Swaziland Private Sector Credit
Swaziland · Monthly series · EC-SZ-PSC
Latest, August 2026
23.50B SZL
-1.3% from July 2026
Forecast
Forecast for August 2027: 24.28B SZL, with an 80% interval of 21.44B SZL to 26.70B SZL.
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| September 2026 | 23.57B SZL | 23.39B SZL | 23.76B SZL |
| October 2026 | 23.63B SZL | 23.05B SZL | 24.23B SZL |
| November 2026 | 23.70B SZL | 22.26B SZL | 25.07B SZL |
| December 2026 | 23.77B SZL | 22.88B SZL | 24.59B SZL |
| January 2027 | 23.85B SZL | 22.36B SZL | 25.16B SZL |
| February 2027 | 23.92B SZL | 21.68B SZL | 25.86B SZL |
| March 2027 | 23.98B SZL | 21.67B SZL | 26.02B SZL |
| April 2027 | 24.03B SZL | 22.08B SZL | 25.79B SZL |
| May 2027 | 24.10B SZL | 21.62B SZL | 26.25B SZL |
| June 2027 | 24.16B SZL | 20.92B SZL | 26.96B SZL |
| July 2027 | 24.22B SZL | 21.83B SZL | 26.25B SZL |
| August 2027 | 24.28B SZL | 21.44B SZL | 26.70B SZL |
AI confidence
Mixed evidenceThe tests show no consistent, material advantage over the no-change baseline.
Model: Agentic Investor TSFM (foundation model)
- Accuracy vs naive
- +10%Matches the no-change baseline over 7 tests (7 tests, 4 won)
- Direction
- 65%No clear edge over a coin flip (51 of 78 calls right in 7 tests)
- Turning points
- 6 of 26Anticipated some turns (26 turns in 7 tests, 0 without a turn)
- Error vs baseline
- 10% lowerError ratio 0.90; 1.00 is a tie.
- Tests won
- 4 / 7Complete rolling backtests; ties count as no win.
- Test period
- 2019-09-01 to 2026-08-0112 observations ahead per test.
- 80% band coverage
- 85%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 2026-08-01.
- 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 119 earlier readings since September 2016.
Recent history (24 observations)
| Period | Value |
|---|---|
| August 2026 | 23.50B SZL |
| July 2026 | 23.80B SZL |
| June 2026 | 23.80B SZL |
| May 2026 | 23.90B SZL |
| April 2026 | 23.30B SZL |
| March 2026 | 23.20B SZL |
| February 2026 | 22.90B SZL |
| January 2026 | 22.10B SZL |
| December 2025 | 22.40B SZL |
| November 2025 | 21.90B SZL |
| October 2025 | 21.70B SZL |
| September 2025 | 21.70B SZL |
| August 2025 | 21.20B SZL |
| July 2025 | 21.50B SZL |
| June 2025 | 21.60B SZL |
| May 2025 | 21.60B SZL |
| April 2025 | 21.30B SZL |
| March 2025 | 21.40B SZL |
| February 2025 | 21.50B SZL |
| January 2025 | 21.00B SZL |
| December 2024 | 20.40B SZL |
| November 2024 | 20.10B SZL |
| October 2024 | 20.10B SZL |
| September 2024 | 19.90B SZL |
Source
Data: public market data feeds.
More from Agentic Investor
- Open Swaziland Private Sector Credit in the app: the interactive chart and a fresh forecast
- World and commodity series: every stored series
- Vietnam indicators
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