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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 14.20
14.55 14.74 14.92 15.11 15.87
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate 4.60
percent
4.4 4.3 2.4 2.8 3.3
GDP 2.64
USD Billion
2.7 2.7 2.79 2.79 2.85
GDP per capita 1409.20
USD
1429 1429 1480 1480 1521
GDP per capita PPP 2851.20
USD
2877 2909 2994 2994 3077
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 27.25
percent
27.15 27.1 27.17 27.25 19.5
Population 2.23
Million
2.26 2.26 2.29 2.29 2.32
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 2.90
percent
3.3 3.5 3.3 3.1 6.5
Food Inflation 4.30
percent
6.23 6.5 6.1 5.9 3.62
Cpi Housing Utilities 114.42
Index Points
115 115 115 115 115
CPI Transportation 104.78
Index Points
103 106 105 108 116
Consumer Price Index Cpi 107.87
Index Points
108 109 109 109 110
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 6.88
percent
6.2 6.1 7.5 7.5 8.1
Deposit Interest Rate 1.20
percent
0.52 0.42 1.82 1.82 2.42
Money Supply M1 6457.10
Million LSL
5970 6126 6027 6080 6070
Money Supply M2 12553.70
Million LSL
12596 12773 12959 13138 14929
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -2329.05
LSL Million
-2794 -2898 -2965 -2932 -2923
Exports 3959.66
LSL Million
3651 3578 3497 3539 3555
Imports 6288.71
LSL Million
6445 6461 6462 6471 6478
Current Account 109.25
LSL Million
-442 -533 -562 -509 -518
Current Account to GDP -7.20
percent
-9 -9 -6 -6 -8
External Debt 9897.15
Million LSL
10340 10348 10356 10358 10380
Terrorism Index 0.38
0.41 0.35 0.37 0.39 0.37
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 46.30
percent
52.6 51.4 53.3 53.3 47.4
Government Budget -6.30
percent of GDP
-3.9 -2.71 -2.85 -2.99 0.08
Military Expenditure 44.50
USD Million
42.66 43.19 42.93 42.66 42.71
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Internet Speed 5078.47
KBps
6042 5934 5750 5376 5188
IP Addresses 8088.00
IP
9234 9641 9655 9605 9564
Ease of Doing Business 104.00
102 102 102 103 103
Corruption Index 42.00
Points
42 42 42 42 42
Corruption Rank 74.00
88 89 88 87 79
Competitiveness Index 3.20
Points
3.46 3.46 3.18 3.09 3.12
Competitiveness Rank 131.00
128 128 126 126 119
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Personal Income Tax Rate 30.00
percent
30 30 30 30 30
Corporate Tax Rate 25.00
percent
25 25 25 25 25
CLIMATE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Temperature 9.94
celsius
9.81 16.7 18.34 14.18 14.06