eSwatini Basic Information

By | July 21, 2022
Basic data
Capital Mbabane
Population 1.16 million (2020, UN estimate)
Language English, Swaziland (official languages)
Religion Christianity (88%), traditional religion (10%), other religion (2%)
State system absolutist monarchy
Head of State King Mswati III
Head of government Themba Masuku
Currency name Lilangeni (SZL)

eSwatini Basic Information

Travel
Time shift + 1 h (winter time), none (summer time)
Economy
Nominal GDP (billion USD) 3.8
Economic growth (%) 1.2
Inflation (%) 3.9
Unemployment (%) 22%

The Kingdom of Eswatini (formerly Swaziland) is a relatively stable absolutist monarchy closely adjacent to South Africa and Mozambique. Executive and legislative powers are in the hands of the king, who appoints constitutional officers and members of the government. The country also has a bicameral parliament. The Senate has 30 members and the lower house has 65 members. 10 legislators in each of the chambers are nominated by the king. Check cancermatters to learn more about Swaziland political system. The status of political parties is unclear. Political parties were banned by law in 1978. The current constitution does not define or otherwise mention political parties, but guarantees freedom of expression. Political groups in the country nevertheless function in the form of associations, movements, etc. King Mswati III. has long been criticized by the public for irrational handling of the state budget. Public finances are disproportionately burdened by expenses for the operation of the royal family and the nepotistic bureaucratic apparatus. Despite, that Swaziland is a middle-income country, there are large social differences between the strata of the population, and over 60% of the population lives below the poverty line. The percentage of people infected with HIV/AIDS within the adult population exceeds 27%. Social problems and high unemployment (officially around 22%) result in protests and strikes, the intensity of which has been increasing slightly in recent years. In 2020, GDP fell by 5.6%, and annual growth of only slightly more than 1% is expected in the coming years. The debt-to-GDP ratio increased to 47% last year, which represents an increase of almost 20% compared to the previous year. To increase the performance of the economy, it is necessary to limit public spending and approve structural reforms. The main sectors of the economy are agriculture and the food industry (beef and chicken production, production of sugar third products), timber industry, coal, gold and diamond mining. Tourism has been paralyzed by the pandemic and its recovery will be gradual. Inflation is hovering around 5%, which is at the upper end of the range set by the government, and is not expected to increase dramatically. The economy of Eswatini is linked to the economy of South Africa and the local currency lilangeni has its exchange rate tightly linked to the South African rand. The country is a member of the Southern African Development Community (SADC) and the Southern African Customs Union (SACU). Eswatini is ranked 121st in the World Bank’s Doing Business ranking and competitiveness rating. Eswatini has slipped to 117th in Transparency International’s Corruption Perceptions Index, down from 85th in 2018. Moody’s placed Eswatini’s credit rating in the speculative band at B3 level (S&P and Fitch do not comment on Eswatini). Eswatini is ranked No. 6/7 in the OECD credit risk assessment. Bilateral relations are at a low level, although smooth. Trade exchange between the Czech Republic and Eswatini is marginal. In recent years, Czech companies have exported a limited amount of products and equipment for the mining industry, chemical compounds, fertilizers, lighting and hospital furniture to Eswatini. No international agreements have been signed or are being negotiated. Check prozipcodes for Swaziland defense and foreign policy.

This Summary Territorial Information is processed for a country that is so-called accredited. The information is provided in a basic scope.

Economy

Basic data

Pointer 2018 2019 2020 2021 2022
GDP growth (%) 2.4 2.2 -5.6 1.2 1.6
GDP/population (USD/PPP) 8,728.2 9,003.3 8,440.0 8,570.0 8,760.0
Inflation (%) 4.8 2.6 3.6 3.9 4.3
Unemployment (%) 22.4 22.2 23.4 ON ON
Export of goods (billion USD) 1.8 2.0 1.7 1.8 1.8
Import of goods (billion USD) 1.8 1.7 1.6 1.6 1.7
Trade Balance (Billion USD) 0.0 0.3 0.1 0.2 0.2
Industrial production (% change) ON ON ON ON ON
Population (millions) 1.1 1.2 1.2 1.2 1.2
Competitiveness 120/140 121/141 ON ON ON
OECD export risk 6/7 6/7 6/7 6/7 ON

Source: EIU, OECD, WEF

Public finance and state budget

Public finance
State budget balance (% of GDP) -6.4
Public debt (% of GDP) ON
Current account balance (billion USD) 0.1
Taxes
AFTER ON
F.O ON
VAT ON

Trade relations with the EU and the Czech Republic

Subchapters:

  • Business Relationships
  • FTAs ​​and Treaties
  • Development Cooperation
  • Prospective fields of study (MOP)

Business relations

Trade relations with the EU

Trade exchange with the EU (million EUR)

2018 2019 2020 2021 2022
Exports from the EU (million EUR) 42.9 36.1 26.8 ON ON
Imports into the EU (million EUR) 46.9 113.3 56.1 ON ON
Balance with the EU (million EUR) 4.0 77.2 29.3 ON ON

Source: European Commission

Trade relations with the Czech Republic

Trade exchange with the Czech Republic (million EUR)

2018 2019 2020 2021 2022
Exports from the Czech Republic (billion CZK) 0.0 0.0 0.0 ON ON
Imports to the Czech Republic (billion CZK) 0.0 0.0 0.0 ON ON
Balance with the Czech Republic (billion CZK) 0.0 0.0 0.0 ON ON

Source: CZSO

FTAs and treaties

Treaties with the EU

As a member country of the Southern African Development Community (SADC), Eswatini is part of the Economic Partnership Agreement between the European Union and the SADC countries, which entered into force in 2016.

Contracts with the Czech Republic

The Czech Republic does not have any valid bilateral international agreements with Eswatini, nor is the Czech Republic negotiating any bilateral agreement with Eswatini.

Developmental cooperation

Prospective fields of study (MOP)

The map of global industry opportunities prepared by the Ministry of Foreign Affairs in cooperation with the Ministry of Industry and Trade and PaulTrade does not process the market in Eswatini.

Basic conditions for the use of Czech goods on the market

Subchapters:

  • Market entry
  • Forms and conditions of operation on the market
  • Marketing and Communications
  • Issues of intellectual property protection
  • Public procurement market
  • Payment terms, payment ethics and resolution of commercial disputes
  • Visas, fees, specific conditions of travel to the territory
  • Employment of citizens from the Czech Republic
  • Fairs and events

Market entry

Forms and conditions of operation on the market

Marketing and communication

Issues of intellectual property protection

Public procurement market

Payment terms, payment ethics and resolution of commercial disputes

Visas, fees, specific conditions for traveling to the territory

Employment of citizens from the Czech Republic

Fairs and events

Contacts

Subchapters:

  • Contacts to Czech embassies in the territory
  • Practical telephone numbers (emergency services, police, firefighters, information lines, etc.)
  • Important Internet links and contacts

Contacts at the embassies of the Czech Republic in the territory

The embassy of the Czech Republic in Pretoria has diplomatic and consular jurisdiction for Eswatini.

Embassy of the Czech Republic
Physical address: 936 Pretorius Street, 0083 Arcadia, Pretoria, Gauteng
Postal address: POBox 13671, Hatfield 0028, Pretoria, South Africa
Tel: +27 12 431 2380, Fax: +27 12 430 2033
Email: [email protected]
Web: www.mzv.cz/pretoria

Head of office: JUDr. Pavel Řezáč, Ambassador Extraordinary and Plenipotentiary

Economic department: Mgr. Viktor Dolista, Ing. Kristýna Maina Chvátalová
Tel: +27 12 431 2385, +27 12 431 2389
Email: [email protected]

The Embassy of the Czech Republic in Pretoria is located approx. 50 km from the international airport in Johannesburg (OR Tambo). GPS: S25º44.708′; E 28º13, 566′.

Czech Centers, PaulTrade, CzechInvest and CzechTourism are not represented in Eswatini.

Practical telephone numbers (emergency services, police, firemen, information lines, etc.)

The telephone emergency line of the Embassy of the Czech Republic in Pretoria +27 82 416 0016 can also be accessed on the WhatsApp and Viber applications and is intended exclusively for citizens of the Czech Republic in an emergency or threat to health or life.