Source
Central bank

Central Bank of Lesotho

International Reserves

USD 0.9 billion (2015)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 1.9 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 6.4 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
4.4% 5% 5.1% 4.5% 6.9% 4.5% 5.3%
2013 2014 2015* 2016* 2017*    
3.6% 3.5% 2.8% 2.4% 3.8%    

*Estimate

GDP per capita - current prices

USD 983.6 (2017, estimate)

GDP per capita - PPP

Intl$ 3,287.4 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0.0% 0.01% 0.01% 0.01% 0.005%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 7.3% 
  • industry: 31.1% 
  • services: 61.5%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2013 2014 2015* 2016* 2017*
5.0% 4.0% 5.3% 8.6% 6.0%

*Estimate

Unemployment rate
2013 2014 2015 2016 2017
N/A N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
43.4% 49.5% 58.3% 58.8% 56.2%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-2.5% 2.1% 0.1% -9.3% -5.8%

*Estimate

Government bond ratings

Standard & Poor's: N/A

Moody's: N/A

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies

N/A

 
 
Source
Current account balance

USD -0.2 billion (2017 estimate)

Current account balance by percentage of GDP

-9.0% (2017 estimate)

Exports as percent of GDP (Exports of goods and services)

N/A

Shares in world total merchandising export

0.005% (2015)

Shares in world total commercial services export

0.0% (2014)

Total exports

USD 851.6 million (2016 estimate)

Export commodities

Manufactures (clothing, footwear), wool and mohair, food and live animals, electricity, water, diamonds

Total imports

USD 1.7 billion (2016 estimate)

 
 
Source
Import commodities

Food; building materials, vehicles, machinery, medicines, petroleum products

Exports - major partners

N/A

Imports - major partners

N/A

FDI inflows
2013 2014 2015
USD 123 million USD 162 million USD 169 million
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
N/A N/A N/A N/A
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 100 out of 190 countries (2017)

Subcategories:

Starting a business: 117 out of 190 countries

Enforcing Contracts: 94 out of 190 countries

Registering Property: 108 out of 190 countries

Getting Credit: 82 out of 190 countries

Protecting Minority Investors: 106 out of 190 countries

Trading Across Borders: 39 out of 190 countries

Paying Taxes: 91 out of 190 countries

Dealing with Construction Permits: 171 out of 190 countries

Getting Electricity: 150 out of 190 countries

Resolving Insolvency: 121 out of 190 countries

Global competitiveness ranking

120 out of 138 countries

(2016-2017)

Index of Economic Freedom

Ranking: 152 / Score: 50.62 (Mostly unfree) (2016)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC+2

Total area

30,355 sq km

Capital

Maseru

Currency

maloti (LSL)

Government type

parliamentary constitutional monarchy

Languages

Sesotho (official) (southern Sotho), English (official), Zulu, Xhosa

Religions

Christian 80%, indigenous beliefs 20%

Total population
1990 2000 2010 2014* 2019**
1.523 million 1.861 million 1.892 million 1.911 million 1.935 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
3.4% 11% 20% 26%
Population median age

23.6 years (2014 est.)

Population growth rate

0.34% (2014 est.)

Life expectancy

52.65 years  (2014 est.)

Adult literacy

89.6% (2010 estimate)

% of population living on less than $2 a day

73.4% (2010)

Inequality of wealth distribution (Gini index)

54.2 (2010)
(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 2
Civil Liberties: 3 (2014)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

Fixed  2.8%   Mobile  86.3% (2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

5.00% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

CO2 emissions(Metric tons of CO2 per capita)

0.0 (2010)

World’s Best Treasury & Cash Management Providers