Total factor productivity in Lesotho
Lesotho: Total factor productivity was 0.9983 in 2023. ▲ Rising
Latest (2023)
0.9983
Change on year
up 0.7%
World rank
50th
of 120 countries
All-time high
1.25
in 2012
All-time low
0.649
in 1986
Years of data
54
1970–2023
Total factor productivity in Lesotho, 1970–2023
Source: Our World in Data.
Analysis
In 2023, total factor productivity in Lesotho stood at 0.9983.
That represents a change of up 0.7% on the previous year and down 18.8% over ten years.
Over the whole period, total factor productivity in Lesotho peaked at 1.25 in 2012 and was at its lowest, 0.649, in 1986.
Lesotho ranks 50th of 120 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Total factor productivity in Lesotho, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.8678 | — |
| 1971 | 0.7603 | -12.4% |
| 1972 | 0.8691 | +14.3% |
| 1973 | 1.04 | +19.5% |
| 1974 | 1.06 | +2.3% |
| 1975 | 0.931 | -12.4% |
| 1976 | 0.9991 | +7.3% |
| 1977 | 1.06 | +5.9% |
| 1978 | 1.16 | +10.1% |
| 1979 | 0.9407 | -19.2% |
| 1980 | 0.8468 | -10.0% |
| 1981 | 0.7964 | -6.0% |
| 1982 | 0.7699 | -3.3% |
| 1983 | 0.6737 | -12.5% |
| 1984 | 0.651 | -3.4% |
| 1985 | 0.6646 | +2.1% |
| 1986 | 0.649 | -2.4% |
| 1987 | 0.6808 | +4.9% |
| 1988 | 0.7425 | +9.1% |
| 1989 | 0.7908 | +6.5% |
| 1990 | 0.8355 | +5.6% |
| 1991 | 0.8576 | +2.7% |
| 1992 | 0.8836 | +3.0% |
| 1993 | 0.9102 | +3.0% |
| 1994 | 0.932 | +2.4% |
| 1995 | 0.962 | +3.2% |
| 1996 | 1.04 | +8.4% |
| 1997 | 1.06 | +1.9% |
| 1998 | 0.959 | -9.8% |
| 1999 | 0.9466 | -1.3% |
| 2000 | 0.9594 | +1.4% |
| 2001 | 0.9682 | +0.9% |
| 2002 | 0.9431 | -2.6% |
| 2003 | 0.9552 | +1.3% |
| 2004 | 0.9502 | -0.5% |
| 2005 | 0.9489 | -0.1% |
| 2006 | 0.982 | +3.5% |
| 2007 | 1.12 | +13.6% |
| 2008 | 1.16 | +4.1% |
| 2009 | 1.14 | -1.6% |
| 2010 | 1.2 | +4.7% |
| 2011 | 1.22 | +1.7% |
| 2012 | 1.25 | +3.0% |
| 2013 | 1.23 | -1.9% |
| 2014 | 1.2 | -2.1% |
| 2015 | 1.19 | -1.4% |
| 2016 | 1.12 | -5.9% |
| 2017 | 1.12 | +0.4% |
| 2018 | 1.07 | -4.3% |
| 2019 | 1.06 | -1.5% |
| 2020 | 0.9901 | -6.4% |
| 2021 | 1 | +1.0% |
| 2022 | 0.9917 | -0.8% |
| 2023 | 0.9983 | +0.7% |
Lesotho compared with similar countries
- Lesotho's 0.9983 is above the median for lower middle income countries, which is 0.9979, 1.0× the median. (26 countries reporting)
- Lesotho's 0.9983 is above the median for Sub-Saharan Africa, which is 0.983, 1.0× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.9692 | 0.7603 | 1.16 | 10 |
| 1980s | 0.7265 | 0.649 | 0.8468 | 10 |
| 1990s | 0.9393 | 0.8355 | 1.06 | 10 |
| 2000s | 1.01 | 0.9431 | 1.16 | 10 |
| 2010s | 1.17 | 1.06 | 1.25 | 10 |
| 2020s | 0.995 | 0.9901 | 1 | 4 |
Countries ranked near Lesotho
More economy & growth data for Lesotho
- Real gdp growth, annual growth rate -71.73 % change on previous year (2025)
- SDRs holdings, US dollar, annual growth rate 57.96 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0799 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 87.06 units per person (2025)
- SDRs holdings, SDR, annual growth rate 50.42 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0584 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 63.57 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.96 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0303 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 33.01 units per person (2025)
Frequently asked questions
- What is total factor productivity in Lesotho?
- Total factor productivity in Lesotho was 0.9983 in 2023, according to Our World in Data.
- What is the highest total factor productivity recorded in Lesotho?
- The highest recorded value was 1.25 in 2012.
- What is the lowest total factor productivity recorded in Lesotho?
- The lowest recorded value was 0.649 in 1986.
- How does Lesotho rank for total factor productivity?
- Lesotho ranks 50th out of 120 countries with data for 2023.
- Is total factor productivity rising or falling in Lesotho?
- Over the last ten years it is down 18.8%. The long-run trend across the full record is rising.
- Where does this Lesotho data come from?
- The figures come from Our World in Data, published as part of Total factor productivity. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (Our World in Data).