Swaziland [electronic resource] : 2002 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Swaziland.

International Monetary Fund
Washington, D.C. : International Monetary Fund, 2003.
IMF eLibrary
IMF Staff Country Reports; Country Report No. 03/21.
IMF Staff Country Reports; Country Report No. 03/21
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1 online resource (50 p.)
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Additional pension. (search)
Article IV consultations. (search)
Balance of payments. (search)
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Central bank. (search)
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Dependency ratio. (search)
Domestic debt. (search)
Early retirement. (search)
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External debt. (search)
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General resources account. (search)
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Labor force. (search)
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Swaziland. (search)
This 2002 Article IV Consultation highlights that real GDP growth for Swaziland fell from 73⁄4 percent annually during the 1980s to 33⁄4 percent during the 1990s. In 2001, growth declined further to 1.8 percent, reflecting a fall in export demand associated with the economic slowdown in South Africa, foreign disinvestment in some industries, and poor weather. Economic activity appears to have weakened further in 2002, with manufacturing output showing the effects of additional closures by foreign firms and agricultural output being affected by the drought in the region.
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