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Indicators of economy in Lesotho

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12.259 USD per capita. GDP in Lesotho, on the other hand, reached USD 1.166 per capita, or 2.52 billion USD in the whole country. Lesotho is currently at number 177 among the international economies and is therefore one of the less significant. If this is calculated per inhabitant taking into account the purchasing power parity, then Lesotho is in the list of the world's richest countries in place 158.

Inflation in Lesotho was in 2021 at around 6.05%. Within the EU, the average in the same year was 2.55%. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 60.7% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.


Back to overview: Lesotho

Impact of the Covid-19 pandemic

The consequences of the Covid pandemic were not insignificant in Lesotho 2020. Overall, gross domestic product in 2020 fell from 2.45 billion US Dollar auf 2.25 billion US Dollar. With a drop of 8.2 percent, the economy in Lesotho suffered more significant losses than other countries.. The unemployment rate rose from 22.4 to 24.6 percent. The inflation rate has fallen from 5.2 percent previously to 5.0 percent by the end of 2020.

Unemployment rates in percent 1991 - 2021

Economic performance 2021

 Lesotho
Total
Lesotho
per capita
EU
Total
EU
per capita
GDP2.52 bn USD1,166.46 USD17.09 tn USD33,228.68 USD
Gross national product2.74 bn USD1,270.44 USD16.78 tn USD32,621.03 USD


Development of gross domestic product in million US Dollar 1960 - 2021



Im- and Exports 2021

 Lesotho
Total
Lesotho
per capita
EU
Total
EU
per capita
Imports2.27 bn USD1,052.87 USD8,916.24 bn USD17,337.55 USD
Exports1.07 bn USD496.72 USD9,554.34 bn USD18,578.33 USD


Development of imports and exports in millions of USD 1975 - 2021

Exports
Imports



Lesotho: AirportsThe 1 airports in LesothoMoshoeshoe I International Airport - the only public airport in Lesotho with further information on airlines and destinations
Pariah StatesList of the 11 current Pariah States11 countries, that suffer from the sanctions of the international community because of their mostly autocratic government.
Infected and deaths by the corona virus (COVID 19)Spread of the Corona virus Covid19 (SARS-CoV-2)Worldwide development of the number of cases and deaths due to the corona virus.