Sunday, 5 January 2014

Swaziland gets a hit in this sector because it is a very limited place and most of its connections are solely with South Africa. The wage bill today constitutes over 15% of GDP and 55% of total public spending; these are some of the highest levels on the African continent.
Real GDP growth since 2001 has been observed  with 2.8%, sadly that is  2 percentage points lower than growth in other Southern African Customs Union  Its economy is diversified though , with manufacturing accounting for about 37% of its GDP! Take that Dominican Republic! Even though Swaziland is more of a tribal place, 75% of its total population is employed.
  Swaziland is friends with the “popular group” i.e the big countries. The Swazi economy is very closely linked to the South African economy, from which it receives over 90% of its imports and to which it sends about 70% of its exports. Swaziland's other key trading partners are the United States and the EU, from whom the country has received trade preferences for apparel exports.

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