Markets Actual Q4 Q1 Q2 Q3 2022
Currency 14.65 14.75 14.92 15.08 15.25 15.6

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) -13.80 3.5 3.7 4 4.2 4.2
Unemployment Rate (%) 24.70 24.4 23.8 23.8 23.8 23.8
Inflation Rate (%) 5.50 5 4.8 5.2 5.4 5
Interest Rate (%) 3.50 3.5 3.75 3.75 3.75 3.75
Balance of Trade (LSL Million) -2958.20 -2392 -2200 -2200 -2200 -2093
Current Account (LSL Million) 83.62 -200 -200 -200 -200 -200
Current Account to GDP (% of GDP) -2.10 -7 -12 -12 -12 -12
Government Debt to GDP (% of GDP) 69.60 70 68 68 68 68
Government Budget (% of GDP) -2.80 -10 -12.8 -12.8 -12.8 -12.8
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 30.00 30 30 30 30 30

GDP Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) -13.80 3.5 3.7 4 4.2 4.2
GDP (USD Billion) 1.84 2 2 2.3 2.3 2.3
GDP per capita (USD) 1087.96 1370 1370 1370 1370 1470
GDP per capita PPP (USD) 2279.90 2450 2450 2450 2450 2700

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 24.70 24.4 23.8 23.8 23.8 23.8
Population (Million) 2.14 2.17 2.17 2.17 2.17 2.19

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 5.50 5 4.8 5.2 5.4 5
Food Inflation (%) 8.50 7.5 8 6.7 7 7
Inflation Rate Mom (%) 0.20 0.3 0.2 0.3 0.4 0.3
CPI Transportation (points) 119.49 120 120 120 121 121

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 3.50 3.5 3.75 3.75 3.75 3.75
Deposit Interest Rate (%) 3.53 2.6 3.53 3.78 3.78 3.78

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (LSL Million) -2958.20 -2392 -2200 -2200 -2200 -2093
Current Account (LSL Million) 83.62 -200 -200 -200 -200 -200
Current Account to GDP (% of GDP) -2.10 -7 -12 -12 -12 -12
Exports (LSL Million) 3350.16 4400 4400 4400 4400 4400
Imports (LSL Million) 6308.36 6600 6600 6600 6600 6493

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 69.60 70 68 68 68 68
Government Budget (% of GDP) -2.80 -10 -12.8 -12.8 -12.8 -12.8
Military Expenditure (USD Million) 41.60 52 52 52 52 52

Taxes Actual Q4 Q1 Q2 Q3 2022
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 30.00 30 30 30 30 30


This page has economic forecasts for Lesotho including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Lesotho economy.