The ISO code of Swaziland is SZ according to the ISO 3166 standard. The local name of the country is the same as its English name. Swaziland capital city is Mbabane (administrative); Lobamba (royal and legislative). People in Swaziland speak the Swati, and English languages. On 6 September 1968, Swaziland emerged as a sovereign political entity. In the year 09/06/1968, Swaziland emerged as a sovereign political entity. The largest cities in Swaziland are Mbabane, Lobamba, Manzini .
Swaziland is located in the UTC +02:00 time zone, which is also called Central Africa Time or CAT. The internet country code top-level domain (ccTLD) for Swaziland is .sz. The International dialing code for Swaziland is 268. People in Swaziland drive on the left side of the road. Total land area of Swaziland is 17,364 km² (approx. 6,704 mi²). Swaziland is a landlocked country.
Swaziland is located in Africa. Swaziland is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life.
Currently Swaziland faces various issues, including limited supplies of potable water, wildlife populations being depleted because of excessive hunting, overgrazing, soil degradation, soil erosion.
Doing business in Swaziland
We offer various corporate services in Swaziland jurisdiction. These services can serve both, people coming from Swaziland and foreigners. If you plan on doing business in Swaziland you might be interested in contacting us.
To find out about starting your business in Swaziland click on company formation in Swaziland.
To find out how to open a bank account in Swaziland and moreover what type of account Confidus Solutions suggests to create, please click on bank account in Swaziland.
Choose preferred service below or continue reading to find out more about Swaziland.
Demographics of Swaziland
The total population of Swaziland is 1,391,385 people. In Swaziland, the population density is 72 people per square kilometer (187 per square mile). Because of this statistic, this country is considered to be sparsely populated. The ethnic diversity is almost uniform according to a fractionalization scale which for Swaziland is 0.0582. Swaziland has approximately 25524 foreign immigrants. The median age is approximately 21 years. In Swaziland, 20.78 in every 100 people use internet. Swaziland has a Human Development Index (HDI) of 0.53.
The majority religion of Swaziland is Christianity, Swaziland is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Click on a link to read more on demographics of Swaziland.
Culture of Swaziland
People in Swaziland speak the Swati, and English languages. According to data on inbound tourists in Swaziland, 968,000 tourists arrive in the country each year. One of the most popular national dishes of Swaziland is karoo roast ostrich steak. To read more click on culture of Swaziland.
Geography of Swaziland
Swaziland is considered to be a large nation because of its total area. Its total land area is 17,364 km² (approx. 6,704 mi²). Swaziland is located in Africa. Its capital city is Mbabane (administrative); Lobamba (royal and legislative). Swaziland has 2 neighbouring countries. Its neighbours include Mozambique, and South Africa. Total length of land borders of Swaziland is 546 kilometers (~211 miles).
The highest point of Swaziland is Emlembe, with its official height being 1862 m (6,109 ft). Including land mass and EEZ, the total area of Swaziland is approximately 17,364 km² (~6,704 mi²). The most notable natural resources found in Swaziland are asbestos, coal, clay, cassiterite, hydropower, forests, small gold and diamond deposits, quarry stone, and talc.To read more click on geography of Swaziland.
Economy of Swaziland
The currency of the country is Swazi lilangeni. The symbol used for this currency is L, and it is abbreviated as SZL. 26.4% of population in the country are unemployed. The total number of unemployed people in Swaziland is 367,326. Each year, Swaziland exports around $1.6 billion and imports roughly $1.54 billion. The Gini Index of the country is 50.4. Swaziland has a Human Development Index (HDI) of 0.53.The Global Peace Index (GPI) for Swaziland is 2.102. Swaziland has a government debt of 9.9% of the country's Gross Domestic Product (GDP), as assessed in 2014. Swaziland is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Major industries in the country are coal, forestry, sugar, soft drink concentrates, textiles and apparel.
The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in Swaziland is $10,562 billion. Each year, consumers spend around $2,788 million. The ratio of consumer spending to GDP in Swaziland is 0%, and the ratio of consumer spending to the world consumer market is 0.008. The corporate tax in Swaziland is set at 27.5%. Personal income tax ranges from 33% to 33%, depending on your specific situation and income level. VAT in Swaziland is 14%, and it is known as Sales Tax. In 2013, Swaziland received 88.1 million USD in foreign aid.In 2014, the foreign aid amounted to 124.9 USD.To read more click on economy of Swaziland.
Infrastructure of Swaziland
In Swaziland, 42% of the population has access to electricity. There are 2,744 internet hosts in Swaziland. Swaziland has 14 airports nationwide.
To read more click on infrastructure of Swaziland.
Politics of Swaziland
Swaziland, is a unitary parliamentary absolute monarchy. With regard to political and civil freedoms, Swaziland is 3. Citizens in Swaziland experience little to no civil liberties and political rights. Citizens are not free to express themselves and do not enjoy political freedom or a representative government. Countries with this political situation are dangerous for investment, as an authoritarian government may have outsize control over economic matters. The head of the government is Mswati III.
According to the World Bank Group, the government effectiveness index of Swaziland is -0.53. This indicates that the government of Swaziland is ineffective. Public and civil services are severely handicapped, leading to potential for social and political upheaval.In Swaziland, the legislative power is vested in a Parliament. The Global Peace Index (GPI) for Swaziland is 2.102. The strength of legal rights index for Swaziland is 4. Overall, it is considered to be rather inadequate - bankruptcy and collateral laws are able to protect the rights of borrowers and lenders to some degree; credit information may be sufficient, but hardly available, or, the oppoiste case, available but not sufficient. In 2013, Swaziland received 88.1 million USD in foreign aid. In 2014, the foreign aid amounted to 124.9 USD. Swaziland is a member of the United Nations (UN). On 24 September 1968, it joined the UN as a full member state. Swaziland is a member of the African Union (AU). On 24 September 1968, it joined the AU as a full member state. Swaziland is a member of the World Bank. To read more click on politics of Swaziland.
Environment of Swaziland
Swaziland emits 0.9 metric tons per capita of CO2. 174 km² of Swaziland's territory is covered in forests. and forest land comprises 1% of all the land in the country. To read more click on environment of Swaziland.
Company formation in Swaziland
The development of telecommunications and economic globalization has made it possible for interested investors to form companies around the world. With proper research, financial investments, and legal backing, business ventures can safely be established in Swaziland.
When establishing a company in Swaziland, an interested investor must do due diligence with regard to legal processes, international regulations, and sufficient investment for success. It is critical to understand cultural, social, and political factors of Swaziland that will affect the establishment and growth of one's business. Contact us or click on company formation in Swaziland to read additional information when setting up a business.
Bank account opening in Swaziland
With the right paperwork and initial outlay, it is possible for a foreign citizen to open a bank account in Swaziland. This opportunity for international accounts and investments offers several advantages based on economic regulations and tax structures. Interest rates and fees vary depending on your interests.
When considering opening a bank account in Swaziland, one must enlist the help of international experts to guide them through the process. To find out more about our banking services click on bank account in Swaziland or contact us.