Unemployment Rate in Lesotho decreased to 16.10 percent in 2024 from 16.50 percent in 2023. Unemployment Rate in Lesotho averaged 16.23 percent from 1991 until 2024, reaching an all time high of 18.40 percent in 2020 and a record low of 15.50 percent in 1992. source: International Labor Organization (ILO)
Unemployment Rate in Lesotho is expected to reach 16.00 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lesotho Unemployment Rate is projected to trend around 15.90 percent in 2026 and 15.80 percent in 2027, according to our econometric models.