TOOL · GROSS COST

How much would a basic income cost in Eswatini?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Country

Adult population 816,207child population 414,299year 2023World Bank WDI

Monthly amount per adult

Monthly amount per child

GROSS ANNUAL COST

9,824 million

in SZLSZL 9,824,222,400

Equal to 11.5% of reference GDP

Population covered: 1,230,506 people

Adults: 816,207 × SZL 800 × 12 = SZL 7,835,587,200

Children: 414,299 × SZL 400 × 12 = SZL 1,988,635,200

SZL 7,835,587,200 + SZL 1,988,635,200 = SZL 9,824,222,400

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $4,621,191,262 · World Bank WDI

Currency SZL · exchange rate 18.4536 SZL/USD (2023)

Converted cost $532,374,518 for the GDP share.