Lesotho
On this page you will find beneficial information regarding foreign direct investment in / trading with Lesotho. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Parliamentary Constitutional Monarchy
Population: 2.281 million (2021)
GDP: 2.496 billion USD (2021)
Corporate Tax Rate: 25%
Personal Income Tax Rate: 30%
Major Exports: Diamonds ($373M), Knit Women's Suits ($128M), Non-Knit Men's Suits ($112M), Wool ($57.6M), and Low-voltage Protection Equipment ($44.7M), exporting mostly to United States ($344M), South Africa ($325M), Belgium ($252M), United Arab Emirates ($52.4M), and Switzerland ($30.9M).
Major Imports: Refined Petroleum ($166M), Light Rubberized Knitted Fabric ($79.9M), Poultry Meat ($38.9M), Cereal Meal and Pellets ($35.6M), and Electricity ($34.8M), importing mostly from South Africa ($1.39B), China ($84.4M), Chinese Taipei ($47.5M), India ($16M), and Hong Kong ($7.92M).
Investment Agency: Lesotho National Development Corporation
Website: https://www.lndc.org.ls/
