Markets Actual Q1 Q2 Q3 Q4 2022
Currency 15.05 15.24 15.4 15.57 15.73 16.06

Overview Actual Q1 Q2 Q3 Q4 2022
GDP Annual Growth Rate (%) 12.64 2.1 3 3.2 4 4.3
Unemployment Rate (%) 23.50 24 24 24 24 23.8
Inflation Rate (%) 5.70 4.8 4.5 4.8 5.2 5.3
Interest Rate (%) 3.50 3.25 3 3 3 3
Balance of Trade (LSL Million) -2735.67 -2300 -2300 -2300 -2392 -2093
Current Account (LSL Million) 76.27 150 150 150 -200 -200
Current Account to GDP (%) -3.20 -3 -3 -3 -3 -5
Government Debt to GDP (%) 51.70 52 52 52 52 49.8
Government Budget (% of GDP) -4.60 -5 -5 -5 -5 -3
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 30.00 30 30 30 30 30

GDP Actual Q1 Q2 Q3 Q4 2022
GDP Annual Growth Rate (%) 12.64 2.1 3 3.2 4 4.3
GDP (USD Billion) 2.46 2.3 2.3 2.3 2.3 2.5
GDP per capita (USD) 1384.20 1370 1370 1370 1370 1470
GDP per capita PPP (USD) 2767.70 2450 2450 2450 2450 2700

Labour Actual Q1 Q2 Q3 Q4 2022
Unemployment Rate (%) 23.50 24 24 24 24 23.8
Population (Million) 2.13 2.15 2.15 2.15 2.17 2.19

Prices Actual Q1 Q2 Q3 Q4 2022
Inflation Rate (%) 5.70 4.8 4.5 4.8 5.2 5.3
Food Inflation (%) 13.30 10 8 7 6.5 7
Inflation Rate Mom (%) 0.30 0.4 0.5 0.3 0.5 0.7
CPI Transportation (points) 113.28 116 120 115 133 122

Money Actual Q1 Q2 Q3 Q4 2022
Interest Rate (%) 3.50 3.25 3 3 3 3
Deposit Interest Rate (%) 3.78 2.6 3.58 3.33 2.6 2.6

Trade Actual Q1 Q2 Q3 Q4 2022
Balance of Trade (LSL Million) -2735.67 -2300 -2300 -2300 -2392 -2093
Current Account (LSL Million) 76.27 150 150 150 -200 -200
Current Account to GDP (%) -3.20 -3 -3 -3 -3 -5
Exports (LSL Million) 1962.37 4300 4300 4300 4400 4400
Imports (LSL Million) 4698.04 6600 6600 6600 6600 6493

Government Actual Q1 Q2 Q3 Q4 2022
Government Debt to GDP (%) 51.70 52 52 52 52 49.8
Government Budget (% of GDP) -4.60 -5 -5 -5 -5 -3
Military Expenditure (USD Million) 48.00 50 50 50 52 52

Taxes Actual Q1 Q2 Q3 Q4 2022
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 30.00 30 30 30 30 30


This page has economic forecasts for Lesotho including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Lesotho economy.