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Lesotho - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Lesotho was 6.05 as of 2021. As the graph below shows, over the past 47 years this indicator reached a maximum value of 33.81 in 2002 and a minimum value of -9.62 in 2001.

Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Source: International Monetary Fund, International Financial Statistics and data files.

Year	Value
1974	13.42
1975	14.21
1976	11.41
1977	16.69
1978	13.48
1979	16.00
1980	16.27
1981	12.41
1982	12.14
1983	17.49
1984	10.98
1985	13.32
1986	18.00
1987	11.75
1988	11.46
1989	14.73
1990	11.63
1991	17.68
1992	17.21
1993	13.14
1994	8.21
1995	9.27
1996	9.33
2000	6.13
2001	-9.62
2002	33.81
2003	6.63
2004	5.02
2005	3.44
2006	6.07
2007	8.01
2008	10.72
2009	7.31
2010	3.46
2011	5.04
2012	6.05
2013	4.87
2014	5.37
2015	3.22
2016	6.60
2017	4.45
2018	4.75
2019	5.19
2020	4.98
2021	6.05

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Lesotho was -0.03 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 41.46 in 1980 and a minimum value of -6.69 in 2007.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year	Value
1961	1.35
1962	1.67
1963	1.59
1964	2.00
1965	3.43
1966	3.74
1967	-5.76
1968	4.07
1969	5.72
1970	1.98
1971	5.99
1972	13.94
1973	6.97
1974	9.82
1975	24.76
1976	4.54
1977	7.48
1978	16.55
1979	2.43
1980	41.46
1981	12.58
1982	-4.85
1983	11.56
1984	8.10
1985	18.71
1986	16.25
1987	11.74
1988	20.08
1989	14.84
1990	11.99
1991	17.83
1992	13.94
1993	11.30
1994	7.77
1995	12.82
1996	6.00
1997	9.02
1998	9.92
1999	8.13
2000	6.30
2001	11.47
2002	14.21
2003	2.44
2004	9.60
2005	5.92
2006	9.31
2007	-6.69
2008	16.72
2009	2.35
2010	5.34
2011	9.43
2012	2.18
2013	10.28
2014	14.04
2015	10.20
2016	-0.29
2017	2.02
2018	9.62
2019	3.15
2020	-0.03

Inflation, GDP deflator: linked series (annual %)

The latest value for Inflation, GDP deflator: linked series (annual %) in Lesotho was -0.03 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 17.83 in 1991 and -6.69 in 2007.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year	Value
1990	11.99
1991	17.83
1992	13.94
1993	11.30
1994	7.77
1995	12.82
1996	6.00
1997	9.02
1998	9.92
1999	8.13
2000	6.30
2001	11.47
2002	14.21
2003	2.44
2004	9.60
2005	5.92
2006	9.31
2007	-6.69
2008	16.72
2009	2.35
2010	5.34
2011	9.43
2012	2.18
2013	10.28
2014	14.04
2015	10.20
2016	-0.29
2017	2.02
2018	9.62
2019	3.15
2020	-0.03

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices