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Lesotho GDP Annual Growth Rate

Lesotho's GDP annual growth rate rose to 2.76% in 2024, up from 1.83% in 2023, according to World Bank. This represents an increase of 0.93% from the previous year. Lesotho has GDP annual growth rate lower than the global median (2.76% vs median 3.24%). Compared with the median in Africa, Lesotho is lower (2.76% vs regional median 3.99%) and ranks 38th out of 52 countries in Africa.

Lesotho's real GDP rose to $2.31 billion in 2024, up from $2.25 billion in 2023.

Yearly Historical Data (1961-2024)

(in %)
Year GDP Annual Growth Rate (%)
2024 2.76%
2023 1.83%
2022 2.39%
2021 2.27%
2020 -8.16%
2019 -1.42%
2018 -1.48%
2017 -3.14%
2016 3.61%
2015 3.12%
2014 1.71%
2013 1.79%
2012 6.33%
2011 4.62%
2010 5.27%
2009 -1.25%
2008 5.52%
2007 4.19%
2006 4.23%
2005 3.47%
2004 1.69%
2003 4.56%
2002 0.72%
2001 3.56%
2000 3.88%
1999 0.48%
1998 1.54%
1997 3.7%
1996 5.6%
1995 3.29%
1994 5.98%
1993 3.51%
1992 6.96%
1991 6.97%
1990 6.05%
1989 5.8%
1988 8.6%
1987 0.73%
1986 4.68%
1985 2.61%
1984 5.53%
1983 1.99%
1982 4.46%
1981 0.69%
1980 -2.74%
1979 2.89%
1978 18.32%
1977 21.81%
1976 11.05%
1975 -13.51%
1974 10.98%
1973 26.4%
1972 -0.2%
1971 5.11%
1970 2.18%
1969 1.55%
1968 -0.37%
1967 10.91%
1966 -0.41%
1965 2.15%
1964 8.25%
1963 10.62%
1962 15.33%
1961 1.86%
Lesotho GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Lesotho's total economic output.
Indicator Last Value Prior Value Period
GDP $2.27B $2.12B 2024
GDP per Capita $990.18 $974.38 2024
GDP per Capita PPP $2,637.92 $2,595.83 2024
Real GDP $2.31B $2.25B 2024