Foreign Trade In Services (As % of GDP) fell to 14.6% in Lesotho in 2017

Foreign Trade In Services (As % of GDP) (%)
Economy | Lesotho | May 17, 2019
$2.99
Excel Sheet

Foreign trade in services as a share of GDP reached 14.6 % in 2017 in Lesotho, according to the National Statistical Office. This is 6.98 % less than in the previous year.

Historically, foreign trade in services as a share of GDP in Lesotho reached an all time high of 99.2 % in 1987 and an all time low of 13.7 % in 2014. When compared to Lesotho's main peers, foreign trade in services as a share of GDP in Botswana amounted to 11.1 %, 9.15 % in South Africa, 10.8 % in Swaziland and 6.86 % in Zimbabwe in 2017.

Lesotho has been ranked 94th within the group of 156 countries we follow in terms of foreign trade in services as a share of GDP, 49 places behind the position seen 10 years ago.

Trade in services is the sum of service exports and imports divided by the value of GDP, all in current US dollars.

Foreign Trade In Services (As % of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Botswana % 12.8% 13.9% 13.3% 12.3% 13.1%
Lesotho % 19.1% 18.4% 15.9% 13.7% 14.5%
Mozambique % 19.9% 36.4% 28.4% 25.8% 25.4%
Namibia % 12.0% 11.7% 10.4% 14.7% 13.4%
South Africa % 9.18% 9.22% 9.51% 9.66% 9.63%
Swaziland % 5.64% 6.54% 5.63% 8.68% 6.80%
Zambia % 7.50% 9.11% 9.18% 9.19% 10.8%
Zimbabwe % 15.3% 12.4% 11.8% 11.9% 9.57%