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Lesotho Services Employment

Employment in services  SL.SRV.EMPL.ZS

Lesotho's services employment was 36.09% in 2025, ranked 22nd globally. This represents a 0.9% increase from 2024. Data from World Bank, covering 1991–2025.

36.09% +0.32% (+0.9%)
Year 2025 Rank #22 Global Peak 48.19% (1996) Source World Bank

Lesotho Services Employment (1991–2025)

Overview

Lesotho's services employment stood at 36.09% in 2025, a rise of +0.32% from 2024. Based on recent trends, this figure is projected to reach 36.35% by 2026. Lesotho ranked 22nd globally.

Lesotho’s share of employment in services has fallen markedly over the 35‑year series, slipping from an early‑1990s level of 47.56 % to 36.09 % in 2025, which places the kingdom at rank 22 globally. The sector reached its all‑time high of 48.19 % in 1996, shortly after the end of the Cold War, before a gradual decline accelerated in the 2010s and culminated in a trough of 34.94 % in 2021, the lowest point recorded. By contrast, peer economies such as Zambia (35.19 %) and Myanmar (36.89 %) exhibit similar service‑employment shares, suggesting a regional pattern of limited structural shift toward services. The persistent contraction reflects weak diversification, continued reliance on agriculture and mining, and modest growth in tourism and finance. If Lesotho can expand higher‑value service industries, improve skills training, and attract foreign direct investment, the downward trajectory may reverse and the services share could begin to climb in the coming years.

Data & projection

Year Services Employment YoY change Rank
2028* trend 36.91% - -
2027* trend 36.63% - -
2026* trend 36.35% - -
2025 36.09% +0.32% #22
2024 35.77% +0.28% #22
2023 35.49% +0.25% #24
2022 35.24% +0.29% #26
2021 34.94% −0.29% #26
2020 35.23% −0.56% #26
2019 35.79% −0.41% #25
2018 36.20% −0.33% #27
2017 36.53% −0.27% #29
2016 36.80% −0.59% #31
2015 37.39% −0.59% #35
2014 37.98% −0.42% #35
2013 38.40% −0.46% #38
2012 38.86% −0.73% #41
2011 39.59% −0.65% #45
Show all years (1991-2025)
* 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 services employment improve within 24 months. View full analysis →

Frequently Asked Questions

What is Lesotho's services employment?▾

Lesotho's services employment was 36.09% in 2025. Ranked 22nd globally. This represents a 0.9% increase from the previous year.

What was the highest services employment in Lesotho?▾

Lesotho's services employment peaked at 48.19% in 1996.

What was the lowest services employment in Lesotho?▾

The lowest services employment in Lesotho was 34.94% in 2021.

How does Lesotho rank in services employment?▾

Lesotho ranks 22nd globally in services employment as of 2025.

What is the World Bank indicator code for services employment?▾

The World Bank indicator code is SL.SRV.EMPL.ZS. Data sourced from World Bank.

What is the projected services employment of Lesotho in 2026?▾

Lesotho's services employment is projected to reach 36.35% by 2026 based on trend extrapolation.

What is the services employment of Lesotho in 2025?▾

The services employment of Lesotho in 2025 was 36.09%. This ranks 22nd in the world.

Cite this page

APA
Lesotho Services Employment. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/lesotho/services-employment/
BibTeX
@misc{historysaid_lesotho_services-employment, title = {Lesotho Services Employment}, url = {https://historysaid.com/lesotho/services-employment/}, publisher = {HistorySaid}, year = {2026} }
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