Real GDP growth was estimated at 1.4% in 2019, an appreciable decline from 2.4% in 2018. Economic activity was supported by growth in manufacturing and agriculture, which stabilized following a regional drought in 2015–16. Unabated fiscal challenges impeded domestic demand and generated large domestic arrears that constrained private sector activity linked to government, thus inhibiting economic growth. Construction has contracted since 2017, while services weakened due to poor performance by the wholesale, retail, and public administration subsectors.
In June 2017, the banking sector of Swaziland represented a total asset of $1.6 billion.
Credit distributed to businesses represents $0.43 billion and, more broadly, credit to private sector totaling $0.95 billion.
Swaziland Stock Exchange has 7 listed companies, representing, at the end of 2017, a market capitalization of $0.18 billion.