Real GDP at Constant National Prices for Lesotho
RGDPNALSA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,411.65
Year-over-Year Change
56.24%
Date Range
1/1/1960 - 1/1/2019
Summary
The 'Real GDP at Constant National Prices for Lesotho' series measures the inflation-adjusted gross domestic product of Lesotho, providing insight into the nation's economic growth and development.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator tracks the real GDP of Lesotho, which is the total value of all goods and services produced within the country, adjusted for inflation. It is a key metric used by economists and policymakers to assess the health and trajectory of Lesotho's economy.
Methodology
The data is collected and calculated by the World Bank using established national accounting standards.
Historical Context
Real GDP trends are closely monitored by government officials, investors, and international institutions to inform economic and policy decisions.
Key Facts
- Lesotho's real GDP reached $2.8 billion in 2021.
- The economy grew by 4.6% in 2021 after contracting in 2020.
- Agriculture and mining are key sectors in Lesotho's economy.
FAQs
Q: What does this economic trend measure?
A: The 'Real GDP at Constant National Prices for Lesotho' series measures the total value of all goods and services produced within Lesotho, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: Real GDP is a crucial indicator of a country's economic health and growth, providing insights that inform policy decisions and investment strategies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using established national accounting standards.
Q: How is this trend used in economic policy?
A: Trends in real GDP are closely monitored by government officials, investors, and international institutions to inform economic and policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and revisions by the World Bank, and may have a delay in availability compared to the current reporting period.
Related Trends
Total Factor Productivity at Constant National Prices for Singapore
RTFPNASGA632NRUG
Real GDP at Constant National Prices for Slovenia
RGDPNASIA666NRUG
Real GDP at Constant National Prices for Turkey
RGDPNATRA666NRUG
Capital Stock at Constant National Prices for Bosnia and Herzegovina
RKNANPBAA666NRUG
Total Factor Productivity at Constant National Prices for United States
RTFPNAUSA632NRUG
Total Factor Productivity at Constant National Prices for Lithuania
RTFPNALTA632NRUG
Citation
U.S. Federal Reserve, Real GDP at Constant National Prices for Lesotho (RGDPNALSA666NRUG), retrieved from FRED.