Markets Actual Q1 Q2 Q3 Q4 2020
Currency 14.38 14.48 14.64 14.79 14.95 15.27
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 1.20 1.7 1.2 -2.1 1.8 2
Unemployment Rate (%) 23.60 23 23 23 23 22.8
Inflation Rate (%) 4.60 5 4.8 4.8 5 5.2
Interest Rate (%) 6.50 6.25 6.25 6.25 6.25 6
Balance of Trade (LSL Million) -2734.93 -2343 -2444 -2100 -2247 -2093
Current Account (LSL Million) -230.87 -180 100 -170 150 -200
Current Account to GDP (%) -0.30 0.6 0.6 0.6 0.6 1.3
Government Debt to GDP (%) 40.90 48 48 48 48 46
Government Budget (% of GDP) -3.70 -2.5 -2.5 -2.5 -2.5 -2.2
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 2020
GDP Annual Growth Rate (%) 1.20 1.7 1.2 -2.1 1.8 2
GDP (USD Billion) 2.79 2.8 2.8 2.8 2.8 2.67
GDP per capita (USD) 1401.60 1470 1470 1470 1470 1500
GDP per capita PPP (USD) 2864.90 2951 2951 2951 2951 3096
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 23.60 23 23 23 23 22.8
Population (Million) 2.11 2.14 2.14 2.14 2.15 2.17
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 4.60 5 4.8 4.8 5 5.2
Food Inflation (%) 7.20 6 6.5 7 6.8 6.5
CPI Transportation (points) 110.21 114 116 116 116 122
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 6.50 6.25 6.25 6.25 6.25 6
Deposit Interest Rate (%) 4.24 4.09 4.09 4.09 4.09 4.09
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (LSL Million) -2734.93 -2343 -2444 -2100 -2247 -2093
Current Account (LSL Million) -230.87 -180 100 -170 150 -200
Current Account to GDP (%) -0.30 0.6 0.6 0.6 0.6 1.3
Exports (LSL Million) 3512.91 4150 4050 4500 4300 4400
Imports (LSL Million) 6247.84 6493 6494 6600 6600 6493
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 40.90 48 48 48 48 46
Government Budget (% of GDP) -3.70 -2.5 -2.5 -2.5 -2.5 -2.2
Military Expenditure (USD Million) 48.00 50 50 50 50 52
Taxes Actual Q1 Q2 Q3 Q4 2020
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.