The Gross Domestic Product (GDP) in Lesotho expanded 1.20 percent in the second quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Lesotho averaged 4.08 percent from 1961 until 2019, reaching an all time high of 26.40 percent in the fourth quarter of 1973 and a record low of -13.51 percent in the fourth quarter of 1975. source: Lesotho Bureau of Statistics
GDP Annual Growth Rate in Lesotho is expected to be 2.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Lesotho to stand at -2.10 in 12 months time. In the long-term, the Lesotho GDP Annual Growth Rate is projected to trend around 2.00 percent in 2020, according to our econometric models.