Lesotho recorded a Current Account deficit of 5.30 percent of the country's Gross Domestic Product in 2023. Current Account to GDP in Lesotho averaged -4.19 percent of GDP from 1975 until 2024, reaching an all time high of 14.65 percent of GDP in 1994 and a record low of -39.67 percent of GDP in 1995. source: Central Bank of Lesotho

Current Account to GDP in Lesotho is expected to reach -4.80 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lesotho Current Account to GDP is projected to trend around -6.30 percent of GDP in 2026 and -7.50 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade -3910.48 -3641.65 LSL Million Mar 2025
Current Account 69.68 296.91 LSL Million Mar 2025
Current Account to GDP -0.40 -5.30 percent of GDP Dec 2024
Exports 3240.93 4161.20 LSL Million Mar 2025
External Debt 18546.37 18700.34 LSL Million Mar 2025
Imports 7151.41 7802.85 LSL Million Mar 2025



Lesotho Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
-0.40 -5.30 14.65 -39.67 1975 - 2024 percent of GDP Yearly