Lesotho's terms of trade adjustment (constant LCU) was 3.32 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 38.15% from 2.4 billion in 2015 (3.28% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 3.32 billion | 2025 |
| Five years earlier | 2.88 billion | 2020 |
| Ten years earlier | 2.4 billion | 2015 |
| Highest | 3.32 billion | 2025 |
| Lowest | -301.78 million | 2009 |
| Average since 2016 | 2.57 billion | 2016–2025 |
| First recorded | -83,497 |
What the numbers say
In 2025, Lesotho's terms of trade adjustment (constant LCU) rose 49.22 million on 2024 (from 3.27 billion to 3.32 billion).
Across the 30 yearly changes before that (1969 to 2024), the average change was +94.68 million and a typical year strayed about 476.6 million from that (the standard deviation). This year's change was 0.1 standard deviations below 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 1.32 billion in 2014 and the biggest yearly fall was 994.15 million 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 2016 to 2025 the straight-line trend is upward, about 238.81 million a year. A straight line explains 81% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Lesotho had the 56th highest value of the 128 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.
Closest to Lesotho in the 2025 ranking
- Israel — 52nd of 128: 6.56 billion
- Portugal — 53rd of 128: 6.2 billion
- Greece — 54th of 128: 5.69 billion
- Venezuela, RB — 56th of 128: 3.02 billion
- Netherlands — 57th of 128: 2.93 billion
- Luxembourg — 58th of 128: 2.91 billion
What this measures
The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 41 values
| Year | Terms of trade adjustment (constant LCU) |
|---|---|
| 2025 | 3,317,805,478 |
| 2024 | 3,268,582,946 |
| 2023 | 3,202,235,055 |
| 2022 | 3,156,404,553 |
| 2021 | 3,039,956,457 |
| 2020 | 2,875,996,653 |
| 2019 | 2,289,473,962 |
| 2018 | 1,719,441,524 |
| 2017 | 1,060,477,104 |
| 2016 | 1,788,054,804 |
Terms of trade adjustment (constant LCU) in nearby economies
- Angola — 2.49 trillion (2024)
- Benin — -92.22 billion (2025)
- Botswana — -27.67 billion (2025)
- Burkina Faso — 2.23 trillion (2025)
- Cabo Verde — 11.67 billion (2025)
- Cameroon — 166.52 billion (2025)
- Central African Republic — -872.72 million (2025)
- Chad — 748.12 billion (2025)
- Comoros — -1.26 billion (2025)
- Congo, Dem. Rep. — -5.34 trillion (2025)
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 terms of trade adjustment (constant LCU)?
- 3.32 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is up 3.97 million% from -83,497 in 1960. The highest value was 3.32 billion in 2025 and the lowest -301.78 million in 2009.
- How does Lesotho rank?
- 56th highest of 128 economies with data for 2025.
- Is the latest change in terms of trade adjustment (constant LCU) unusual for Lesotho?
- In 2025, Lesotho's terms of trade adjustment (constant LCU) rose 49.22 million on 2024 (from 3.27 billion to 3.32 billion). Across the 30 yearly changes before that (1969 to 2024), the average change was +94.68 million and a typical year strayed about 476.6 million from that (the standard deviation). This year's change was 0.1 standard deviations below 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.TTF.GNFS.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, 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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