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

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

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TGM StatBox. (2024). Services Sector Contribution to GDP in Lesotho (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Lesotho
Published date: 2024
Note: Services (% of GDP), according to World Development Indicators, measures the contribution of the services sector (such as retail, finance, healthcare, and tourism) to a country's GDP.
Key Takeaways
Lesotho’s services sector remained a significant GDP contributor, starting at 55.9% in 1990 and rising to 56.6% in 2022. A steady increase reflects the importance of retail, government services, and remittances from migrant workers. The sector's resilience highlights its role in a small economy dependent on external income sources and trade.

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