Lesotho’s inflation rate has seen substantial fluctuations, driven largely by its dependency on South Africa for trade and currency stability. Inflation peaked at in 1991, influenced by global economic instability. The early 2000s witnessed a decline to in 2005 due to improved fiscal management. However, external shocks in 2008 raised inflation to .
Recent years have seen inflation moderate, peaking at in 2022 due to pandemic-related disruptions. Projections suggest a steady rate of by 2028, reflecting improved policy and regional stability.
Recent years have seen inflation moderate, peaking at in 2022 due to pandemic-related disruptions. Projections suggest a steady rate of by 2028, reflecting improved policy and regional stability.
Find out more through related statistics on Lesotho’s fluctuating mortality rate, Lesotho’s net ODA figures, Lesotho’s net lending/borrowing as a percentage of GDP.
