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

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

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TGM StatBox. (2024). Manufacturing Sector Contribution to GDP in Lesotho (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Lesotho
Published date: 2024
Note: Manufacturing (% of GDP), according to World Development Indicators, measures the contribution of the manufacturing sector to a country's Gross Domestic Product (GDP).
Key Takeaways
Lesotho’s manufacturing sector saw significant growth, peaking at 24.6% in 2002 due to the rise of textile exports. Since then, it has fluctuated, influenced by global market demand and regional trade agreements, reaching 15.7% in 2022. Though textile exports remain vital, diversification efforts and external factors have affected stability.

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