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Lesotho Remittances Received

Personal remittances received  BX.TRF.PWKR.CD.DT

Lesotho's remittances received was $499.7M in 2025, ranked 118th globally. This represents a 5.0% increase from 2024. Data from World Bank, covering 1975–2025.

$499.7M +$23.8M (+5.0%)
Year 2025 Rank #118 Global Peak $1.1B (1994) Source World Bank

Lesotho Remittances Received (1975–2025)

Overview

Lesotho's remittances received stood at $499.7M in 2025, a rise of +$23.8M from 2024. Based on recent trends, this figure is projected to reach $499.7M by 2025. Lesotho ranked 118th globally.

Lesotho’s remittance inflows have risen from a low of 121,702,577.63 in 1975 to a 2025 total of 499,650,089.35, placing the country 118th globally and roughly on par with peer economies such as Fiji, which recorded 504,569,688.64 in the same year. The historic apex of 1,132,746,440.13 arrived in 1994, a period when the nation’s labor migration to South Africa peaked and the mining sector’s demand for workers was strongest. Since that high, receipts have more than halved, reflecting slower growth in outbound labor markets, tighter immigration controls in host countries, and the gradual diversification of Lesotho’s domestic economy. The 51‑year series shows a long‑term upward trajectory despite the post‑1994 decline, suggesting that future increases will depend on the resilience of regional employment opportunities and potential policy reforms to facilitate diaspora investment. Continued expansion of cross‑border labor ties could therefore restore a more robust upward path for remittances.

Data & projection

Year Remittances Received YoY change Rank
2027* trend $511.1M - -
2026* trend $505.4M - -
2025* trend $499.7M - -
2025 $499.7M +$23.8M #118
2024 $475.8M −$3.9M #64
2023 $479.8M −$52.8M #66
2022 $532.6M +$58.1M #77
2021 $474.5M +$24.6M #73
2020 $449.9M −$79.2M #75
2019 $529.1M −$43.5M #78
2018 $572.5M +$25.5M #83
2017 $547.0M +$91.7M #83
2016 $455.3M +$107.5M #79
2015 $347.8M −$58.4M #71
2014 $406.2M −$56.7M #76
2013 $462.9M −$91.6M #78
2012 $554.6M −$94.8M #83
2011 $649.3M +$39.2M #90
Show all years (1975-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +18.0% GDP growth 2.9% C/A balance 3.9%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Lesotho matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw remittances received improve within 24 months. View full analysis →

Frequently Asked Questions

What is Lesotho's remittances received?▾

Lesotho's remittances received was $499.7M in 2025. Ranked 118th globally. This represents a 5.0% increase from the previous year.

What was the highest remittances received in Lesotho?▾

Lesotho's remittances received peaked at $1.1B in 1994.

What was the lowest remittances received in Lesotho?▾

The lowest remittances received in Lesotho was $121.7M in 1975.

How does Lesotho rank in remittances received?▾

Lesotho ranks 118th globally in remittances received as of 2025.

What is the World Bank indicator code for remittances received?▾

The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.

What is the projected remittances received of Lesotho in 2025?▾

Lesotho's remittances received is projected to reach $499.7M by 2025 based on trend extrapolation.

What is Lesotho's remittances received in million?▾

Lesotho's remittances received was approximately 499.65 million ($499.7M) in 2025.

What is the remittances received of Lesotho in 2025?▾

The remittances received of Lesotho in 2025 was $499.7M. This ranks 118th in the world.

Cite this page

APA
Lesotho Remittances Received. HistorySaid. Retrieved November 15, 2026, from https://historysaid.com/lesotho/remittances/
BibTeX
@misc{historysaid_lesotho_remittances, title = {Lesotho Remittances Received}, url = {https://historysaid.com/lesotho/remittances/}, publisher = {HistorySaid}, year = {2026} }
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