40 (1994 est.)

Inflation rate (consumer prices): 13.9% (1993)

Unemployment rate: substantial unemployment and underemployment

Budget:
revenues: $438 million
expenditures: $430 million, including capital expenditures of $155
million (FY93/94 est.)

Exports: $109 million (f.o.b., 1992)
commodities: wool, mohair, wheat, cattle, peas, beans, corn, hides,
skins, baskets
partners: South Africa 42%, EC 28%, North and South America 25% (1991)

Imports: $964 million (c.i.f., 1992)
commodities: mainly corn, building materials, clothing, vehicles,
machinery, medicines, petroleum
partners: South Africa 94%, Asia 3%, EC 1% (1991)

External debt: $512 million (1993)

Industrial production: growth rate 10%; accounts for 17% of GDP (1993
est.)

Electricity: power supplied by South Africa

Industries: food, beverages, textiles, handicrafts, tourism

Agriculture: accounts for 50% of GDP (1993 est.); exceedingly
primitive, mostly subsistence farming and livestock; principal crops
corn, wheat, pulses, sorghum, barley

Economic aid:
recipient: US commitments, including Ex-Im (FY70-89), $268 million; US
(1992), $10.3 million; US (1993 est.), $10.1 million; Western (non-US)
countries, ODA and OOF bilateral commitments (1970-89), $819 million;
OPEC bilateral aid (1979-89), $4 million; Communist countries
(1970-89), $14 million

Currency: 1 loti (L) = 100 lisente

Exchange rates: maloti (M) per US$1 - 3.5389 (January 1995), 3.5490
(1994), 3.2636 (1993), 2.8497 (1992), 2.7563 (1991), 2.5863 (1990);
note - the Basotho loti is at par with the South African rand

Fiscal year: 1 April - 31 March

@Lesotho:Transportation

Railroads:
total: 2.6 km; note - owned by, operated by, and included in the
statistics of South Africa
narrow gauge: 2.6 km 1.067-m gauge

Highways:
total: 7,215 km
paved: 572 km
unpaved: gravel, stabilized earth 2,337 km; improved earth 1,806 km;
unimproved earth 2,500 km (1988)

Ports: none

Airports:
total: 29
with paved runways over 3,047 m: 1
with paved runways 914 to 1,523 m: 1
with paved runways under 914 m: 23
with unpaved runways 914 to 1,523 m: 4

@Lesotho:Communications

Telephone system: 5,920 telephones; rudimentary system
local: NA
intercity: consists of a few land lines, a small microwave radio relay
system, and a minor radio communication system
international: 1 INTELSAT (Atlantic Ocean) earth station

Radio:
broadca