PredictonomyPredictonomy
Home
Countries
Indicators
Sectors
Sentiment
Studios
Briefings
Methodology
Sign in
PredictonomyPredictonomy

Live macro and micro economic signals, historical context and probabilistic forecasts — built to surface trends before they become consensus.

Research and information only. Not investment advice. Forecasts are probabilistic and uncertain.

Explore

  • Home
  • Countries
  • Indicators
  • Sectors
  • Sentiment
  • Studios
  • Briefings
  • Methodology
  • Global dashboard
  • Signals

Company

  • Pricing
  • Developers
  • Data status
  • About
  • Legal

Weekly newsletter

One email a week, every figure sourced from Predictonomy's own data. Learn more →

World/Forecast/Eswatini

Forecast

Eswatini — macro forecast

Forward projections from the prediction engine — baseline plus an optimistic/pessimistic band and a confidence interval, per macro indicator. These are PROJECTIONS, not observations: generated from observed history, never a guarantee. A country we hold no projections for is shown honestly.

How to read this:Observeda real measured value from a named source.Derivedcomputed by Predictonomy from observed series using a reproducible method.AI readan AI interpretation of already-computed figures. Opinion, not a new data point.

Forecast

Forward projections

Need it as JSON? GET /api/v1/forecast/country/{iso3}.

Forecast heldDerivedledger 51018ed
Real GDP growth — 2026 baseline projection
4.66

Eswatini: forward projections across 15 macro indicators, horizons 2025, 2026, 2027, 2028, 2029, 2030, 2034, 2035. These are projections, not observations — each carries an optimistic/pessimistic band and a confidence interval, anchored against the latest observed value where one is held.

Current account balance to GDP

Weak track record · +1%

Nowcast

Where the data already points

Each indicator nowcast from its strongest leading series — inferable from observations already in hand.

Leading-indicator nowcastDerived

For each indicator, Eswatini's strongest leading series is fit by ordinary least squares over their shared observed history, then the leader's already-observed recent values project the target — so the next year or two is inferable from data already in hand. These are nowcasts from a leading correlation: correlation, not causation, and not a guaranteed forecast.

Unemployment

high confidence

Led by Govt debt / GDP by 2 years (it moves withthe target; r = 0.898 over 31 obs).

YearNowcastImplied by Govt debt / GDP in
202636.062024 (40)

Latest observed1.8(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
20262.158.96-4.650.73 – 3.58
20281.6613.46-10.13-0.82 – 4.15
20301.1716.4-14.05-2.03 – 4.37
2035-0.0521.48-21.58-4.61 – 4.5

Blended 1-yr-ahead1.61· skill-weighted across models

Track record±0.35typical miss · 1 realized · 20% MAPE

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Exports of goods and services

Below naive baseline · -1%

Latest observed53.76(2024)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202555.160.7350.2253.39 – 56.8
202757.7867.5349.3253.5 – 62.05
202960.4673.0549.5453.59 – 67.32
203467.1684.9651.7253.22 – 81.09

Blended 1-yr-ahead54.79· skill-weighted across models

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Gross domestic product, current US dollars

Weak track record · +2%

Latest observed5.2bn(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20265.3bn6bn4.6bn5.1bn – 5.4bn
20285.5bn6.7bn4.4bn5.1bn – 5.9bn
20305.7bn7.3bn4.3bn5.1bn – 6.4bn
20356.3bn8.6bn4.4bn5bn – 7.6bn

Blended 1-yr-ahead6.2bn· skill-weighted across models

Track record±802.6mtypical miss · 1 realized · 13% MAPE

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Real GDP growth

Below naive baseline · -4%

Latest observed4.19(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20264.6612-2.043.3 – 6.02
20285.8412-5.773.32 – 8.35
20307.0112-7.973.57 – 10.45
20359.9512-104.28 – 12

Blended 1-yr-ahead3.81· skill-weighted across models

Track record±0.96typical miss · 1 realized · 26% MAPE

Method: weighted_composite; lookback 6y; horizon 1y; confidence 80%

GDP per capita, current US dollars

Below naive baseline · 0%

Latest observed4.1k(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20264.1k4.7k3.6k4k – 4.3k
20284.3k5.3k3.4k3.9k – 4.6k
20304.4k5.7k3.2k3.9k – 4.9k
20354.6k6.5k3k3.7k – 5.6k

Blended 1-yr-ahead4.9k· skill-weighted across models

Track record±627.06typical miss · 1 realized · 13% MAPE

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

General government debt to GDP

Weak track record · +4%

Latest observed52.5(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
202647.4851.9442.3346 – 48.95
202852.8360.5543.9148.92 – 56.74
203058.1868.1546.6751.57 – 64.78
203571.5685.6655.2856.71 – 86.4

Blended 1-yr-ahead54.57· skill-weighted across models

Track record±5.02typical miss · 1 realized · 10% MAPE

Method: linear_trend; lookback 10y; horizon 1y; confidence 80%

Imports of goods and services

Weak track record · +3%

Latest observed53.72(2024)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202555.2360.1550.3153.52 – 56.94
202758.2466.7649.7353.93 – 62.55
202961.2672.2550.2654.3 – 68.21
203468.7984.3353.2454.52 – 83.06

Blended 1-yr-ahead55.29· skill-weighted across models

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Consumer price inflation

Below naive baseline · -15%

Latest observed2.6(2019)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20262.814.321.22.43 – 3.19
20281.554.16-1.240.9 – 2.2
20300.293.66-3.32-0.54 – 1.12
2035-2.861.9-5-4.37 – -1.35

Blended 1-yr-ahead2.66· skill-weighted across models

Track record±0.09typical miss · 1 realized · 3% MAPE

Method: exponential_smoothing; lookback 6y; horizon 1y; confidence 80%

Gross fixed capital formation to GDP

Below naive baseline · -9%

Latest observed16.07(2024)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202515.8819.4612.7715.11 – 16.64
202715.4621.6710.0813.83 – 17.09
202915.0523.078.112.7 – 17.4
203414.0125.354.1810.15 – 17.87

Blended 1-yr-ahead15.94· skill-weighted across models

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Total population

Strong track record · +66%

Latest observed1.3m(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20261.3m1.3m1.2m1.2m – 1.3m
20281.3m1.3m1.2m1.2m – 1.4m
20301.3m1.3m1.2m1.1m – 1.4m
20351.3m1.4m1.3m1m – 1.6m

Blended 1-yr-ahead1.3m· skill-weighted across models

Track record±15ktypical miss · 1 realized · 1% MAPE

Method: exponential_smoothing; lookback 10y; horizon 1y; confidence 80%

Productivity growth

Below naive baseline · -2%

Latest observed1.87(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20261.838.08-2.871.01 – 2.64
20281.6512.48-6.480.21 – 3.08
20301.4715-9.02-0.4 – 3.33
20351.0215-10-1.61 – 3.66

Blended 1-yr-ahead1.27· skill-weighted across models

Track record±1.18typical miss · 1 realized · 63% MAPE

Method: weighted_composite; lookback 7y; horizon 1y; confidence 80%

Total reserves (excluding gold)

Below naive baseline · -6%

Latest observed536.6m(2024)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
2025530.1m687.4m372.8m497.6m – 562.7m
2027521.2m793.6m248.8m454.5m – 587.9m
2029512.2m863.9m160.5m417.4m – 607m
2034489.8m987.2m0335.3m – 644.3m

Blended 1-yr-ahead538.7m· skill-weighted across models

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Reserves in months of imports

Below naive baseline · -5%

Latest observed1.91(2024)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20252.093.041.131.91 – 2.27
20272.33.950.651.93 – 2.66
20292.44.530.271.88 – 2.92
20342.485.501.63 – 3.34

Blended 1-yr-ahead1.78· skill-weighted across models

Method: mean_reversion; lookback 10y; horizon 1y; confidence 80%

Total reserves (including gold)

Below naive baseline · -6%

Latest observed536.6m(2024)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
2025530.1m687.4m372.8m497.6m – 562.7m
2027521.2m793.6m248.8m454.5m – 587.9m
2029512.2m863.9m160.5m417.4m – 607m
2034489.8m987.2m0335.3m – 644.3m

Blended 1-yr-ahead538.7m· skill-weighted across models

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Unemployment rate

Moderate track record · +29%

Latest observed34.2(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202634.3737.1531.5833.3 – 35.43
202834.6939.5229.8632.13 – 37.26
203035.024028.7831.04 – 39
203535.844027.0228.4 – 40

Blended 1-yr-ahead34.25· skill-weighted across models

Method: linear_trend; lookback 6y; horizon 1y; confidence 80%

Reliability badges show each indicator's best model skill— how much it beats a naive last-value forecast, measured out-of-sample on that series' own observed history (backtested one-step-ahead). A track record, not a guarantee of future accuracy.

Generated by the prediction engine (model prediction-engine-v1) on 2026-10-31 from observed history. Projections, not observations — never a guarantee of future values.

Machine-readable: GET /api/v1/forecast/country/SWZ · Country page → · Full brief → · API docs

2027
38.15
2025 (44.8)

Fit: Unemployment ≈ 18.7095 + 0.4339·Govt debt / GDP. Correlation, not causation.

Govt debt / GDP

high confidence

Led by Unemployment by 1 year (it moves withthe target; r = 0.78 over 33 obs).

YearNowcastImplied by Unemployment in
202635.622025 (34.2)

Fit: Govt debt / GDP ≈ -29.4308 + 1.9019·Unemployment. Correlation, not causation.

GDP (current US$)

moderate confidence

Led by Unemployment by 3 years (it moves withthe target; r = 0.699 over 32 obs).

YearNowcastImplied by Unemployment in
20265.6bn2023 (34.61)
20275.6bn2024 (34.64)
20285.5bn2025 (34.2)

Fit: GDP (current US$) ≈ -3059129187.2785 + 250475188.6884·Unemployment. Correlation, not causation.

CPI inflation

low confidence

Led by Govt debt / GDP by 3 years (it moves inversely tothe target; r = -0.516 over 30 obs).

YearNowcastImplied by Govt debt / GDP in
20262.772023 (39.4)
20272.672024 (40)
20281.852025 (44.8)

Fit: CPI inflation ≈ 9.4405 + -0.1693·Govt debt / GDP. Correlation, not causation.

Machine-readable: GET /api/v1/nowcast/country/SWZ?indicator= · API docs