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26 May 2013
   
 
 
Article by: Motshabi Hoaeane

Lesotho

Capital city: Maseru
Languages: Sesotho, English (official); Zulu, Xhosa (other)
 

Economic profile
Monetary unit: Loti (1M = $0.121791)1
GDP per capita: $ 1 1522
GDP composition by sector:
Agriculture: 7.5%3
Industry: 33.1%3
Services: 59.4%3
GDP growth rate: 3.1%4
Consumer price inflation: 4.7%5
Industries: Food, beverages, textiles, apparel assembly, handicrafts, construction, tourism3
Exports of goods and nonfactor services: Diamonds nonindustrial unworked or simply sawn, cleaved or bruted (37%); mens or boys trousers and shorts of cotton not knitted (15%); women’s or girls’ trousers and shorts, of cotton, not knitted (7.5%)6
Import commodities: Food; building materials, vehicles, machinery, medicines, petroleum products3
Reserves (excluding gold, in million dollars): (figures not available)7
Foreign direct investment (in million dollars): 558
 

Budget
Government revenue, including grants (as percentage of GDP): 56.4%9
Government expenditure and net lending: 64.4%9
 

Social profile
Population (in thousands): 2 19410
Population growth: 1%10
Life expectancy at birth (in years): 48.211
Adult literacy (people over 15): 89.7%12
School enrolment primary (total gross enrolment): 103.2%13
School enrolment secondary (total gross enrolment): 46.4%13
School enrolment tertiary: (figures not available)14
Unemployment: 45%3
Number of people living with HIV/Aids: 23.6%15


1 http:// www.exchangerate.com
2 African Economic Outlook. Basic indicators (2011).
3 Central Intelligence Agency. World Factbook: Economy (2011).
4 African Economic Outlook. Real GDP growth rates (2011).
5 African Economic Outlook. Monetary indicators: inflation (2011).
7 African Economic Outlook. Monetary indicators: reserves (2011).
8 African Economic Outlook. Foreign direct investment (2010).
9 African Economic Outlook. Public finances (2011).
10 African Economic Outlook. Demographic indicators (2010)
11 African Economic Outlook. Basic health indicators (2011).
12 African Economic Outlook. Basic education indicators (2009).
13 African Economic Outlook. School enrolment (2011).
14 World Bank. School enrolment tertiary (2010 to 2011).
15 African Economic Outlook. Major diseases (2009).
 

Edited by: Creamer Media Reporter
 
 
 
 
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