Inflation rates by country and year

0%5.2%10.4%15.6%20.8%
0%5.2%10.4%15.6%20.8%
19663.2%
19927.6%
20192.6%
Source: World Bank

Data: World Bank, annual %. For information only — not financial advice.

Year2019Inflation Rate2.6%

Behind the curve

Turning points in Eswatini

  1. 2008↑ Upward pressure

    The world food price crisis — Wikipedia (opens in a new tab)

    The 2008 food-and-fuel shock hit an Eswatini already facing frequent food shortages. IMF staff called for targeted assistance and food-import liberalisation rather than delayed pass-through or broad subsidies.

    IMF Country Report 08/356 · Kingdom of Swaziland: 2008 Article IV Consultation
  2. 2020↓ Downward pressure

    The pandemic recession — Wikipedia (opens in a new tab)

    During the pandemic-affected 2019/20 financial year, Eswatini's inflation averaged 2.1%, down from 5.0%. The Central Bank attributed much of the moderation to housing-and-utilities inflation falling from 13.9% to 0.4%.

    Outside the available chart data.

    Central Bank of Eswatini · 2019/20 Annual Integrated Report

These are selected historical influences, not a complete account of inflation. An upward-pressure event can coincide with a peak when its inflationary effect has already occurred or when other forces begin pushing inflation lower. The markers show the years in which events occurred, although their effects may extend into later years.

What is the inflation in Eswatini?

The annual inflation rate in Eswatini was 2.6% in 2019, the most recent year in the World Bank dataset. That means prices rose 2.6% on average compared with the year before. Use the chart above to explore Eswatini's full inflation history from 1966 to 2019, and to compare it with any other country.

How inflation in Eswatini has changed

Inflation in Eswatini peaked at 20.8% in 1977 and reached its lowest point at 1.8% in 1967. Averaged across the 54 years of available data (1966–2019), the rate has been 9.2% per year.

Frequently asked questions about inflation in Eswatini

What is the current inflation rate in Eswatini?

The latest available annual figure is 2.6% in 2019, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Eswatini's statistical office.

What was the highest inflation rate in Eswatini?

The highest annual inflation rate on record is 20.8%, reached in 1977.

What was the lowest inflation rate in Eswatini?

The lowest annual inflation rate on record is 1.8%, recorded in 1967.

Where does the inflation data for Eswatini come from?

All figures come from the World Bank's World Development Indicators (indicator FP.CPI.TOTL.ZG), which report annual consumer price inflation for more than 200 countries and territories from 1960 onward.