The economy of Lesotho expanded by 2.10 percent quarter-on-quarter in the third quarter of 2022, following a 0.33 percent growth in the previous quarter.
GDP Growth Rate in Lesotho averaged 0.52 percent from 2007 until 2022, reaching an all time high of 18.54 percent in the third quarter of 2020 and a record low of -19.71 percent in the second quarter of 2020. This page includes a chart with historical data for Lesotho Gdp Growth Rate. Lesotho Gdp Growth Rate - values, historical data and charts - was last updated on March of 2023.
GDP Growth Rate in Lesotho is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lesotho Gdp Growth Rate is projected to trend around 1.00 percent in 2023 and 0.60 percent in 2024, according to our econometric models.