Imports$2.29 billion (2011 est.)
Exports$1.01 billion (2011 est.)
Inflation rate (consumer prices)5% (2011 est.)
Unemployment rate45% (2002)
GDP - per capita (PPP)$2,000 (2011 est.)
National product real growth rate3.5% (2010 est.)
Internet users76,800 (2009)
Telephones - mobile cellular698,800 (2009)
Population growth rate0.332% (2012 est.)
Population1,930,493 (July 2012 est.)
Basutoland was renamed the Kingdom of Lesotho upon independence from the UK in 1966.
The Basuto National Party ruled for the first two decades.
King MOSHOESHOE was exiled in 1990, but returned to Lesotho in 1992 and was reinstated in 1995 and subsequently succeeded by his son, King LETSIE III, in 1996....
Small, landlocked, and mountainous, Lesotho relies on remittances from miners employed in South Africa, customs duties from the Southern Africa Customs Union (SACU), and export revenue for the majority of government revenue.
However, the government has recently strengthened its tax system to reduce dependency on customs duties.
Completion of a major hydropower facility in January 1998 permitted the sale of water to South Africa and generated royalties for Lesotho....
GDP is expected to rise by 2.0% in 2016 and 2.9% in 2017 after 1.1% growth in 2015. Over the period 2016-2020 the economy is expected to grow on average by 3.5%. This compares to average annual growth ...