{"id":71,"date":"2017-03-04T07:37:29","date_gmt":"2017-03-04T07:37:29","guid":{"rendered":"http:\/\/www.swazilandcharitabletrust.org\/swazi\/?page_id=71"},"modified":"2019-07-28T08:22:08","modified_gmt":"2019-07-28T07:22:08","slug":"economic-situation","status":"publish","type":"page","link":"https:\/\/www.swazilandcharitabletrust.org\/about-swaziland\/economic-situation\/","title":{"rendered":"Economic Situation"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignleft size-medium wp-image-102\" src=\"http:\/\/www.swazilandcharitabletrust.org\/swazi\/wp-content\/uploads\/2017\/03\/general-300x226.jpg\" alt=\"\" width=\"300\" height=\"226\" srcset=\"https:\/\/www.swazilandcharitabletrust.org\/wp-content\/uploads\/2017\/03\/general-300x226.jpg 300w, https:\/\/www.swazilandcharitabletrust.org\/wp-content\/uploads\/2017\/03\/general.jpg 367w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>The Kingdom of Eswatini is classified as a middle income country &#8211; GDP &#8211; per capita $4,500 (2010 est.) but income is distributed unequally &#8211; the richest 10% of the population control almost 40% of the total income, while the poorest 40% control only 14%. It is estimated that 55% of the rural population live below the poverty line.<\/p>\n<p>The Swazi population is predominantly rural, with only 32% of the population being urbanised. The contribution of agriculture to GDP, however, has steadily declined from 21% in 1985 to 9% in 2003. 56% of the land area is referred to as Swazi Nation Land (SNL), which is vested in the King, in trust for the nation; 44% is privately owned Title Deed Land (TDL).<\/p>\n<p>There is a modern commercial sector, mainly on TDL (main products being sugar cane, pineapple and citrus), and a smallholder traditional sector, on SNL. Most SNL land area is used for communal grazing. Crop production on family smallholdings covers only about 10% of the area. The SNL is overgrazed with soil erosion and land degradation undermining the sustainability of farming systems. Access to capital is also a severe constraint for most SNL farmers.<\/p>\n<p>The currency in\u00a0eSwatini is the Lilangeni (plural Emalangeni). It is linked to and of equal value to the South African Rand. The 2017 exchange was approximately \u00a31:E16.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Kingdom of Eswatini is classified as a middle income country &#8211; GDP &#8211; per capita $4,500 (2010 est.) but income is distributed unequally &#8211; the richest 10% of the population control almost 40% of the total income, while the poorest 40% control only 14%. It is estimated that 55% of the rural population live [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":33,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.swazilandcharitabletrust.org\/wp-json\/wp\/v2\/pages\/71"}],"collection":[{"href":"https:\/\/www.swazilandcharitabletrust.org\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.swazilandcharitabletrust.org\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.swazilandcharitabletrust.org\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swazilandcharitabletrust.org\/wp-json\/wp\/v2\/comments?post=71"}],"version-history":[{"count":5,"href":"https:\/\/www.swazilandcharitabletrust.org\/wp-json\/wp\/v2\/pages\/71\/revisions"}],"predecessor-version":[{"id":363,"href":"https:\/\/www.swazilandcharitabletrust.org\/wp-json\/wp\/v2\/pages\/71\/revisions\/363"}],"up":[{"embeddable":true,"href":"https:\/\/www.swazilandcharitabletrust.org\/wp-json\/wp\/v2\/pages\/33"}],"wp:attachment":[{"href":"https:\/\/www.swazilandcharitabletrust.org\/wp-json\/wp\/v2\/media?parent=71"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}