Lesotho | Economic Forecasts | 2017-2020 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 Q4/17 Q1/18 Q2/18 Q3/18 2020
Currency 13.60 13.55 13.42 13.28 13.14 11.64 [+]
GDP Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Annual Growth Rate 3.10 3 3.75 3.7 3.65 3.4 percent [+]
GDP 2.20 2.2 2.1 2.1 2.1 2.85 USD Billion [+]
GDP per capita 1387.50 1409 1415 1421 1426 1457 USD [+]
GDP per capita PPP 2808.20 2840 2852 2864 2875 2925 USD [+]
LABOUR Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 27.42 26.2 26.27 26.35 26.42 19.5 percent [+]
Population 2.20 2.24 2.25 2.26 2.28 2.38 Million [+]
PRICES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 5.60 4.7 4.9 5 5.6 6.5 percent [+]
Food Inflation 7.50 7.99 8.39 8.7 8.88 8.85 percent [+]
CPI Transportation 99.94 101 101 102 102 105 Index Points [+]
MONEY Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Interest Rate 6.57 6.5 6.5 6.7 7.5 8.1 percent [+]
Deposit Interest Rate 1.10 1.4 1.63 1.85 2.07 3.16 percent [+]
Money Supply M1 5253.50 4974 4890 4818 4755 4268 Million LSL [+]
Money Supply M2 10692.00 10450 10260 10336 10295 9977 Million LSL [+]
TRADE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -2609.99 -2548 -2546 -2525 -2513 -2442 LSL Million [+]
Exports 3125.14 3100 3090 3086 3069 2940 LSL Million [+]
Imports 5735.13 5716 5717 5708 5694 5604 LSL Million [+]
Current Account -596.68 -575 -515 -463 -468 -390 LSL Million [+]
Current Account to GDP -9.30 -10 -9 -9 -9 -8 percent [+]
External Debt 10459.11 10116 10020 9928 9840 9135 Million LSL [+]
Terrorism Index 0.38 0.46 0.43 0.4 0.37 0.14 [+]
GOVERNMENT Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 42.08 61.2 63.32 65.45 67.57 85.3 percent [+]
Government Budget -9.50 -6.4 -5.19 -3.98 -2.77 1.04 percent of GDP [+]
Military Expenditure 44.00 41.86 41.56 41.26 40.96 39.4 USD Million [+]
BUSINESS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Internet Speed 5078.47 3577 2877 2745 2474 2257 KBps [+]
IP Addresses 8088.00 9101 9278 9473 9608 9861 IP [+]
Competitiveness Index 3.20 3.3 3.3 3.3 3.3 3.34 Points [+]
Competitiveness Rank 131.00 126 126 126 126 123 [+]
Ease of Doing Business 104.00 106 107 108 109 115 [+]
Corruption Index 39.00 39 39 39 39 38 Points [+]
Corruption Rank 83.00 93 94 95 96 82 [+]
TAXES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Personal Income Tax Rate 30.00 33 33 34 34 35 percent [+]
Corporate Tax Rate 25.00 26 26 27 27 28 percent [+]