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Laboratoire de la finance africaine

Lesotho

Preview 2018
Projected Real GDP Growth (% Change) : 2.6
GDP (current, USD Bn) : 2.70
Projected Consumer Prices (% Change) : 5.3
Country Population : 2.06 million
Economic performance and outlook

Lesotho’s economy grew at an estimated 2.6% in 2019, up from 1.2% in 2018 owing to strong mining performance and a textiles recovery in an improved global economy.

(Download detailed Analysis Source : Report African Economic Outlook 2020 ; AfDB)

 

Financial markets

In June 2019, the banking sector of Lesotho represented a total asset of $ 0.82 billion.

Credit distributed to businesses represents $0.15 billion and, more broadly, credit to private sector totaling $0.48 billion.