Balanced trade in services in Lesotho
Lesotho: Balanced trade in services was 0.2357 US dollars, exchange rate converted in 2024. ▼ Falling
Balanced trade in services in Lesotho, 2005–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.
Analysis
Lesotho recorded 0.2357 US dollars, exchange rate converted for balanced trade in services in 2024.
That represents a change of up 3.6% on the previous year and up 13.0% over ten years.
Over the whole period, balanced trade in services in Lesotho peaked at 0.4652 US dollars, exchange rate converted in 2017 and was at its lowest, 0.1832 US dollars, exchange rate converted, in 2020.
The long-run direction has been consistently falling across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2876 US dollars, exchange rate converted | 0.2471 US dollars, exchange rate converted | 0.3302 US dollars, exchange rate converted | 5 |
| 2010s | 0.2763 US dollars, exchange rate converted | 0.1911 US dollars, exchange rate converted | 0.4652 US dollars, exchange rate converted | 10 |
| 2020s | 0.2143 US dollars, exchange rate converted | 0.1832 US dollars, exchange rate converted | 0.2357 US dollars, exchange rate converted | 5 |
Countries ranked near Lesotho
- 10 Switzerland 68.76 US dollars, exchange rate converted compare
- 11 Hong Kong (China) 66.5 US dollars, exchange rate converted compare
- 12 Ireland 42.41 US dollars, exchange rate converted compare
- 13 Germany 42.21 US dollars, exchange rate converted compare
- 14 France 37.98 US dollars, exchange rate converted compare
- 15 Italy 30 US dollars, exchange rate converted compare
- 16 United Arab Emirates 29.35 US dollars, exchange rate converted compare
More economy & growth data for Lesotho
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.08 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.11 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 48.49 Percentage of GDP (2029)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 9.18 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 279.31 US dollar (2022)
- Environmentally related tax revenue 1.86 Percentage of GDP (2023)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 45.77 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 121.77 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 121.14 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 10.6 Percentage of GDP (2019)
Frequently asked questions
- What is balanced trade in services in Lesotho?
- Balanced trade in services in Lesotho was 0.2357 US dollars, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest balanced trade in services recorded in Lesotho?
- The highest recorded value was 0.4652 US dollars, exchange rate converted in 2017.
- What is the lowest balanced trade in services recorded in Lesotho?
- The lowest recorded value was 0.1832 US dollars, exchange rate converted in 2020.
- How does Lesotho rank for balanced trade in services?
- Lesotho ranks 13th out of 14 groups with data for 2024.
- Is balanced trade in services rising or falling in Lesotho?
- Over the last ten years it is up 13.0%. The long-run trend across the full record is falling.
- Where does this Lesotho data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Balanced trade in services (BaTIS). Statizoid updates them automatically from the source API.
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About this data
The OECD-WTO Balanced Trade in Services (BaTIS) dataset is a complete, consistent, and balanced matrix of international trade in services statistics (ITSS). It contains annual bilateral data covering 202 reporters and partners, broken down by total services and 26 EBOPS 2010 (BPM6) categories from 2005 to 2024. BaTIS is the result of joint efforts by the OECD and WTO. Two main features enable BaTIS to stand out as the international benchmark for any analysis on international trade in services: BaTIS is complete and consistent. At present, only around 65% of world trade in services is bilaterally specified, and the percentage is even lower for the individual service categories. The OECD-WTO methodology leverages all available official statistics and combines them with estimations and adjustments to provide users with a complete matrix covering virtually all economies in the world. BaTIS is balanced. To resolve the asymmetries between reported and mirror flows, exports and imports are reconciled by calculating a symmetry-index weighted average between the two, following a similar approach to that developed for international merchandise trade statistics. Batis provides three measures for each trade flow (under the ‘adjustment’ dimension): Reported. Reflects the value officially reported by the country (where available), some values are rescaled to fit world totals. Adjusted and/or imputed. Reflects, in addition to the reported values, any adjustments made to ensure internal consistency as well as the estimations made by the OECD-WTO to fill in the gaps in the reported information. Balanced. Reflects the reconciled bilateral trade flow, where exports equal mirror imports. Official information on bilateral trade flows was collected from OECD, Eurostat, national sources as well as UNSD. The WTO-UNCTAD trade in services dataset, based on a number of primary sources complemented with estimations, was the main source for data with partner world. The BaTIS dataset can be used as a stand-alone input for economic analysis and policy-making. In addition, balanced trade in services data form an essential input to the OECD Trade in Value Added (TiVA) initiative, for which a balanced view of international trade is crucial. BaTIS is intended to be regularly updated and constantly improved as new data become available. For more information on the methodology, please refer to the technical paper accompanying this dataset The OECD-WTO Balanced Trade in Services (BaTIS) For more information on balanced trade statistics, please go to the topic related OECD page Balanced trade statistics Users are encouraged to send their questions, or to signal any apparent errors, regarding this database to STAT.Contact@oecd.org https://www.oecd.org/en/about/directorates/statistics-and-data-directorate.html