Lesotho: Remittances, percent of GDP

* indicates monthly or quarterly data series

Remittances as percent of GDP

 Latest value 20.93
 Reference 2020
 Measure percent
 Source The World Bank

For that indicator, we provide data for Lesotho from 1975 to 2020. The average value for Lesotho during that period was 86.93 percent with a minimum of 15.71 percent in 2015 and a maximum of 235.92 percent in 1987. The latest value from 2020 is 20.93 percent. For comparison, the world average in 2020 based on 176 countries is 5.31 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

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Definition: Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.
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