Lesotho FlagLesotho

Peace, Rain, Prosperity

 

General


Population: 1,942,008 (2014), 1,936,181 (2013)
Land Area: 30,355 sq km
Natural Resources: Water, agricultural and grazing land, diamonds, sand, clay, building stone
Capital: Maseru
Political System: Parliamentary Constitutional Monarchy
State Leader: Motsoahae Thabane (June 8th 2012)
Languages: Sesotho, English, Zulu, Xhosa
Currency: Loti (LSL)
Major Religions: Christian 80%, Indigenous Beliefs 20%
Major Ethnicities: Sotho 99.7%, Europeans, Asians, and other 0.3%
Life Expectancy: 52.65 years (2014), 52.3 years (2013)

Economy


GDP Official Exchange Rate: 2.457 billion (2013), 2.62 billion (2012)
GDP Purchasing Power Parity: 4.265 billion (2013), 3.945 billion (2012)
GDP Per Capita (PPP): 2,200 (2013), 2,000 (2012)
GDP Growth Rate: 4.1% (2013), 4.3% (2012)
GDP Structure: Agriculture 7.4%, Industry 34.5%, Services 58.2% (2013)
Labour Force By Occupation: Agriculture 86%, Industry and Services 14% (2002)
Industries: Food, beverages, textiles, apparel assembly, handicrafts, construction, tourism
Agriculture Products: Corn, wheat, pulses, sorghum, barley; livestock
Human Development Index: 0.486 (162nd)(2014), 0.461 (158th)(2013)
Tourism Revenue: 20 million (2002)
Unemployment Rate: 25% (2008)

MilitaryLesotho Map


Army Size: 2 000 (2004)
Budget: 2.6% of GDP (2006)

Current Situation

 

Lesotho is located in Southern Africa. Lesotho is landlocked surrounded entirely by South Africa. Lesotho's economy is slowly developing, it's main natural resources are water and diamonds. Lesotho also had child-labour problems which it is in the process of eliminating.

(2014) Lesotho's economy continues to grow at a steady rate and should increase it's growth as the world economy continues to recover. Lesotho was the site of an attempted coup in 2014, however the coup was unsuccessful.

Thoughts & Comments

 

Sources

CIA World Factbook: Lesotho
Wikipedia: Lesotho
http://hdrstats.undp.org/en/countries/profiles/LSO.html

Updated on: October 15th, 2014