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Industry Sector Contribution to GDP in Lesotho (1990-2022)

Industry Sector Contribution to GDP in Lesotho (1990-2022)

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TGM StatBox. (2024). Industry Sector Contribution to GDP in Lesotho (1990-2022). TGM StatBox.
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Key Takeaways

Lesotho’s industry sector contribution rose from 21.4% in 1990 to a peak of 40.6% in 2008, driven by textile exports and mining activities. Economic downturns and shifts in global textile demand led to a gradual decline, reaching 30.7% in 2022. Lesotho’s heavy reliance on textile manufacturing and mining highlights the sector's sensitivity to external market demands and trade agreements, influencing the country’s efforts to stabilize and grow industrial contribution.

Explore related charts to gain a better understanding of Lesotho’s goods export value, Lesotho’s military spending, Lesotho’s agriculture share in GDP.

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