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Lesotho Trade (% GDP)

Lesotho's trade (% GDP) fell to 141.51% in 2023, down from 142.37% in 2022, according to World Bank. This represents a decrease of 0.86% from the previous year. Lesotho has trade (% GDP) higher than the global median (141.51% vs median 84.49%). Compared with the median in Africa, Lesotho is higher (141.51% vs regional median 62.95%) and ranks 3rd out of 48 countries in Africa.

Yearly Historical Data (1960-2023)

(in %)
Year Trade (% GDP)
2023 141.51%
2022 142.37%
2021 139.19%
2020 141.1%
2019 140.52%
2018 144.43%
2017 146.37%
2016 136.32%
2015 129.72%
2014 126.29%
2013 133.37%
2012 150.21%
2011 149.8%
2010 150.1%
2009 158.89%
2008 161.13%
2007 165.05%
1981 136.3%
1980 131.09%
1979 145.72%
1978 107.85%
1977 124.33%
1976 156.54%
1975 118.44%
1974 90.73%
1973 82.05%
1972 85.21%
1971 67.64%
1970 61.1%
1969 65.15%
1968 67.21%
1967 68.75%
1966 67.41%
1965 68.88%
1964 64.96%
1963 65.77%
1962 62.21%
1961 58.04%
1960 50.2%
Lesotho Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Lesotho divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $829.9M $899.66M 2023
Annual Imports $1.72B $1.87B 2023
Exports (% GDP) 42.92% 46.51% 2023
FDI Inflows (% GDP) -0.55% -1.21% 2024
Imports (% GDP) 98.59% 95.87% 2023
Net Trade (Goods & Services, BoP) -$1.1B -$1.19B 2024
Tariff Rate 4.19% 6.01% 2022