Labor force | 1.004 million (2023 est.) |
---|---|
Industrial production growth rate | -0.33% (2023 est.) |
Industries | food, beverages, textiles, apparel assembly, handicrafts, construction, tourism |
Population below poverty line | 49.7% (2017 est.) |
Taxes and other revenues | 31.31% (of GDP) (2022 est.) |
Fiscal year | |
Exchange rates | |
Currency | maloti (LSL) per US dollar - |
Exchange rates 2023 | 18.45 (2023 est.) |
Exchange rates 2022 | 16.356 (2022 est.) |
Exchange rates 2021 | 14.779 (2021 est.) |
Exchange rates 2020 | 16.459 (2020 est.) |
Exchange rates 2019 | 14.448 (2019 est.) |
Debt - external | |
Debt - external 2022 | $830.976 million (2022 est.) |
Reserves of foreign exchange and gold | |
Reserves of foreign exchange and gold 2019 | $774.095 million (2019 est.) |
Reserves of foreign exchange and gold 2018 | $728.528 million (2018 est.) |
Reserves of foreign exchange and gold 2017 | $657.668 million (2017 est.) |
Current account balance | |
Current account balance 2023 | -$117.501 million (2023 est.) |
Current account balance 2022 | -$264.265 million (2022 est.) |
Current account balance 2021 | -$194.1 million (2021 est.) |
Public debt | |
Public debt 2020 | 2.99% of GDP (2020 est.) |
Budget | |
Revenues | $1.13 billion (2022 est.) |
Expenditures | $947.517 million (2022 est.) |
Budget surplus (+) or deficit (-) | |
Remittances | |
Remittances 2023 | 24.12% of GDP (2023 est.) |
Remittances 2022 | 23.29% of GDP (2022 est.) |
Remittances 2021 | 19.71% of GDP (2021 est.) |
Household income | |
Lowest 10% | 1.7% (2017 est.) |
Highest 10% | 32.9% (2017 est.) |
Imports | |
Imports 2023 | $2.058 billion (2023 est.) |
Imports 2022 | $2.244 billion (2022 est.) |
Imports 2021 | $2.222 billion (2021 est.) |
Imports (partners) | South Africa 77%, China 6%, Taiwan 5%, Zimbabwe 4%, India 2% (2022) |
Comodities Imports force | refined petroleum, fabric, cotton, garments, electricity (2022) |
Exports | |
Imports 2023 | $2.058 billion (2023 est.) |
Imports 2022 | $2.244 billion (2022 est.) |
Imports 2021 | $2.222 billion (2021 est.) |
Exports (partners) | South Africa 37%, US 28%, Belgium 19%, UAE 6%, UK 3% (2022) |
Comodities Exports force | garments, diamonds, water, wool, power equipment (2022) |
Real GDP (purchasing power parity) | |
Real GDP (purchasing power parity) 2023 | $5.868 billion (2023 est.) |
Real GDP (purchasing power parity) 2022 | $5.816 billion (2022 est.) |
Real GDP (purchasing power parity) 2021 | $5.742 billion (2021 est.) |
GDP (official exchange rate) | $2.046 billion (2023 est.) |
Real GDP Per capita | |
Real GDP per capita 2023 | $2,500 (2023 est.) |
Real GDP per capita 2022 | $2,500 (2022 est.) |
Real GDP per capita 2021 | $2,500 (2021 est.) |
GDP - composition, by sector of origin | |
Agriculture | 6.3% (2023 est.) |
Industry | 29.5% (2023 est.) |
Services | 51.4% (2023 est.) |
GDP - composition, by end use | |
Household consumption | 88.7% (2022 est.) |
Government consumption | 34.2% (2022 est.) |
Investment in fixed capital | 28% (2022 est.) |
Investment in inventories | 0.3% (2022 est.) |
Exports of goods and services | 47.2% (2022 est.) |
Imports of goods and services | -98.5% (2022 est.) |
Unemployment rate | |
Unemployment rate 2023 | 16.46% (2023 est.) |
Unemployment rate 2022 | 16.67% (2022 est.) |
Unemployment rate 2021 | 18.13% (2021 est.) |
Youth unemployment rate (ages 15-24) | |
Total | 24.8% (2023 est.) |
Male | 17.5% (2023 est.) |
Female | 34.8% (2023 est.) |
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