ique, Swaziland is heavily dependent on
South Africa from which it receives nine-tenths of its imports and to
which it sends more than two-thirds of its exports. Remittances from the
Southern African Customs Union and Swazi workers in South African mines
substantially supplement domestically earned income. The government is
trying to improve the atmosphere for foreign investment. Overgrazing,
soil depletion, drought, and sometimes floods persist as problems for
the future. Prospects for 2002 are strengthened by the country's status
as a beneficiary of the US African Growth and Opportunity Act initiative.
GDP: purchasing power parity - $4.6 billion (2001 est.)
GDP - real growth rate: 2.5% (2001 est.)
GDP - per capita: purchasing power parity - $4,200 (2001 est.)
GDP - composition by sector: agriculture: 10% industry: 43% services:
47% (1999 est.)
Population below poverty line: NA%
Household income or consumption by percentage share: lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices): 7.5% (2001 est.)
Labor force: NA
Labor force - by occupation: NA
Unemployment rate: 34% (2000 est.)
Budget: revenues: $448 million expenditures: $506.9 million, including
capital expenditures of $147 million (FY01/02)
Industries: mining (coal), wood pulp, sugar, soft drink concentrates,
textile and apparel
Industrial production growth rate: 3.7% (FY95/96)
Electricity - production: 362 million kWh (2000)
Electricity - production by source: fossil fuel: 55.8% other: 0% (2000)
hydro: 44.2% nuclear: 0%
Electricity - consumption: 900.66 million kWh (2000)
Electricity - exports: 0 kWh (2000)
Electricity - imports: 564 million kWh note: supplied by South Africa
(2000)
Agriculture - products: sugarcane, cotton, corn, tobacco, rice, citrus,
pineapples, sorghum, peanuts; cattle, goats, sheep
Exports: $702 million (f.o.b., 2001)
Exports - commodities: soft drink concentrates, sugar, wood pulp,
cotton yarn, refrigerators, citrus and canned fruit
Exports - partners: South Africa 72%, EU 12%, UK 6%, Mozambique 4%, US 4%
(1999)
Imports: $850 million (f.o.b., 2001)
Imports - commodities: motor vehicles, machinery, transport equipment,
foodstuffs, petroleum products, chemicals
Imports - partners: South Africa 89%, EU 5%, Japan 2%, Singapore 2%
(2000)
Debt - external: $336 million (2001 est.)
Economic aid - recipient: $104 million (2001)
Currency: li
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