Lesotho's export value index (2015 = 100) was 106.9 in 2024, the latest year in the World Bank's World Development Indicators. That is up 19.98% from 89.1 in 2014 (1.84% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 106.9 | 2024 |
| Five years earlier | 99.1 | 2019 |
| Ten years earlier | 89.1 | 2014 |
| Highest | 131.7 | 2018 |
| Lowest | 69.7 | 2005 |
| Average since 2015 | 102.03 | 2015–2024 |
| First recorded | 69.7 | 2005 |
What the numbers say
In 2024, Lesotho's export value index (2015 = 100) rose 18 on 2023 (from 88.9 to 106.9).
Across the 18 yearly changes before that (2006 to 2023), the average change was +1.07 and a typical year strayed about 16.3 from that (the standard deviation). This year's change was 1.0 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 31.8 in 2011 and the biggest yearly fall was 32.6 in 2019. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 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 2024, Lesotho had the 166th highest value of the 204 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 | 106.9 | 2024 |
| World | 147.6 | 2024 |
Closest to Lesotho in the 2024 ranking
- Cabo Verde — 163rd of 204: 112.7
- United Kingdom — 164th of 204: 110
- American Samoa — 165th of 204: 107.4
- Nigeria — 167th of 204: 106.4
- Ukraine — 168th of 204: 106
- Bolivia — 169th of 204: 103.8
What this measures
Export values are the current value of exports (f.o.b.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2015). UNCTAD's export value indexes are reported for most economies.
All 20 values
| Year | Export value index (2015 = 100) |
|---|---|
| 2024 | 106.9 |
| 2023 | 88.9 |
| 2022 | 96.3 |
| 2021 | 100.6 |
| 2020 | 91.1 |
| 2019 | 99.1 |
| 2018 | 131.7 |
| 2017 | 110.7 |
| 2016 | 95 |
| 2015 | 100 |
| 2014 |
Export value index (2015 = 100) in nearby economies
- Angola — 118.8 (2024)
- Benin — 225.3 (2024)
- Botswana — 73.6 (2024)
- Burkina Faso — 259.4 (2024)
- Burundi — 145.4 (2024)
- Cabo Verde — 112.7 (2024)
- Cameroon — 145.7 (2024)
- Central African Republic — 143.8 (2024)
- Chad — 186.6 (2024)
- Comoros — 175.7 (2024)
- Congo, Dem. Rep. — 346.1 (2024)
More trade data for Lesotho
- Import volume index (2015 = 100) — 71.7 (2024)
- Binding coverage, manufactured products (%) — 0% (2022)
- Tariff rate, applied, simple mean, manufactured products (%) — 4.5% (2022)
- Tariff rate, most favored nation, simple mean, manufactured products (%) — 8.18% (2022)
- Tariff rate, applied, weighted mean, manufactured products (%) — 4.19% (2022)
- Tariff rate, most favored nation, weighted mean, manufactured products (%) — 12.78% (2022)
- Binding coverage, all products (%) — 0% (2022)
- Tariff rate, applied, simple mean, all products (%) — 4.19% (2022)
- Tariff rate, most favored nation, simple mean, all products (%)
Reading data like this
Questions people ask
- What is Lesotho's export value index (2015 = 100)?
- 106.9 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is up 53.37% from 69.7 in 2005 (2.28% a year on average, compounded). The highest value was 131.7 in 2018 and the lowest 69.7 in 2005.
- How does Lesotho rank?
- 166th highest of 204 economies with data for 2024.
- Is the latest change in export value index (2015 = 100) unusual for Lesotho?
- In 2024, Lesotho's export value index (2015 = 100) rose 18 on 2023 (from 88.9 to 106.9). Across the 18 yearly changes before that (2006 to 2023), the average change was +1.07 and a typical year strayed about 16.3 from that (the standard deviation). This year's change was 1.0 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
- Where does this data come from?
Source
World Bank, World Development Indicators, indicator TX.VAL.MRCH.XD.WD, licensed CC BY 4.0. Original source: UN Conference on Trade and Development (UNCTAD) 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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