Lesotho Economic Outlook

  • After four years of robust growth averaging 4.3% annually, growth dropped to an estimated 3.4% in 2015, largely due to weakness in the construction and manufacturing sectors and it is expected to remain subdued in 2016 and 2017.
  • Unemployment, poverty and inequality have remained pervasive in the face of non-inclusive growth.
  • The high rate of urbanisation has outpaced the ability of the authorities to provide necessary services, and the sustainability of living conditions for much of the urban population remains a critical challenge.


Southern Africa Resource Center (SARC)

African Development Bank Group
339 Witch-Hazel Avenue
Highveld Ext. 78
Centurion, South Africa

Tel: +27 12 003 6900

Mr. Kennedy Mbekeani, Officer-in-Charge