1945

Executive Summary

Lesotho has experienced impressive economic growth over the past decade, with a Compound Annual Growth Rate of 3.6 per cent annually since 2007 and a real gross domestic product (GDP) per capita growth of 25 per cent in the last decade.1 This growth was largely supported by increased diamond exports. The country is exploring economic diversification in a handful of sectors, such as mining, quarrying, textiles, and apparel.

Related Subject(s): Economic and Social Development
Countries: Lesotho
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