Lesotho: Trade (% of GDP)
In , Lesotho's Trade (% of GDP) was 141.51.
That's down 0.6% from 2022, the highest value since .
The global average for this indicator in 2023 was 92.19 .
Source: World Bank Open Data (NE.TRD.GNFS.ZS) • Data as of 2023
Trend (2007–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 165.05
- Trough
- 126.29
- 1-year change
- -0.6%
- 5-year change
- -2.0%
- -0.4% / yr
- 10-year change
- +6.1%
- +0.6% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 141.5138 | |
| 142.3740 | |
| 139.1865 | |
| 141.0966 | |
| 140.5166 | |
| 144.4350 | |
| 146.3668 | |
| 136.3152 | |
| 129.7228 | |
| 126.2925 |
About Trade (% of GDP)
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Lesotho's Trade (% of GDP) in 2023?
- In 2023, Lesotho's Trade (% of GDP) was 141.51, according to World Bank Open Data.
- Is Lesotho's Trade (% of GDP) rising or falling?
- Lesotho's Trade (% of GDP) fell 0.6% from 2022 to 2023.
- How does Lesotho's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2023 was 92.19, so Lesotho is above the world average.
- What is Trade (% of GDP) and how is it measured?
- Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.TRD.GNFS.ZS), CC BY 4.0.