Central Bank of Swaziland - Annual Report 05-06

According to the Central Bank of Swaziland's Annual Report 2005-2006, the expansion of economic activity slowed down in 2005 after growth of 2.1 percent in 2004.

"Official estimates put real GDP growth at 1.8 percent in 2005. Given the estimated population growth rate of 2.9 percent, this unimpressive economic growth implies a deterioration of the standard of living as measured by per capita income.

"The downward trend in economic performance in 2005 is a reflection of the low growth rate in

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