Home Business Eswatini’s economy expands by 3.4 per cent in Q2
Business

Eswatini’s economy expands by 3.4 per cent in Q2

Share
Growth rates.
Share

MBABANE – Eswatini’s economy grew by 3.4 per cent in real terms in the second quarter of 2025, compared to the same period last year.

This is according to new figures released by the Central Statistical Office (CSO) under the Ministry of Economic Planning and Development.

The quarterly gross domestic product (GDP) report shows that the seasonally adjusted real GDP reflects a notable improvement from the 0.6 per cent growth recorded in the second quarter of 2024.

On a quarter-to-quarter basis, economic output also rose by 1.9 per cent in Q2 2025, following a slight contraction of 0.3 per cent in the previous quarter.

According to the CSO, the rebound was largely supported by strong performances in the secondary and tertiary sectors, which outweighed the slowdown experienced in the primary industries such as agriculture, forestry and mining.

The secondary sector, which includes manufacturing, electricity, water and construction, expanded by 6.7 per cent year-on-year. Growth in this category was driven mainly by manufacturing (6.1 per cent), electricity supply (6.6 per cent), water supply (4.1 per cent) and a robust 12 per cent rise in construction.

The tertiary sector, which remains the backbone of the economy, contributing over half (52.6 per cent) of total output, grew by 3.7 per cent. Key drivers included information and communication (17.5 per cent), professional services (15.1 per cent), financial and insurance activities (4.1 per cent), transport (3.1 per cent) and wholesale and retail trade (2 per cent).

Full article available in our publication.

Sector growth rates.
Sector growth rates.

Share
Written by
Nhlanganiso Mkhonta

Nhlanganiso Mkhonta serves as Business Editor at the Times of Eswatini. He reports on business, economics, finance, investment, entrepreneurship and public policy, producing insightful coverage and analysis of the issues driving Eswatini’s economy and the wider African business environment.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Don't Miss

FNB probe uncovers E20m fraud syndicate

BY MBONGISENI NDZIMANDZE AND KWANELE DLAMINI MBABANE – Investigations into the alleged fraud committed at FNB Eswatini have uncovered a syndicate involving businessmen,...

Home Affairs official fired in insurance scam as…

... man declared dead while alive MBABANE – A living man was declared dead after a Home Affairs official issued a death certificate...

Butsegetsege set to light up Eswatini for Kagogo Weekend

MBABANE — Excitement has reached a fever pitch across the kingdom as viral cultural sensation Mavusane Cyzweh, widely known as Butsegetsege, officially confirms...

Royal Swazi Reopening in sight

MBABANE- What has seemed like an eternity, the Royal Swazi Hotel could finally be opening its doors before the end of the year....

CBE deploys senior executive for EswatiniBank turnaround

MBABANE – Central Bank of Eswatini (CBE) Chief Operations Officer Mfan’fikile Dlamini has been seconded to EswatiniBank for up to 12 months to...

Related Articles

Economy strengthens in first half of 2026

MBABANE - Eswatini’s economy strengthened during the first half of 2026, with...

Standard Bank brings back Instant Money

MBABANE - Standard Bank Eswatini is bringing back its Instant Money service,...

Eswatini economy expands 6.5% in Q2

MBABANE – Eswatini’s real gross domestic product (GDP) grew by 6.5 per...

EWADE pauses new farmer intake into Hamba Ubuye

MBABANE - In this current farming season (2026/27), the Eswatini Water and...