Lesotho's economy contracted by 0.58% year-on-year in the first quarter of 2025, following a 3.90% expansion in the previous quarter. This marked the country's first economic downturn since the third quarter of 2023, driven primarily by a sharp decline in public administration output (-9.52%). source: Lesotho Bureau of Statistics
GDP Annual Growth Rate in Lesotho averaged 2.88 percent from 1961 until 2025, reaching an all time high of 26.40 percent in the fourth quarter of 1973 and a record low of -18.31 percent in the second quarter of 2020. This page provides - Lesotho GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Lesotho GDP Annual Growth Rate - values, historical data and charts - was last updated on September of 2025.
GDP Annual Growth Rate in Lesotho is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lesotho GDP Annual Growth Rate is projected to trend around 1.50 percent in 2026 and 1.80 percent in 2027, according to our econometric models.