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Lesotho, Economy

fifths, remittances, Gross domestic product, livestock, expenditures

The economy of Lesotho is based almost entirely on agriculture, livestock raising, and the earnings of Basothos employed outside the country. About two-fifths of the adult male labor force works in South Africa. Gross domestic product, which does not reflect remittances from workers out of the country, stood at $899 million in 2000, or $440 per person. Tourism, particularly from South Africa, has expanded rapidly. In 1998 the estimated annual budget included revenues of $392 million with expenditures totaling $442 million.

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fifths, remittances, Gross domestic product, livestock, expenditures, Tourism, agriculture, workers, South Africa, revenues, country, person

 
 

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