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In this small, landlocked economy, subsistence agriculture occupies approximately 70% of the population. The manufacturing sector has diversified since the mid-1980s. Sugar and wood pulp remain important foreign exchange earners. In 2007, the sugar industry increased efficiency and diversification efforts, in response to a 17% decline in EU sugar prices. Mining has declined in importance in recent years with only coal and quarry stone mines remaining active. Surrounded by South Africa, except for a short border with Mozambique, Swaziland is heavily dependent on South Africa from which it receives more than nine-tenths of its imports and to which it sends 60% of its exports. Swaziland's currency is pegged to the South African rand, subsuming Swaziland's monetary policy to South Africa. Customs duties from the Southern African Customs Union (SACU) account for two-thirds of Swaziland's government revenues, and worker remittances from South Africa substantially supplement domestically earned income. Customs revenues plummeted during the global economic crisis and Swaziland has appealed to SACU for assistance. With an estimated 40% unemployment rate, Swaziland's need to increase the number and size of small and medium enterprises and attract foreign direct investment is acute. Overgrazing, soil depletion, drought, and sometimes floods persist as problems for the future. More than one-fourth of the population needed emergency food aid in 2006-07 because of drought, and more than one-quarter of the adult population has been infected by HIV/AIDS.
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$5.857 billion (2009 est.)
country comparison to the world: 154
$5.834 billion (2008 est.)
$5.697 billion (2007 est.)
note:
data are in 2009 US dollars
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$2.983 billion (2009 est.)
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0.4% (2009 est.)
country comparison to the world: 107
2.4% (2008 est.)
3.5% (2007 est.)
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$4,400 (2009 est.)
country comparison to the world: 152
$4,400 (2008 est.)
$4,400 (2007 est.)
note:
data are in 2009 US dollars
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agriculture: 8.4%
industry:
42.4%
services:
49.2% (2009 est.)
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457,900 (2007)
country comparison to the world: 156
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agriculture: NA%
industry:
NA%
services:
NA%
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40% (2006 est.)
country comparison to the world: 185
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69% (2006)
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lowest 10%: 1.6%
highest 10%:
40.7% (2001)
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50.4 (2001)
country comparison to the world: 23
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13.6% of GDP (2009 est.)
country comparison to the world: 141
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revenues: $1.108 billion
expenditures:
$1.256 billion (2009 est.)
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7.6% (2009 est.)
country comparison to the world: 177
13.7% (2008 est.)
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11% (31 December 2008)
country comparison to the world: 33
11% (31 December 2007)
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14.83% (31 December 2008)
country comparison to the world: 64
13.17% (31 December 2007)
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$211.8 million (31 December 2008)
country comparison to the world: 145
$244.8 million (31 December 2007)
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$441.5 million (31 December 2008)
country comparison to the world: 138
$529.4 million (31 December 2007)
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$51.55 million (31 December 2008)
country comparison to the world: 133
$204.1 million (31 December 2007)
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$NA (31 December 2009)
country comparison to the world: 109
$203.1 million (31 December 2007)
$199.9 million (31 December 2006)
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sugarcane, cotton, corn, tobacco, rice, citrus, pineapples, sorghum, peanuts; cattle, goats, sheep
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coal, wood pulp, sugar, soft drink concentrates, textiles and apparel
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-3.5% (2009 est.)
country comparison to the world: 103
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441 million kWh (2007 est.)
country comparison to the world: 162
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1.266 billion kWh (2007 est.)
country comparison to the world: 144
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0 kWh (2008)
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770 million kWh; note - electricity supplied by South Africa (2008 est.)
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0 bbl/day (2009 est.)
country comparison to the world: 128
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4,000 bbl/day (2009 est.)
country comparison to the world: 173
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0 bbl/day (2007 est.)
country comparison to the world: 173
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4,100 bbl/day (2007 est.)
country comparison to the world: 167
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0 bbl (1 January 2009 est.)
country comparison to the world: 117
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0 cu m (2008 est.)
country comparison to the world: 123
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0 cu m (2008 est.)
country comparison to the world: 173
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0 cu m (2008 est.)
country comparison to the world: 117
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0 cu m (2008 est.)
country comparison to the world: 127
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0 cu m (1 January 2009 est.)
country comparison to the world: 128
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-$180 million (2009 est.)
country comparison to the world: 87
-$152.7 million (2008 est.)
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$1.405 billion (2009 est.)
country comparison to the world: 136
$1.569 billion (2008 est.)
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soft drink concentrates, sugar, wood pulp, cotton yarn, refrigerators, citrus and canned fruit
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$1.559 billion (2009 est.)
country comparison to the world: 160
$1.7 billion (2008 est.)
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motor vehicles, machinery, transport equipment, foodstuffs, petroleum products, chemicals
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$663 million (31 December 2009 est.)
country comparison to the world: 137
$751.9 million (31 December 2008 est.)
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$534 million (31 December 2009 est.)
country comparison to the world: 158
$554 million (31 December 2008 est.)
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$NA
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$NA
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emalangeni per US dollar - 10.5 (2009), 7.75 (2008), 7.4 (2007), 6.85 (2006), 6.3593 (2005)
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