Lesotho - Economic Forecasts - 2018-2020 Outlook

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.


MARKETS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 11.68
12.81 13.28 13.77 14.27 16.47
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate 3.10
percent
3.8 3.8 3.8 3.8 3.6
GDP 2.20
USD Billion
2.17 2.15 2.12 2.4 2.85
GDP per capita 1387.50
USD
1394 1399 1404 1409 1457
GDP per capita PPP 2808.20
USD
2821 2828 2834 2840 2940
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 27.42
percent
26.27 26.25 26.22 26.2 19.5
Population 2.20
Million
2.18 2.2 2.22 2.24 2.38
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 5.50
percent
4.9 5 5.6 6.2 6.5
Food Inflation 7.50
percent
8.39 8.7 8.88 8.97 8.86
CPI Transportation 99.94
Index Points
101 102 102 103 106
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 6.27
percent
6.5 6.7 6.75 6.7 8.1
Deposit Interest Rate 1.10
percent
2.3 2 1.7 1.4 3.29
Money Supply M1 6179.60
Million LSL
5905 5907 5812 5732 4980
Money Supply M2 11678.00
Million LSL
11865 11988 11971 11999 11583
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -2375.50
LSL Million
-2615 -2641 -2443 -2411 -2390
Exports 3813.34
LSL Million
3342 3409 3505 3462 3281
Imports 6188.84
LSL Million
6022 6064 6024 6004 5893
Current Account -271.02
LSL Million
-534 -480 -373 -384 -331
Current Account to GDP -9.30
percent
-9 -9 -9 -9 -8
External Debt 10843.98
Million LSL
10574 10523 10428 10352 9519
Terrorism Index 0.38
0.46 0.41 0.35 0.29 0.32
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 42.08
percent
54.25 52.6 50.95 49.3 58.4
Government Budget -9.50
percent of GDP
-0.61 -2.54 -4.47 -6.4 3.01
Military Expenditure 44.00
USD Million
41.72 41.77 41.81 41.86 38.64
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Internet Speed 5078.47
KBps
2877 2745 2474 2406 2267
IP Addresses 8088.00
IP
9278 9473 9608 9685 9867
Competitiveness Index 3.20
Points
3.3 3.3 3.3 3.3 3.55
Competitiveness Rank 131.00
126 126 126 126 117
Ease of Doing Business 104.00
106 107 107 108 115
Corruption Index 39.00
Points
42 41 40 39 38
Corruption Rank 83.00
79 83 88 93 68
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Personal Income Tax Rate 30.00
percent
30 30 30 30 33
Corporate Tax Rate 25.00
percent
26 26 26 26 27
CLIMATE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Temperature 9.94
celsius
18.3 10.19 9.81 16.7 14.06