Lesotho: Inflation, GDP deflator (annual %)
In , Lesotho's Inflation, GDP deflator (annual %) was 3.60.
That's up 1,077.3% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Lesotho ranks #104 globally out of 193 reporting countries. Within Sub-Saharan Africa, it ranks #30 of 46.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 16.72
- Trough
- -6.68
- 1-year change
- +1,077.3%
- 5-year change
- +0.6%
- +0.1% / yr
- 10-year change
- -74.4%
- -12.7% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 3.5975 | |
| -0.3681 | |
| 5.5301 | |
| 3.1238 | |
| 6.5482 | |
| 3.5755 | |
| 11.7231 | |
| 2.0189 | |
| -0.2925 | |
| 10.2030 |
About Inflation, GDP deflator (annual %)
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Indicator code: NY.GDP.DEFL.KD.ZG • Category: Economy
Frequently asked questions
- What was Lesotho's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Lesotho's Inflation, GDP deflator (annual %) was 3.60, according to World Bank Open Data.
- Is Lesotho's Inflation, GDP deflator (annual %) rising or falling?
- Lesotho's Inflation, GDP deflator (annual %) rose 1,077.3% from 2023 to 2024.
- How does Lesotho rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Lesotho ranked #104 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Lesotho's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Lesotho is below the world average. Within Sub-Saharan Africa, it ranks #30 of 46.
- What is Inflation, GDP deflator (annual %) and how is it measured?
- Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG), CC BY 4.0.