Economy of Lesotho

Imports
Imports commoditiesfood; building materials, vehicles, machinery, medicines, petroleum products
Exports
Exports commoditiesmanufactures (clothing, footwear), wool and mohair, food and live animals, electricity, water, diamonds
Economy sectors
Agriculture productscorn, wheat, pulses, sorghum, barley; livestock
Industrial productsfood, beverages, textiles, apparel assembly, handicrafts, construction, tourism
Economy
Inflation6.10 % (2012)5.00 % (2011)
Unemployment26.5 % (2012)24.5 % (2011)24.0 % (2010)
Unemployment of Lesotho
GDP - Official Exchange Rate2.46 Billion $ (2013)2.43 Billion $ (2012)2.49 Billion $ (2011)
GDP - Official Exchange Rate of Lesotho
GDP growth rate4.10 % (2013)4.50 % (2012)4.90 % (2011)
GDP growth rate of Lesotho
GDP per Capita (PPP)2,200 $ (2013)2,100 $ (2012)1,900 $ (2011)
GDP per Capita (PPP) of Lesotho
GDP - Purchasing Power Parity4.27 Billion $ (2013)4.04 Billion $ (2012)3.78 Billion $ (2011)
GDP - Purchasing Power Parity of Lesotho
GDP PPP per land area141 Thousand $ per square kilometer (2013)133 Thousand $ per square kilometer (2012)125 Thousand $ per square kilometer (2011)
GDP PPP per land area of Lesotho
ElectricityBanking
Central bank discount rate9.36 % (2012)10.0 % (2010)10.7 % (2009)
Central bank discount rate of Lesotho
Commercial bank prime lending rate10.0 % (2013)10.1 % (2012)10.4 % (2011)
Commercial bank prime lending rate of Lesotho
GDP decomposition by sector
Agriculture % of GDP7.40 % (2013)7.40 % (2012)
Industry % of GDP34.5 % (2013)34.6 % (2012)
Services % of GDP58.2 % (2013)58.0 % (2012)
Tourism
International tourism, number of arrivals422 Thousand (2012)397 Thousand (2011)414 Thousand (2010)
International tourism, number of arrivals of Lesotho
Yearly Tourist arrivals to residents ratio20.6 % (2012)20.6 % (2011)20.6 % (2010)
Yearly Tourist arrivals to residents ratio of Lesotho
Debt, Current Account Balance and Budget Deficit
Current Account Balance (Percentage of GDP)-25.23 % of GDP (2012)-18.51 % of GDP (2011)-18.61 % of GDP (2010)
Current Account Balance (Percentage of GDP) of Lesotho
External Debt Stocks (Percentage of GNI)31.3 % of GNI (2012)27.8 % of GNI (2011)29.6 % of GNI (2010)
External Debt Stocks (Percentage of GNI) of Lesotho
Short-term debt (percentage of total external debt)0.00 % of total external debt (2009)1.20 % of total external debt (2005)0.91 % of total external debt (2004)
Short-term debt (percentage of total external debt) of Lesotho
Current Account Balance (Total)-518.40 Million $ (2013)-587.40 Million $ (2012)-521.50 Million $ (2011)
Current Account Balance (Total) of Lesotho
External Debt (Total)794 Million $ (2013)780 Million $ (2012)730 Million $ (2011)
External Debt (Total) of Lesotho
External Debt (Percentage of GDP)32.3 % of GDP (2013)32.1 % of GDP (2012)29.3 % of GDP (2011)
External Debt (Percentage of GDP) of Lesotho
External Debt per Capita383 $ (2013)380 $ (2012)379 $ (2011)
External Debt per Capita of Lesotho