Lesotho - Gross domestic product based on purchasing-power-parity in constant market prices of 2011

5,165,830,253 (international dollars) in 2022

In 2022, real GDP based on PPP for Lesotho was 5,165 million international dollars. Real GDP based on PPP of Lesotho increased from 3,735 million international dollars in 2003 to 5,165 million international dollars in 2022 growing at an average annual rate of 1.78%.

The description is composed by our digital data assistant.
What is real GDP based on PPP?

PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Coronavirus Data and Insights

Live data and insights on Coronavirus around the world, including detailed statistics for the US, EU, and China — confirmed and recovered cases, deaths, alternative data on economic activities, customer behavior, supply chains, and more.

What is Lesotho real GDP based on PPP?