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Your email address will not be published.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

‘Cat’ Matlala ID saga: Home Affairs official dismissed

MBABANE – Nonhlanhla Malambe, the Home Affairs official found guilty over the issuance of Eswatini national documents to Vusimuzi ‘Cat’ Matlala, has been...

 MaMkhize absent as Eswatini team suffer 2nd  defeat

NHLANGANO – Mbabane Highlanders AM suffered another painful defeat without President Shauwn ‘MaMkhize’ Mkhize in the stands, as Nsingizini Hotspurs edged them 1-0...

Ex-magistrate, another allegedly disobey court orders

MBABANE – Jail time has been sought for former Magistrate Dumisani Magagula and an individual with whom he is alleged to have disobeyed...

10-litre container of drugs allegedly found with clinic guard

VUVULANE – Community members reportedly recovered a 10-litre container of medication from a security guard at Vuvulane Rural Clinic, raising concerns of theft....

Indlovukazi arrives in UAE for official visit

Her Majesty Indlovukazi has arrived safely in the United Arab Emirates (UAE) where she is on an official visit. Her Majesty arrived around...

Related Articles

Oracle Insurance revenue jumps to E202.6m

MBABANE - Oracle Insurance and Oracle Life have reported a significant improvement...

Notsa Eswatini crowned 2026 Entrepreneur of the Year

MBABANE - Notsa Eswatini, the youth-owned textile manufacturer founded by Wandile Dlamini,...

OK Foods boss opens doors for young entrepreneurs

NGWANE PARK - A local businessman is turning his success into an...

Lower rates may not translate into cheaper loans – IMF

MBABANE – Eswatini’s efforts to stimulate economic activity through lower interest rates...