Gross Domestic Product — Value Standard Local Currency, annual growth in Lesotho

Lesotho: Gross Domestic Product — Value Standard Local Currency, annual growth was 6.54 % change on previous year in 2024. ◆ Volatile

Latest (2024)
6.54 % change on previous year
Change on year
up 350.8%
World rank
116th
of 218 countries
All-time high
37.89 % change on previous year
in 1978
All-time low
-3.84 % change on previous year
in 1971
Years of data
54
1971–2024

Gross Domestic Product — Value Standard Local Currency, annual growth in Lesotho, 1971–2024

010203040197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross domestic product — value standard local currency, annual growth in Lesotho is 6.54 % change on previous year, measured in 2024.

That represents a change of up 350.8% on the previous year and down 59.1% over ten years.

Over the whole period, gross domestic product — value standard local currency, annual growth in Lesotho peaked at 37.89 % change on previous year in 1978 and was at its lowest, -3.84 % change on previous year, in 1971.

That places Lesotho 116th out of 218 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Domestic Product — Value Standard Local Currency, annual growth in Lesotho, year by year

Annual values for Gross Domestic Product — Value Standard Local Currency, annual growth rate in Lesotho, 1971 to 2024.
Year % change on previous year Change
1971 -3.84 % change on previous year
1972 27.33 % change on previous year -810.9%
1973 36.65 % change on previous year +34.1%
1974 11.6 % change on previous year -68.3%
1975 13.28 % change on previous year +14.5%
1976 16.09 % change on previous year +21.2%
1977 30.92 % change on previous year +92.1%
1978 37.89 % change on previous year +22.6%
1979 5.39 % change on previous year -85.8%
1980 21.69 % change on previous year +302.3%
1981 14.43 % change on previous year -33.5%
1982 13.55 % change on previous year -6.1%
1983 4.75 % change on previous year -65.0%
1984 16.62 % change on previous year +250.1%
1985 20.99 % change on previous year +26.3%
1986 14.53 % change on previous year -30.7%
1987 19.33 % change on previous year +33.0%
1988 28.24 % change on previous year +46.1%
1989 21.71 % change on previous year -23.1%
1990 15.11 % change on previous year -30.4%
1991 18.83 % change on previous year +24.6%
1992 23.88 % change on previous year +26.8%
1993 13.88 % change on previous year -41.9%
1994 11.18 % change on previous year -19.4%
1995 14.3 % change on previous year +27.9%
1996 18.74 % change on previous year +31.0%
1997 16.63 % change on previous year -11.3%
1998 5.22 % change on previous year -68.6%
1999 10.53 % change on previous year +101.6%
2000 9.3 % change on previous year -11.7%
2001 13.62 % change on previous year +46.5%
2002 13.83 % change on previous year +1.5%
2003 5.91 % change on previous year -57.3%
2004 8.75 % change on previous year +48.1%
2005 9.14 % change on previous year +4.6%
2006 11.19 % change on previous year +22.4%
2007 14.91 % change on previous year +33.3%
2008 23.17 % change on previous year +55.4%
2009 1.06 % change on previous year -95.4%
2010 10.89 % change on previous year +925.4%
2011 14.48 % change on previous year +33.0%
2012 8.65 % change on previous year -40.2%
2013 12.26 % change on previous year +41.6%
2014 15.99 % change on previous year +30.4%
2015 13.65 % change on previous year -14.6%
2016 3.31 % change on previous year -75.8%
2017 -1.18 % change on previous year -135.8%
2018 10.07 % change on previous year -951.4%
2019 2.11 % change on previous year -79.1%
2020 -2.14 % change on previous year -201.7%
2021 5.46 % change on previous year -355.0%
2022 8.05 % change on previous year +47.4%
2023 1.45 % change on previous year -82.0%
2024 6.54 % change on previous year +350.8%

Biggest year-on-year movements

Years where Gross Domestic Product — Value Standard Local Currency, annual growth in Lesotho changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2018 +951.4% -1.18 % change on previous year 10.07 % change on previous year
2010 +925.4% 1.06 % change on previous year 10.89 % change on previous year
1972 +810.9% -3.84 % change on previous year 27.33 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 19.48 % change on previous year -3.84 % change on previous year 37.89 % change on previous year 9
1980s 17.58 % change on previous year 4.75 % change on previous year 28.24 % change on previous year 10
1990s 14.83 % change on previous year 5.22 % change on previous year 23.88 % change on previous year 10
2000s 11.09 % change on previous year 1.06 % change on previous year 23.17 % change on previous year 10
2010s 9.02 % change on previous year -1.18 % change on previous year 15.99 % change on previous year 10
2020s 3.87 % change on previous year -2.14 % change on previous year 8.05 % change on previous year 5

Countries ranked near Lesotho

  1. 113 Poland 6.62 % change on previous year compare
  2. 114 Barbados 6.61 % change on previous year compare
  3. 115 Sint Maarten (Dutch part) 6.6 % change on previous year compare
  4. 117 Turks and Caicos Islands 6.51 % change on previous year compare
  5. 118 China, Hong Kong SAR 6.48 % change on previous year compare
  6. 119 Mexico 6.46 % change on previous year compare

See the full ranking of 218 places →

More economy & growth data for Lesotho

All data for Lesotho →

Frequently asked questions

What is gross domestic product — value standard local currency, annual growth in Lesotho?
Gross domestic product — value standard local currency, annual growth in Lesotho was 6.54 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross domestic product — value standard local currency, annual growth recorded in Lesotho?
The highest recorded value was 37.89 % change on previous year in 1978.
What is the lowest gross domestic product — value standard local currency, annual growth recorded in Lesotho?
The lowest recorded value was -3.84 % change on previous year in 1971.
How does Lesotho rank for gross domestic product — value standard local currency, annual growth?
Lesotho ranks 116th out of 218 countries with data for 2024.
Is gross domestic product — value standard local currency, annual growth rising or falling in Lesotho?
Over the last ten years it is down 59.1%. The long-run trend across the full record is volatile.
Where does this Lesotho data come from?
The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value Standard Local Currency, annual growth in Lesotho. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-standard-local-currency-annual-growth-rate/lesotho/

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How this figure is calculated

The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross Domestic Product — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
218 places, 10,731 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.