Lesotho’s manufacturing sector saw significant growth, peaking at 24.6% in 2002 due to the rise of textile exports. Since then, it has fluctuated, influenced by global market demand and regional trade agreements, reaching 15.7% in 2022. Though textile exports remain vital, diversification efforts and external factors have affected stability.
For a broader context, visit other statistics on Lesotho’s net lending/borrowing as a percentage of GDP, Lesotho’s annual GDP growth rate, Lesotho’s annual GDP figures.