Lesotho GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$971.91

Source: world bank Nominal/PPP
Summary:

Lesotho GDP Per Capita expanded from 1960 to 2024, increasing from $46.95 to $971.91 .The compound annual growth rate (CAGR) averaged 4.85% over the period. The economy recorded its peak level in 2011 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 46.1%, indicating the largest cyclical decline from peak levels. The country experienced 13 recession episode(s) during the observed period.

Latest GDP Per Capita of Lesotho 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 971.91 dollars$ 3,001.16 Int dollars
Growth (YoY)6.071%4.172%
Net Change vs Previous Year$ 55.62 dollars$ 120.20 Int dollars
% of World GDP Per Capita0.88%1.50%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Lesotho GDP | Lesotho GDP Growth

Lesotho Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
196046.95-----
196147.050.090.202 %---
196253.546.513.807 %---
196358.414.879.087 %---
196462.624.217.213 %---
196564.261.632.611 %---
196664.30.040.062 %---
196764.840.540.846 %---
196864.81-0.03-0.046 %---
196967.12.293.527 %---
197067.440.350.514 %---
197172.414.977.366 %---
197273.961.552.139 %---
1973106.9933.0344.668 %---
1974128.6721.6820.259 %---
1975123.23-5.44-4.224 %---
1976117.83-5.41-4.387 %---
1977149.8632.0427.189 %---
1978200.8550.9834.022 %---
1979212.3711.535.739 %---
1980306.8294.4444.472 %---
1981299.84-6.98-2.274 %---
1982233.94-65.9-21.978 %---
1983252.0218.087.728 %---
1984211-41.02-16.276 %---
1985165.37-45.62-21.623 %---
1986191.382615.723 %---
1987236.4545.0823.553 %---
1988270.3733.9214.344 %---
1989279.048.673.206 %---
1990329.5650.5318.108 %764.06--
1991382.2952.7315.999 %829.9465.888.622 %
1992443.6261.3316.044 %892.9362.997.59 %
1993439.37-4.26-0.96 %931.9839.064.374 %
1994455.5916.233.694 %995.2463.266.788 %
1995513.4157.8212.691 %1036.7941.544.174 %
1996479.67-33.74-6.572 %110366.216.386 %
1997501.9822.314.651 %1154.3851.384.658 %
1998464.68-37.3-7.43 %1179.4225.042.169 %
1999455.65-9.03-1.944 %1198.6919.271.634 %
2000442.78-12.87-2.825 %1272.9274.236.193 %
2001412.68-30.1-6.798 %1350.0177.086.055 %
2002388.92-23.75-5.756 %1385.1835.182.606 %
2003583.27194.3549.97 %1484.198.917.141 %
2004766.69183.4231.446 %1560.7576.655.165 %
2005861.3894.712.351 %1680.87120.127.697 %
2006925.4764.097.44 %1813.44132.577.887 %
2007861.19-64.28-6.946 %1932.43118.986.561 %
2008898.4837.294.331 %2064.421326.831 %
2009878.85-19.63-2.185 %2036.26-28.16-1.364 %
20101119.48240.6327.38 %2152.92116.655.729 %
20111280.73161.2614.405 %2278.5125.595.833 %
20121217.93-62.8-4.904 %2291.512.990.57 %
20131151.04-66.89-5.492 %2538.26246.7710.769 %
20141173.5422.51.955 %2771.24232.989.179 %
20151121.2-52.34-4.46 %3034.65263.49.505 %
2016992.49-128.71-11.479 %2942.18-92.47-3.047 %
20171069.3776.877.746 %2618.82-323.36-10.991 %
20181170.66101.299.472 %2632.2913.470.514 %
20191082.06-88.6-7.568 %2568.34-63.95-2.429 %
2020918.58-163.47-15.108 %2559.1-9.24-0.36 %
20211066.5914816.112 %2544.78-14.32-0.559 %
20221030.13-36.46-3.418 %2761.31216.538.509 %
2023916.28-113.84-11.051 %2880.97119.664.333 %
2024971.9155.626.071 %3001.16120.24.172 %

Lesotho Economic Phases (1960 - 2024)

From 1960 to 2024, Lesotho economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1962–1964) indicating robust economic expansion
  • Expansion (1965–1967) indicating steady moderate growth
  • Expansion (1969–1970) indicating steady moderate growth
  • High Growth (1973–1974) indicating robust economic expansion
  • Contraction (1975–1976) indicating temporary slowdown
  • High Growth (1977–1980) indicating robust economic expansion
  • Crisis (1984–1985) indicating severe economic downturn
  • High Growth (1986–1988) indicating robust economic expansion
  • High Growth (1990–1992) indicating robust economic expansion
  • Contraction (1998–2002) indicating temporary slowdown
  • High Growth (2003–2006) indicating robust economic expansion
  • High Growth (2010–2011) indicating robust economic expansion
  • Contraction (2012–2013) indicating temporary slowdown
  • High Growth (2017–2018) indicating robust economic expansion
  • High Growth (2024–2024) indicating robust economic expansion

The most remarkable growth occurred in 2003 with an increase of 49.97%, while the largest decline was in 1982 at -21.978%.