,416 $5,027
1994 $1,461 $3,526 $1,367 $4,830
1993 $1,397 $3,371 $1,289 $4,726
1992 $1,362 $3,289 $1,287 $4,654
1991 $1,273 $3,236 $1,110 $4,195
1990 $1,278 $3,202 $1,149 $4,317
1989 $832 - $1,260 -
1988 $865 - $1,966 -
1987 $765 - $2,217 -
1986 $611 - $2,200 -
1985 $510 - $1,797 -
1984 $726 - $1,871 -
1983 $843 - $1,939 -
1982 $843 - $1,929 -
1981 $925 - $1,885 -
1980 $908 - $1,750 -
1979 $714 - $1,519 -
1978 $610 - $1,249 -
1977 $563 - $1,039 -
1976 $521 - $873 -
1975 $568 - $718 -
1974 $536 - $651 -
1973 $463 - $531 -
1972 $315 - $460 -
1971 $301 - $412 -
1970 $254.2 - $409 -
1969 $245.2 - $474 -
1968 $190.4 - $409 -
1967 $182.8 - $497 -
1966 $192.7 - $558 -
1965 $181 - $546 -
1964 $171.6 - - -
1963 $146.4 - - -
1962 $127.1 - - -
1961 $121.8 - - -
1960 $101.6 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/eswatini/jordan | CC BY

Eswatini's GDP per capita is $3,910, ranking 131/197, compared to $4,618 in Jordan, ranking 123/197. Adjusted for purchasing power (GDP per capita PPP), Eswatini ranks 126th at $11,799, while Jordan ranks 131st at $10,821.

Economic indicators

Eswatini Jordan
Gross domestic product
$4.86B
2024
$53.4B
2024
GDP rank
162/197
2024
90/197
2024
GDP growth
2.97%
2023-2024
2.49%
2023-2024
GDP per capita
$3,910
2024
$4,618
2024
GDP per capita rank
131/197
2024
123/197
2024
GDP per capita, PPP
$11,799
2024
$10,821
2024
GDP per capita PPP rank
126/197
2024
131/197
2024
Government debt
$1.93B
2024
$48.1B
2024
Debt-to-GDP ratio
39.8%
2024
90.2%
2024
Government debt per person
$1,554
2024
$4,167
2024
Government debt per person rank
130/185
2024
91/185
2024
Average annual personal income after taxes
$3,913
2026
$4,787
2026
Market capitalization of domestic companies
$234M
2007
$24.9B
2024
Number of billionaires
1
2025
n/a
Income share by richest 10%
42.7%
2016
27.4%
2010
Income share by poorest 10%
1.4%
2016
3.5%
2010
Government expenditure, % of GDP
33.3%
2024
33%
2024
Consumer prices inflation
2.6%
2018-2019
1.56%
2023-2024
Central bank interest rate
6.75%
2025
5.75%
2025
Unemployment rate
34.6%
2023
16.6%
2023
Population
1273390
11555022

Spending and national debt comparison by year

Eswatini
Spending

Debt
Jordan
Spending

Debt
1x
Year % of GDP
Eswatini Jordan
Government spending Government debt Government spending Government debt
2024 33.3% 39.8% 33% 90.2%
2023 32% 40% 32.9% 89%
2022 29.6% 40.5% 33.3% 88.6%
2021 30.1% 38.4% 34.1% 87.6%
2020 32.7% 38.2% 33.7% 104.5%
2019 32.9% 30.7% 32.4% 92.9%
2018 32.2% 27% 32% 87.4%
2017 33.9% 21.9% 29.6% 86.1%
2016 34.7% 20.5% 29.8% 85%
2015 35.3% 16.4% 31.7% 83.4%
2014 33.3% 14.3% 39.2% 78.6%
2013 29.4% 15.5% 36.4% 78.1%
2012 27.8% 15.2% 32.2% 73.8%
2011 26% 15.1% 27.4% 63.9%
2010 31.6% 14.5% 29.8% 59.5%
2009 34.5% 10.8% 35.9% 55.5%
2008 34.4% 15% 35.8% 53.2%
2007 31.2% 16.6% 37.7% 64.4%
2006 28.2% 15% 34.7% 65.6%
2005 29.7% 13.9% 37.3% 80.5%
2004 32% 15.5% 36.6% 86%
2003 26.4% 18% 36% 94.6%
2002 27.2% 17.6% 32.9% 91.3%
2001 26.4% 22.4% 32.1% 89.7%
2000 25.3% 18.7% 33.1% 85.6%
1999 26.5% 17.2% 32.7% 98.1%
1998 22.5% 15.9% 34.9% 99.8%
1997 21.2% 13% 33.9% 98.1%
1996 23.3% 12% 36.2% 104.9%
1995 20.5% 12.9% 35.5% 106.1%
1994 24.7% 13.8% 34.3% 116.2%
1993 24% 15.6% 36.4% 126.6%
1992 26% 16.6% 35.5% 139.6%
1991 20.3% 20.1% 44.9% 187%
1990 18.7% 20.4% 44% 204.8%
1989 15.8% 26.8% 42.5% 195.4%
1988 15.6% 27.5% 44.3% 129.3%
1987 17% 36.1% 42.1% 101.9%
1986 19.8% 44% 33.8% 84.3%
1985 22.3% 45.5% 42.4% 85.2%
1984 22.2% 29.7% - -
1983 23.2% 28.7% - -
1982 24% 29.2% - -
1981 23.8% 24.3% - -
1980 19.6% 27.2% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1992, retrieved 2026-02-20).

GeoRank.org/economy/eswatini/jordan | CC BY

In 2024, Eswatini's government spending was $1.62B, accounting for 33.3% of its GDP, while Jordan spent $17.6B, or 33% of GDP.

Debt-to-GDP ratio is 39.8% in Eswatini and 90.2% in Jordan, ranking 134/185 and 32/185, respectively.

Government deficit by year

Deficit/surplus
Eswatini

Jordan
1x
Year Deficit/surplus, % of GDP
Eswatini Jordan
2024 -1.36% -7.33%
2023 -0.67% -6.89%
2022 -5.4% -6.8%
2021 -4.68% -8.45%
2020 -4.27% -10.1%
2019 -6.26% -7.19%
2018 -6.72% -5.78%
2017 -5.68% -3.61%
2016 -8.54% -3.71%
2015 -6.03% -7.1%
2014 -1.18% -15.5%
2013 0.59% -16.1%
2012 3.48% -13.8%
2011 -4.02% -5.61%
2010 -9.52% -5.43%
2009 -3.06% -8.66%
2008 1.63% -5.38%
2007 2.44% -5.45%
2006 8.88% -3.82%
2005 -1.7% -5.36%
2004 -4.1% -1.09%
2003 -2.15% -2.52%
2002 -3.78% -4.44%
2001 -2.31% -2.77%
2000 -1.22% -3.99%
1999 -1.27% -2.69%
1998 1.07% -5.4%
1997 2.11% -2.97%
1996 -1% -3.25%
1995 0.9% -1.72%
1994 -3.61% -2.3%
1993 -3.29% -2.14%
1992 -2.9% 1.87%
1991 3.4% -10.2%
1990 5.61% -7.45%
1989 5.82% -6.89%
1988 3.23% -13%
1987 2.03% -13.4%
1986 -2.41% -2.39%
1985 -1.33% -6.9%
1984 1.25% -
1983 -0.6% -
1982 0.11% -
1981 -4.29% -
1980 6.55% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-02-20).

GeoRank.org/economy/eswatini/jordan | CC BY

In 2024, Eswatini's government deficit, the difference between spending and revenue, was $66.2M, equivalent to 1.36% of GDP. This compares to Jordan's deficit of $3.91B, or 7.33% of GDP.

Over the past 40 years, Eswatini recorded a fiscal deficit in 27 of those years, while Jordan ran a deficit in 39 years. On average, Eswatini posted an annual deficit equal to 1.43% of GDP, compared to deficit of 6.14% of GDP for Jordan.

Inflation comparison by year

Inflation
Eswatini

Jordan
1x
Year Consumer prices inflation
Eswatini Jordan
2024 - 1.56%
2023 - 2.08%
2022 - 4.23%
2021 - 1.35%
2020 - 0.33%
2019 2.6% 0.76%
2018 4.82% 4.46%
2017 6.22% 3.32%
2016 7.85% -0.78%
2015 4.95% -0.88%
2014 5.68% 2.9%
2013 5.62% 4.82%
2012 8.94% 4.52%
2011 6.11% 4.16%
2010 4.51% 4.85%
2009 7.45% -0.74%
2008 12.7% 14%
2007 8.08% 4.74%
2006 5.3% 6.25%
2005 4.77% 3.49%
2004 3.45% 3.36%
2003 7.29% 1.63%
2002 12% 1.83%
2001 5.94% 1.77%
2000 12.2% 0.67%
1999 6.09% 0.61%
1998 8.11% 3.09%
1997 7.13% 3.04%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/eswatini/jordan | CC BY

Over the past 23 years, Eswatini has recorded an average annual inflation rate of 6.86%, compared with 3.12% in Jordan. In 2019, inflation was 2.6% in Eswatini and 1.56% in Jordan.

Top exports between countries

Eswatini
Export category Export value
Textiles & consumer goods $2K
Jordan
Export category Export value

Balance of trade

Eswatini Jordan
Current account balance
$78.3M
2024
-$3.13B
2024
Current account balance ranking
69/190
2024
158/190
2024
Current account balance, % of GDP
+1.61%
2024
-5.86%
2024
Goods imports
$2.07B
2024
$23.9B
2024
Goods exports
$2.33B
2024
$13.3B
2024
Service imports
$542M
2024
$6.5B
2024
Service exports
$234M
2024
$9.45B
2024
Imports of goods and services, % of GDP
53.7%
2024
57.1%
2024
Exports of goods and services, % of GDP
53.8%
2024
42.6%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Eswatini Jordan
Economic freedom 57.5 59.3
Economic freedom ranking 116/197 104/197
Property rights 42.5 52.3
Government integrity 29.7 51
Judicial effectiveness 35.5 44
Tax burden 78.6 84.1
Government spending 71 67.2
Fiscal health 87.5 5.2
Business freedom 49.9 62.7
Labor freedom 55.2 51.3
Monetary freedom 76.8 81.2
Trade freedom 73.6 82
Investment freedom 50 70
Financial freedom 40 60

Economic freedom comparison by year

Eswatini
Jordan
1x
Year Economic freedom index
Eswatini Jordan
2026 57.5 59.3
2025 56.4 59.4
2024 55.6 58.3
2023 54.9 58.8
2022 51.4 60.1
2021 55.1 64.6
2020 55.3 66
2019 54.7 66.5
2018 55.9 64.9
2017 61.1 66.7
2016 59.7 68.3
2015 59.9 69.3
2014 61.2 69.2
2013 57.2 70.4
2012 57.2 69.9
2011 59.1 68.9
2010 57.4 66.1
2009 59.1 65.4
2008 58.4 64.1
2007 60.1 64.5
2006 61.4 63.7
2005 59.4 66.7
2004 58.6 66.1
2003 59.6 65.3
2002 60.9 66.2
2001 63.6 68.3
2000 62.6 67.5
1999 62.1 67.4
1998 62 66.8
1997 59.4 63.6
1996 58.6 60.8
1995 63.3 62.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/eswatini/jordan | CC BY

The Economic Freedom Index for Eswatini is 57.5, ranking 116/197, compared to 59.3 for Jordan, ranking 104/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Eswatini Jordan
Services, % of GDP
51.4%
2024
60.4%
2024
Industry, % of GDP
34.7%
2024
25.1%
2024
Agriculture, forestry, and fishing, % of GDP
6.48%
2024
5.07%
2024
GNI, Atlas method
$4.46B
2024
$51.2B
2024
GNI per capita, PPP
$10,760
2024
$10,570
2024
Total reserves including gold
$479M
2023
$21.9B
2024
Total reserves ranking
159/177
2023
60/177
2024
Net foreign direct investment
-$11.8M
2024
-$1.58B
2024
Net inflows of foreign direct investment
$75.5M
2024
$1.63B
2024
Net outflows of foreign direct investment
$63.8M
2024
$54.1M
2024
Servicing debt to the IMF, % of GNI
4.68%
2024
8.64%
2024
Poverty at national poverty lines
58.9%
2016
14.2%
2020
Gross capital formation, % of GDP
15%
2024
25.2%
2021

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/eswatini/jordan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1980–1992, retrieved 2026-02-20)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)
  9. TradeMap (2023, retrieved 2026-02-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.