Lesotho Inflation Rate
Consumer price inflation, annual % FP.CPI.TOTL.ZG
Lesotho's inflation rate was 4.54% in 2025, ranked 51st globally. This represents a 25.7% decrease from 2024. Data from World Bank, covering 1974–2025.
Overview
Lesotho's inflation rate stood at 4.54% in 2025, a decline of +1.57pp from 2024. The IMF projects 4.54% by 2025. Lesotho ranked 51st globally.
Lesotho’s consumer price inflation has settled at 4.54 % in 2025, placing the kingdom at 51st in the world rankings and closely matching peers such as Serbia (4.55 %) and Pakistan (4.50 %). The 52‑year series shows a volatile trajectory: after a dramatic surge to an all‑time high of 33.81 % in 2002, inflation collapsed into a deep deflationary episode of –16.86 % in 2009 before gradually returning to moderate levels. The early‑2000s spike reflected fiscal imbalances and external shocks, while the 2009 trough coincided with a sharp contraction in domestic demand and commodity price declines. Since the trough, policy tightening and a more diversified export base have helped anchor inflation near the mid‑4 % range, aligning with the lower‑mid‑single‑digit targets of many emerging economies. Continued fiscal discipline, stable exchange rates and modest demand growth are likely to keep inflation within a narrow band, though any resurgence of external price shocks could alter the trajectory.
Data & projection
| Year | Inflation Rate | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 4.80% | - | - |
| 2029* IMF | 4.80% | - | - |
| 2028* IMF | 4.94% | - | - |
| 2027* IMF | 5.01% | - | - |
| 2026* IMF | 4.85% | - | - |
| 2025* IMF | 4.54% | - | - |
| 2025 | 4.54% | −1.57pp | #51 |
| 2024 | 6.11% | −0.40pp | #153 |
| 2023 | 6.34% | −1.81pp | #114 |
| 2022 | 8.27% | +1.82pp | #103 |
| 2021 | 6.05% | +0.63pp | #146 |
| 2020 | 4.98% | +0.05pp | #149 |
| 2019 | 5.19% | +0.44pp | #161 |
| 2018 | 4.75% | +0.29pp | #156 |
| 2017 | 4.45% | −1.76pp | #143 |
| 2016 | 6.60% | +2.30pp | #161 |
| 2015 | 3.22% | −1.35pp | #128 |
| 2014 | 5.37% | +0.37pp | #152 |
| 2013 | 4.87% | −0.60pp | #136 |
| 2012 | 6.05% | +0.05pp | #145 |
| 2011 | 5.04% | +1.73pp | #110 |
Detected Pattern
Analysis
Lesotho matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw inflation rate improve within 24 months. View full analysis →
Frequently Asked Questions
Lesotho's inflation rate was 4.54% in 2025. Ranked 51st globally. This represents a 25.7% decrease from the previous year.
Lesotho's inflation rate peaked at 33.81% in 2002.
The lowest inflation rate in Lesotho was -16.86% in 2009.
Lesotho ranks 51st globally in inflation rate as of 2025.
The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.
Lesotho's inflation rate is projected to reach 4.54% by 2025 based on IMF projection.
The inflation rate of Lesotho in 2025 was 4.54%. This ranks 51st in the world.
Cite this page
@misc{historysaid_lesotho_inflation-rate,
title = {Lesotho Inflation Rate},
url = {https://historysaid.com/lesotho/inflation-rate/},
publisher = {HistorySaid},
year = {2026}
}