Eswatini's final consumption expenditure (annual % growth) was 4.03% in 2024, the latest year in the World Bank's World Development Indicators. That is up 7.87 percentage points from -3.85% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 4.03% | 2024 |
| Five years earlier | 2.54% | 2019 |
| Ten years earlier | -3.85% | 2014 |
| Highest | 4.21% | 2023 |
| Lowest | -3.85% | 2014 |
| Average since 2015 | 2.29% | 2015–2024 |
| First recorded | -3.85% | 2014 |
What the numbers say
In 2024, Eswatini's final consumption expenditure (annual % growth) fell 0.18 percentage points on 2023 (from 4.21% to 4.03%).
Across the 9 yearly changes before that (2015 to 2023), the average change was +0.9 percentage points and a typical year strayed about 2.55 percentage points from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 6.34 percentage points in 2015 and the biggest yearly fall was 2.36 percentage points in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 11% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Eswatini had the 13th highest value of the 29 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Eswatini | 4.03% | 2024 |
| World | 2.91% | 2024 |
| Sub-Saharan Africa | 4.29% | 2025 |
| Lower middle income | 6.61% | 2025 |
Closest to Eswatini in the 2024 ranking
What this measures
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 11 values
| Year | Final consumption expenditure (annual % growth) |
|---|---|
| 2024 | 4.03 |
| 2023 | 4.21 |
| 2022 | 2.86 |
| 2021 | 0.2234 |
| 2020 | 0.1765 |
| 2019 | 2.54 |
| 2018 | 1.83 |
| 2017 | 2.97 |
| 2016 | 1.53 |
| 2015 | 2.49 |
| 2014 |
Final consumption expenditure (annual % growth) in nearby economies
- Angola — 5.48% (2024)
- Benin — 7.27% (2025)
- Botswana — -1.12% (2025)
- Burkina Faso — 2.83% (2025)
- Burundi — 3.44% (2025)
- Cabo Verde — 4.31% (2025)
- Cameroon — 6.02% (2025)
- Central African Republic — 4.26% (2025)
- Chad — 3.72% (2025)
- Comoros
More economic policy & debt data for Eswatini
- Agriculture, forestry, and fishing, value added (current US$) — US$330.7 million (2025)
- Agriculture, forestry, and fishing, value added (current LCU) — 5.92 billion (2025)
- Agriculture, forestry, and fishing, value added (% of GDP) — 6.41% (2025)
- Gross Value Added (GVA) at basic prices (current US$) — US$4.77 billion (2025)
- Gross Value Added (GVA) at basic prices (current LCU) — 85.32 billion (2025)
- GDP (current US$) — US$5.16 billion (2025)
- GDP (current LCU) — 92.32 billion (2025)
- GDP per capita (current US$) — US$4,108 (2025)
- GDP per capita (current LCU) — 73,492 (2025)
Reading data like this
Questions people ask
- What is Eswatini's final consumption expenditure (annual % growth)?
- 4.03% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2014?
- It is up 7.87 percentage points from -3.85% in 2014. The highest value was 4.21% in 2023 and the lowest -3.85% in 2014.
- How does Eswatini rank?
- 13th highest of 29 economies with data for 2024.
- Is the latest change in final consumption expenditure (annual % growth) unusual for Eswatini?
- In 2024, Eswatini's final consumption expenditure (annual % growth) fell 0.18 percentage points on 2023 (from 4.21% to 4.03%). Across the 9 yearly changes before that (2015 to 2023), the average change was +0.9 percentage points and a typical year strayed about 2.55 percentage points from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NE.CON.TOTL.KD.ZG, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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