Lesotho - Economic Forecasts - 2018-2020 Outlook

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.


MARKETS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 13.26
14.18 14.69 15.22 15.76 18.15
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate 4.60
percent
4.4 4.3 2.4 2.8 3.3
GDP 2.64
USD Billion
2.7 2.7 2.79 2.79 2.85
GDP per capita 1409.20
USD
1429 1429 1480 1480 1521
GDP per capita PPP 2851.20
USD
2877 2909 2994 2994 3077
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 27.25
percent
27.15 27.1 27.17 27.25 19.5
Population 2.23
Million
2.26 2.26 2.29 2.29 2.32
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 3.80
percent
5.6 6.2 2 1.9 6.5
Food Inflation 5.50
percent
6.23 6.05 3.42 3.33 3.23
Cpi Housing Utilities 111.45
Index Points
110 110 110 110 110
CPI Transportation 101.55
Index Points
106 109 104 103 123
Consumer Price Index Cpi 107.84
Index Points
111 112 113 113 115
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 6.22
percent
6.25 6.7 6.25 6.25 8.1
Deposit Interest Rate 1.20
percent
1.23 1.68 1.23 1.23 3.08
Money Supply M1 6179.60
Million LSL
5853 6038 5916 5984 5968
Money Supply M2 11678.00
Million LSL
12090 12252 12416 12579 14199
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -2375.50
LSL Million
-2707 -2957 -2965 -3009 -3660
Exports 3813.34
LSL Million
3655 3585 3504 3544 3561
Imports 6188.84
LSL Million
6362 6391 6469 6553 7221
Current Account -271.02
LSL Million
-377 -451 -513 -477 -461
Current Account to GDP -7.20
percent
-9 -9 -6 -6 -8
External Debt 10843.98
Million LSL
11007 11067 11126 11182 11654
Terrorism Index 0.38
0.41 0.35 0.37 0.39 0.37
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 46.30
percent
52.6 51.4 53.3 53.3 47.4
Government Budget -6.30
percent of GDP
-3.9 -2.71 -2.85 -2.99 0.08
Military Expenditure 44.50
USD Million
42.66 43.19 42.93 42.66 42.71
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Internet Speed 5078.47
KBps
6042 5934 5750 5376 5188
IP Addresses 8088.00
IP
9234 9641 9655 9605 9564
Ease of Doing Business 104.00
102 102 102 103 103
Corruption Index 42.00
Points
42 42 42 42 42
Corruption Rank 74.00
88 89 88 87 79
Competitiveness Index 3.20
Points
3.46 3.46 3.18 3.09 3.12
Competitiveness Rank 131.00
128 128 126 126 119
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Personal Income Tax Rate 30.00
percent
30 30 30 30 30
Corporate Tax Rate 25.00
percent
25 25 25 25 25
CLIMATE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Temperature 9.94
celsius
9.81 16.7 18.34 14.18 14.06