Lesotho's adjusted net national income (annual % growth) was -0.87% in 2021, the latest year in the World Bank's World Development Indicators. That is up 0.81 percentage points from -1.68% in 2011.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -0.87% | 2021 |
| Five years earlier | -0.95% | 2016 |
| Ten years earlier | -1.68% | 2011 |
| Highest | 17.74% | 1981 |
| Lowest | -10.88% | 2009 |
| Average since 2012 | 1.34% | 2012–2021 |
| First recorded | 17.74% | 1981 |
What the numbers say
In 2021, Lesotho's adjusted net national income (annual % growth) fell 0.06 percentage points on 2020 (from -0.81% to -0.87%).
Across the 12 yearly changes before that (2009 to 2020), the average change was −0.41 percentage points and a typical year strayed about 7.85 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 13.19 percentage points in 2010 and the biggest yearly fall was 14.99 percentage points in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 there is no clear straight-line trend: a straight line explains 5% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2021, Lesotho had the 115th highest value of the 137 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Lesotho | -0.87% | 2021 |
| World | 5.42% | 2021 |
| Lower middle income | 8.47% | 2021 |
Closest to Lesotho in the 2021 ranking
What this measures
Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.
Limitations: Adjusted net national income differs from the adjustments made in the calculation of adjusted net savings, by not accounting for investments in human capital or the damages from pollution. Thus, adjusted net national income remains within the boundaries of the United Nations System of National Accounts (SNA). The SNA includes non-produced natural assets (such as land, mineral resources, and forests) within the asset boundary when they are under the effective control of institutional units. The calculation of adjusted net national income, which accounts for net forest, energy, and mineral depletion, as well as consumption of fixed capital, thus remains within the SNA boundaries.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 15 values
| Year | Adjusted net national income (annual % growth) |
|---|---|
| 2021 | -0.8725 |
| 2020 | -0.8131 |
| 2019 | 3.76 |
| 2018 | 3.4 |
| 2017 | -6.4 |
| 2016 | -0.9475 |
| 2015 | 8.05 |
| 2014 | 5.59 |
| 2013 | 3.43 |
| 2012 | -1.84 |
| 2011 |
Adjusted net national income (annual % growth) in nearby economies
- Angola — 4.15% (2021)
- Benin — 8.3% (2021)
- Botswana — 3.22% (2021)
- Burkina Faso — -5.46% (2021)
- Cabo Verde — 7.28% (2021)
- Cameroon — -1.11% (2021)
- Central African Republic — -0.63% (2021)
- Chad — 5.95% (2021)
- Comoros — 2.2% (2021)
- Congo, Dem. Rep.
More economic policy & debt data for Lesotho
- General government final consumption expenditure (constant 2015 US$) — US$805.47 million (2025)
- General government final consumption expenditure (constant LCU) — 7.4 billion (2025)
- Households and NPISHs final consumption expenditure (constant 2015 US$) — US$1.99 billion (2025)
- Households and NPISHs final consumption expenditure (constant LCU) — 21.89 billion (2025)
- Households and NPISHs final consumption expenditure per capita (constant 2015 US$) — US$840.08 (2025)
- Final consumption expenditure (constant 2015 US$) — US$2.81 billion (2025)
- Final consumption expenditure (constant LCU) — 29.29 billion (2025)
- Gross national expenditure (constant 2015 US$)
Reading data like this
Questions people ask
- What is Lesotho's adjusted net national income (annual % growth)?
- -0.87% in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1981?
- It is down 18.61 percentage points from 17.74% in 1981. The highest value was 17.74% in 1981 and the lowest -10.88% in 2009.
- How does Lesotho rank?
- 115th highest of 137 economies with data for 2021.
- Is the latest change in adjusted net national income (annual % growth) unusual for Lesotho?
- In 2021, Lesotho's adjusted net national income (annual % growth) fell 0.06 percentage points on 2020 (from -0.81% to -0.87%). Across the 12 yearly changes before that (2009 to 2020), the average change was −0.41 percentage points and a typical year strayed about 7.85 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.ADJ.NNTY.KD.ZG, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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