Economy Of Lesotho, Lesotho Economy, Lesotho Economy

By: EconomyWatch   Date: 29 June 2010

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Lesotho is a lower income country comes under the sub Saharan American region, according to the classification made by the World Bank on the basis of income and region for the year 2006.

The country has a total surface area of 30,350.0 square kilometers as in 2004, with a forest area of 70.0 square kilometers in 2000.

Social Indicators:

Lesotho's demographic and social indicators are as follows:

Social Indicators 2000 2003 2004 Population, total 1.8 million 1.8 million 1.8 million Population growth (annual %) 0.7 0.0 -0.1 Life expectancy at birth, total (years) 41.2 36.0 35.6 Fertility rate, total (births per woman) 3.8 3.6 3.5 Mortality rate, infant (per 1,000 live births) 75.5 .. 80.0 Mortality rate, under-5 (per 1,000) 105.1 .. 112.2

Economic Indicators:

Agriculture, livestock and manufacturing are regarded as the important areas of concerns for the country's economy. The important economic indicators are as follows:

Econmic Indicator 2000 2003 2004 GNI, Atlas method (current US$) 1.1 billion 1.1 billion 1.3 billion GNI per capita, Atlas method (current US$) 630.0 590.0 730.0 GDP (current US$) 859.3 million 1.1 billion 1.3 billion GDP growth (annual %) 1.3 3.3 2.3 Inflation, GDP deflator (annual %) 5.8 7.0 1.7

 

 

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