Swaziland External Debt
Swaziland · Quarterly series · EC-SZ-ED
Latest, Q2 2026
20.50B SZL
-2.0% from Q1 2026
Forecast
Forecast for Q2 2027: 21.45B SZL, with an 80% interval of 17.00B SZL to 25.92B SZL.
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| Q3 2026 | 20.63B SZL | 18.67B SZL | 22.78B SZL |
| Q4 2026 | 20.90B SZL | 19.70B SZL | 22.16B SZL |
| Q1 2027 | 21.18B SZL | 18.04B SZL | 24.45B SZL |
| Q2 2027 | 21.45B SZL | 17.00B SZL | 25.92B SZL |
AI confidence
Supported evidenceThe point forecast beat the no-change baseline overall and in a majority of the evaluated tests.
Model: Agentic Investor TSFM (foundation model)
- Accuracy vs naive
- +18%Beats the no-change baseline over 7 tests (7 tests, 6 won)
- Direction
- 86%No clear edge over a coin flip (24 of 28 calls right in 7 tests)
- Turning points
- 1 of 14Anticipated some turns (14 turns in 7 tests, 0 without a turn)
- Error vs baseline
- 18% lowerError ratio 0.82; 1.00 is a tie.
- Tests won
- 6 / 7Complete rolling backtests; ties count as no win.
- Test period
- 2019-09-01 to 2026-06-014 observations ahead per test.
- 80% band coverage
- 89%Observed outcomes inside the band across all stored test windows.
- Band coverage uses all stored test windows, including model-selection windows when present; it does not determine the confidence label.
- Evaluated 2026-11-15 against the cached history through 2026-06-01.
- This is an evaluation of the serving model; it does not establish a winner across four model classes.
How this assessment is made
AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.
Model comparison
Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.
Reading
It is above 97% of the 39 earlier readings since Q3 2016.
Recent history (24 observations)
| Period | Value |
|---|---|
| Q2 2026 | 20.50B SZL |
| Q1 2026 | 20.91B SZL |
| Q4 2025 | 19.78B SZL |
| Q3 2025 | 17.79B SZL |
| Q2 2025 | 17.89B SZL |
| Q1 2025 | 16.26B SZL |
| Q4 2024 | 16.82B SZL |
| Q3 2024 | 15.32B SZL |
| Q2 2024 | 16.49B SZL |
| Q1 2024 | 15.53B SZL |
| Q4 2023 | 16.04B SZL |
| Q3 2023 | 16.41B SZL |
| Q2 2023 | 15.78B SZL |
| Q1 2023 | 15.12B SZL |
| Q4 2022 | 14.39B SZL |
| Q3 2022 | 13.87B SZL |
| Q2 2022 | 12.92B SZL |
| Q1 2022 | 10.77B SZL |
| Q4 2021 | 11.44B SZL |
| Q3 2021 | 10.73B SZL |
| Q2 2021 | 10.34B SZL |
| Q1 2021 | 10.37B SZL |
| Q4 2020 | 9.77B SZL |
| Q3 2020 | 11.12B SZL |
Source
Data: public market data feeds.
More from Agentic Investor
- Open Swaziland External Debt in the app: the interactive chart and a fresh forecast
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Also stored for Swaziland
- Swaziland Balance Of Trade
- Swaziland Building Permits
- Swaziland CPI Transportation
- Swaziland Central Bank Balance Sheet
- Swaziland Central Bank Lending Rate
- Swaziland Consumer Price Index
- Swaziland Corporate Tax Rate
- Swaziland Corruption Index
- Swaziland Corruption Rank
- Swaziland Current Account
- Swaziland Current Account To GDP
- Swaziland Ease Of Doing Business Ranking