Gross Domestic Product — Value Standard Local Currency, 2015 prices in Lesotho
Lesotho: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 29,530 million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Lesotho, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Lesotho stood at 29,530 million SLC.
Compared with earlier readings it is up 2.8% on the previous year and up 1.1% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Lesotho peaked at 31,194 million SLC in 2016 and was at its lowest, 3,717 million SLC, in 1971.
That places Lesotho 146th out of 194 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Lesotho, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 4,100 million SLC | — |
| 1971 | 3,717 million SLC | -9.3% |
| 1972 | 4,428 million SLC | +19.1% |
| 1973 | 5,584 million SLC | +26.1% |
| 1974 | 5,919 million SLC | +6.0% |
| 1975 | 5,435 million SLC | -8.2% |
| 1976 | 6,333 million SLC | +16.5% |
| 1977 | 7,450 million SLC | +17.6% |
| 1978 | 8,918 million SLC | +19.7% |
| 1979 | 7,950 million SLC | -10.9% |
| 1980 | 7,732 million SLC | -2.7% |
| 1981 | 7,807 million SLC | +1.0% |
| 1982 | 8,087 million SLC | +3.6% |
| 1983 | 7,392 million SLC | -8.6% |
| 1984 | 7,586 million SLC | +2.6% |
| 1985 | 8,297 million SLC | +9.4% |
| 1986 | 8,462 million SLC | +2.0% |
| 1987 | 8,893 million SLC | +5.1% |
| 1988 | 9,835 million SLC | +10.6% |
| 1989 | 10,631 million SLC | +8.1% |
| 1990 | 11,316 million SLC | +6.4% |
| 1991 | 11,781 million SLC | +4.1% |
| 1992 | 12,307 million SLC | +4.5% |
| 1993 | 12,752 million SLC | +3.6% |
| 1994 | 13,168 million SLC | +3.3% |
| 1995 | 13,773 million SLC | +4.6% |
| 1996 | 15,124 million SLC | +9.8% |
| 1997 | 16,357 million SLC | +8.1% |
| 1998 | 15,560 million SLC | -4.9% |
| 1999 | 16,023 million SLC | +3.0% |
| 2000 | 16,846 million SLC | +5.1% |
| 2001 | 17,558 million SLC | +4.2% |
| 2002 | 17,652 million SLC | +0.5% |
| 2003 | 18,480 million SLC | +4.7% |
| 2004 | 18,904 million SLC | +2.3% |
| 2005 | 19,415 million SLC | +2.7% |
| 2006 | 20,251 million SLC | +4.3% |
| 2007 | 23,109 million SLC | +14.1% |
| 2008 | 24,385 million SLC | +5.5% |
| 2009 | 24,080 million SLC | -1.3% |
| 2010 | 25,349 million SLC | +5.3% |
| 2011 | 26,519 million SLC | +4.6% |
| 2012 | 28,199 million SLC | +6.3% |
| 2013 | 28,704 million SLC | +1.8% |
| 2014 | 29,195 million SLC | +1.7% |
| 2015 | 30,107 million SLC | +3.1% |
| 2016 | 31,194 million SLC | +3.6% |
| 2017 | 30,215 million SLC | -3.1% |
| 2018 | 29,767 million SLC | -1.5% |
| 2019 | 29,345 million SLC | -1.4% |
| 2020 | 26,952 million SLC | -8.2% |
| 2021 | 27,563 million SLC | +2.3% |
| 2022 | 28,221 million SLC | +2.4% |
| 2023 | 28,736 million SLC | +1.8% |
| 2024 | 29,530 million SLC | +2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5,983 million SLC | 3,717 million SLC | 8,918 million SLC | 10 |
| 1980s | 8,472 million SLC | 7,392 million SLC | 10,631 million SLC | 10 |
| 1990s | 13,816 million SLC | 11,316 million SLC | 16,357 million SLC | 10 |
| 2000s | 20,068 million SLC | 16,846 million SLC | 24,385 million SLC | 10 |
| 2010s | 28,859 million SLC | 25,349 million SLC | 31,194 million SLC | 10 |
| 2020s | 28,200 million SLC | 26,952 million SLC | 29,530 million SLC | 5 |
Countries ranked near Lesotho
More economy & growth data for Lesotho
- Manufacturing, value added (constant LCU), per capita 1,061 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual -3.64 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2516 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 273.96 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual -5.96 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 4.5 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 4,901 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 0.4399 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2655 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 289.13 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Lesotho?
- Gross domestic product — value standard local currency, 2015 prices in Lesotho was 29,530 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Lesotho?
- The highest recorded value was 31,194 million SLC in 2016.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Lesotho?
- The lowest recorded value was 3,717 million SLC in 1971.
- How does Lesotho rank for gross domestic product — value standard local currency, 2015 prices?
- Lesotho ranks 146th out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Lesotho?
- Over the last ten years it is up 1.1%. The long-run trend across the full record is volatile.
- Where does this Lesotho data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).