Lesotho Economic Statistics and Indicators

29, Jun 2015, EDT. Welcome to the Lesotho economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Lesotho › Change country
National or Regional Currency: Loti, LSL
Year of data: 2014 › Change year
Number of Indicators Listed: 36
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 1942008 ; note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2014 est.)
Area: total: 30,355 sq km ; land: 30,355 sq km ; water: 0 sq km
Natural Resources: water, agricultural and grazing land, diamonds, sand, clay, building stone
Capital: name: Maseru ; geographic coordinates: 29 19 S, 27 29 E ; time difference: UTC+2 (7 hours ahead of Washington, DC, during Standard Time)

Small, mountainous, and completely landlocked by South Africa, Lesotho is a least developed country in which about three-fourths of the people live in rural areas and engage in subsistence agriculture. Lesotho produces less than 20% of the nation's demand for food. Rain-fed agriculture is vulnerable to weather and climate variability; an estimated 725,500 people will require food assistance in 2012/13. The distribution of income in Lesotho remains inequitable. Lesotho relies on South Africa for much of its economic activity. Lesotho imports 90% of the goods it consumes from South Africa, including most agricultural inputs. Households depend heavily on remittances from family members working in South Africa, in mines, on farms and as domestic workers, though mining employment has declined substantially since the 1990s. Government revenue depends heavily on transfers from South Africa. Customs duties from the Southern Africa Customs Union accounted for 44% of government revenue in 2012. The South African Government also pays royalties for water transferred to South Africa from a dam and reservoir system in Lesotho. However, the government continues to strengthen its tax system to reduce dependency on customs duties and other transfers. Access to credit remains a problem for the private sector. The government maintains a large presence in the economy - government consumption accounted for 39% of GDP in 2013 and the government remains Lesotho's largest employer. Lesotho's largest private employer is the textile and garment industry - approximately 36,000 Basotho, mainly women, work in factories producing garments for export to South Africa and the US. Diamond mining in Lesotho has grown in recent years and may contribute 8.5% to GDP by 2015, according to current forecasts. Lesotho's $362.5 million Millennium Challenge Account Compact, which focused on strengthening the healthcare system, developing the private sector, and providing access to improved water supplies and sanitation facilities, will end in September 2013. Despite the 2008/09 global economic crisis, the economy has had strong, but declining growth since 2010.
More on the Lesotho Economy
More on the Lesotho Export, Import and Trade

Economic Indicator Listing
  For Lesotho in year 2014 Indicator Value
GDP Growth (Constant Prices, National Currency) 4.299 %
GDP (Current Prices, National Currency)LSL 24.223 Billion.
GDP (Current Prices, US Dollars)US$ 2.458 Billion
GDP Deflator 191.198 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)LSL 6,630.43 .
GDP Per Capita (Current Prices, National Currency)LSL 12,677.23 .
GDP Per Capita (Current Prices, US Dollars)US$ 1,286.44
GDP (PPP), US DollarsUS$ 5.589 Billion
GDP Per Capita (PPP), US DollarsUS$ 2,925.12
GDP Share of World Total (PPP) 0.005 %
Implied PPP Conversion Rate 4.334
Investment (% of GDP) 35.621 %
Gross National Savings (% of GDP) 34.855 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 124.993 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 6.469 %
Inflation, End of Year (Indexed to Year 2000) 127.993 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 6.325 %
Import Volume of All Items Including Goods and Services (Percent Change) 4.44 %
Import Volumes of Goods Only (Percent Change) 4.44 %
Export Volume of All Items Including Goods and Services (Percent Change) 12.863 %
Export Volumes of Goods Only (Percent Change) 12.863 %
Population 1.911 Million
General government revenue (National Currency)LSL 14.915 Billions.
General government revenue (% of GDP) 60.192 %
General government total expenditure (National Currency)LSL 15.366 Billions.
General government total expenditure (% of GDP) 62.01 %
Total Government Net Lending/ Borrowing (National Currency)LSL -0.45 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -1.818 %
Fiscal Year Gross Domestic Product, Current PricesLSL 24.779 Billions.
Current Account Balance (US Dollars)US$ -0.019 Billion
Current Account Balance (% GDP) -0.766 %
Economic Indicators for Lesotho 2014

GDP (Constant Prices, National Currency) for Lesotho in year 2014 is LSL 12.669 Billion.

GDP Growth (Constant Prices, National Currency) for Lesotho in year 2014 is 4.299 %.

GDP (Current Prices, National Currency) for Lesotho in year 2014 is LSL 24.223 Billion.

GDP (Current Prices, US Dollars) for Lesotho in year 2014 is US$ 2.458 Billion.

GDP Deflator for Lesotho in year 2014 is 191.198 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Lesotho in year 2014 is LSL 6,630.43 .

GDP Per Capita (Current Prices, National Currency) for Lesotho in year 2014 is LSL 12,677.23 .

GDP Per Capita (Current Prices, US Dollars) for Lesotho in year 2014 is US$ 1,286.44 .

GDP (PPP), US Dollars for Lesotho in year 2014 is US$ 5.589 Billion.

GDP Per Capita (PPP), US Dollars for Lesotho in year 2014 is US$ 2,925.12 .

GDP Share of World Total (PPP) for Lesotho in year 2014 is 0.005 %.

Implied PPP Conversion Rate for Lesotho in year 2014 is 4.334 .

Investment (% of GDP) for Lesotho in year 2014 is 35.621 %.

Gross National Savings (% of GDP) for Lesotho in year 2014 is 34.855 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Lesotho in year 2014 is 124.993 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Lesotho in year 2014 is 6.469 %.

Inflation, End of Year (Indexed to Year 2000) for Lesotho in year 2014 is 127.993 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Lesotho in year 2014 is 6.325 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Lesotho in year 2014 is 4.44 %.

Import Volumes of Goods Only (Percent Change) for Lesotho in year 2014 is 4.44 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Lesotho in year 2014 is 12.863 %.

Export Volumes of Goods Only (Percent Change) for Lesotho in year 2014 is 12.863 %.

Population for Lesotho in year 2014 is 1.911 Million .

General government revenue (National Currency) for Lesotho in year 2014 is LSL 14.915 Billions.

General government revenue (% of GDP) for Lesotho in year 2014 is 60.192 %.

General government total expenditure (National Currency) for Lesotho in year 2014 is LSL 15.366 Billions.

General government total expenditure (% of GDP) for Lesotho in year 2014 is 62.01 %.

Total Government Net Lending/ Borrowing (National Currency) for Lesotho in year 2014 is LSL -0.45 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Lesotho in year 2014 is -1.818 %.

Fiscal Year Gross Domestic Product, Current Prices for Lesotho in year 2014 is LSL 24.779 Billions.

Current Account Balance (US Dollars) for Lesotho in year 2014 is US$ -0.019 Billion.

Current Account Balance (% GDP) for Lesotho in year 2014 is -0.766 %.

* Source: IMF
Aggregate Indicators for Lesotho
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Lesotho
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Lesotho
  Natural Resources, Agricultural Products, Land Use and Water Use for Lesotho
  Nationality, Ethnic Groups, Languages and Religions for Lesotho
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Lesotho
  Age Structure, Median Age, Gender and Urbanization for Lesotho
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Lesotho
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Lesotho
  HIV, AIDS and Other Major Infectious Disease Rates for Lesotho
  Literacy Rate, Educational Expenditure and School Life Expectancy for Lesotho
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Lesotho
  Industries and Industrial Growth Production Rate for Lesotho
  Labor Force by Occupation for Lesotho
  Poverty Line, Gini Index, Household Income and Consumption for Lesotho
  National Budget and Public Debt for Lesotho
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Lesotho
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Lesotho
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Lesotho
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Lesotho
  Foreign Exchange Reserves and Gold Reserves for Lesotho
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Lesotho
  Exchange Rate Statistics for Lesotho
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Lesotho
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Lesotho
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Lesotho
  Television and Radio Statistics (TV Stats, Radio Stats) for Lesotho
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Lesotho
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Lesotho
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Lesotho
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Lesotho
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Lesotho
* Source: CIA
Internet Indicators for Lesotho
Indicators
  Number of Internet Users for Lesotho
  Internet Penetration Rate for Lesotho
  Number of Facebook Accounts for Lesotho
  Facebook Penetration Rate for Lesotho
* Source: IWS
Economic Freedom Indicators for Lesotho
Indicators
  Economic Freedom World Rank for Lesotho
  Economic Freedom Regional Ranking for Lesotho
  Business Freedom for Lesotho
  Trade Freedom for Lesotho
  Fiscal Freedom for Lesotho
  Government Spending for Lesotho
  Monetary Freedom for Lesotho
  Investment Freedom for Lesotho
  Financial Freedom for Lesotho
  Property Rights for Lesotho
  Freedom from Corruption for Lesotho
  Labor Freedom for Lesotho
  Tariff Rate for Lesotho
  Income Tax Rate for Lesotho
  Corporate Tax Rate for Lesotho
  Tax Burden % of GDP for Lesotho
  Government Expenditure % of GDP for Lesotho
* Source: HFO
Corruption Perceptions Index Rank and Score for Lesotho
Indicator
  Corruption Perceptions Index Rank and Score for Lesotho
* Source: TIO
Lesotho Economic Indicators in other Years
  Lesotho Economic Indicators for Year 2019 (Forecast)
  Lesotho Economic Indicators for Year 2018 (Forecast)
  Lesotho Economic Indicators for Year 2017 (Forecast)
  Lesotho Economic Indicators for Year 2016 (Forecast)
  Lesotho Economic Indicators for Year 2015 (Forecast)
Lesotho Economic Indicators for Year 2014 (Current)
  Lesotho Economic Indicators for Year 2013
  Lesotho Economic Indicators for Year 2012
  Lesotho Economic Indicators for Year 2011
  Lesotho Economic Indicators for Year 2010
  Lesotho Economic Indicators for Year 2009
  Lesotho Economic Indicators for Year 2008
  Lesotho Economic Indicators for Year 2007
  Lesotho Economic Indicators for Year 2006
  Lesotho Economic Indicators for Year 2005
  Lesotho Economic Indicators for Year 2004
  Lesotho Economic Indicators for Year 2003
  Lesotho Economic Indicators for Year 2002
  Lesotho Economic Indicators for Year 2001
  Lesotho Economic Indicators for Year 2000
  Lesotho Economic Indicators for Year 1999
  Lesotho Economic Indicators for Year 1998
  Lesotho Economic Indicators for Year 1997
  Lesotho Economic Indicators for Year 1996
  Lesotho Economic Indicators for Year 1995
  Lesotho Economic Indicators for Year 1994
  Lesotho Economic Indicators for Year 1993
  Lesotho Economic Indicators for Year 1992
  Lesotho Economic Indicators for Year 1991
  Lesotho Economic Indicators for Year 1990
  Lesotho Economic Indicators for Year 1989
  Lesotho Economic Indicators for Year 1988
  Lesotho Economic Indicators for Year 1987
  Lesotho Economic Indicators for Year 1986
  Lesotho Economic Indicators for Year 1985
  Lesotho Economic Indicators for Year 1984
  Lesotho Economic Indicators for Year 1983
  Lesotho Economic Indicators for Year 1982
  Lesotho Economic Indicators for Year 1981
  Lesotho Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International