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The new extreme poverty line of $2.15 per person per day is based on 2017 PPPs. [7] This means that anyone living on less than $2.15 a day is considered to be living in extreme poverty. About 692 million people globally were in this situation in 2024. [8]
The unemployment rate in 2008 was 25.29% and rose to 27.2% in 2012. However, the unemployment rate fell to 23.06% in 2017. The percentage of the population living below the poverty line fell from 58% in 2002 to 49.2% in 2017. [7]
The name Lesotho translates to "land of the Sesotho speakers". [11] [12] Lesotho is considered a lower middle income country with significant socioeconomic challenges. Almost half of its population is below the poverty line, and the country's HIV/AIDS prevalence rate is the second-highest in the world.
The idea of the poverty line dates back to 1963, when Mollie Orshansky, a statistician for the Social Security Administration, developed a method to measure how many families were unable to afford...
2023; 2022; 2021; 2024 in Lesotho: →. 2025 ... Online calendar; 2020s portal; Current events portal This page was last edited on 20 ... 2024 in Lesotho. Add ...
This page was last edited on 7 December 2024, at 16:41 (UTC). ... 2023 in Lesotho. Add languages ...
2022 data (2024 report) Change in HDI value 2023-2024 [3] Very high human development 1 67 Seychelles: 0.802 0.007 High human development 2 72 Mauritius: 0.796 0.006 3 92 Libya: 0.746 4 93 Algeria: 0.745 0.005 5 101 Tunisia: 0.732 0.003 6 105 Egypt: 0.728 0.002 7 110 South Africa: 0.717 0.004 8 114 Botswana: 0.708 0.028 Medium human development
The density is lower in the Lesotho Highlands than in the western lowlands. Although the majority of the population—56.1 percent—is between 15 and 64 years of age, Lesotho has a substantial youth population numbering around 37.8 percent. [2] The annual population growth rate is estimated at 0.13% [2]