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Gross Capital Formation (USD) fell 17.1% to USD 884 bil in Swaziland in 2023

Gross Capital Formation (USD) (USD bil), 2023
Economy | Swaziland | September 1, 2025
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Gross capital formation fell 17.1% to USD 884 bil in Swaziland in 2023, according to the National Statistical Office.

Historically, gross capital formation in Swaziland reached an all time high of USD 1,066 bil in 2022 and an all time low of USD 6.72 bil in 1960. When compared to Swaziland's main peers, gross capital formation in Botswana amounted to USD 5,881 bil, USD 577 bil in Lesotho, USD 4,166 bil in Mozambique and USD 59,153 bil in South Africa in 2023.

Swaziland has been ranked 141st within the group of 153 countries we follow in terms of gross capital formation, 17 places above the position seen 10 years ago.

Gross Capital Formation (USD) Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Botswana USD bil 4,412 5,155 4,896 5,131 5,444
Lesotho USD bil 548 641 539 687 645 ...
Malawi USD bil 752 944 ... ... ... ... ...
Mozambique USD bil 6,905 6,336 6,381 6,527 8,159
Namibia USD bil 2,041 1,923 1,474 2,172 2,511
South Africa USD bil 65,533 61,595 41,725 53,858 62,727
Swaziland USD bil 923 749 617 941 1,066 ...
Tanzania USD bil 21,876 24,244 25,599 28,041 31,117
Zambia USD bil ... ... ... ... ... ... 10,153 9,151 5,848 6,931 7,869 ...
Zimbabwe USD bil 4,833 3,549 3,532 4,224 4,791