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Economy of Afghanistan vs Lesotho compared: GDP & Debt

Updated on by Georank team

Afghanistan has a GDP of $17.2B compared to $2.27B for Lesotho, ranking 137/197 and 175/197 by economy size, respectively.

Afghanistan has $1.44B in government debt (8.8% of GDP), compared to $1.29B (56.8% of GDP) in Lesotho.

Afghanistan vs Lesotho GDP by year

Afghanistan
Lesotho
1x
Year GDP, current $
Afghanistan Lesotho
2024 - $2,271,759,455
2023 $17,152,234,637 $2,117,962,445
2022 $14,497,243,872 $2,354,980,960
2021 $14,259,995,441 $2,412,130,057
2020 $19,955,929,052 $2,053,699,864
2019 $18,799,444,490 $2,390,702,296
2018 $18,053,222,687 $2,556,247,292
2017 $18,753,456,498 $2,306,741,672
2016 $18,116,572,395 $2,114,426,452
2015 $19,134,221,645 $2,359,686,725
2014 $20,497,128,556 $2,441,063,054
2013 $20,146,416,758 $2,367,112,932
2012 $19,907,329,778 $2,477,702,216
2011 $17,805,098,206 $2,579,409,620
2010 $15,856,668,556 $2,234,754,242
2009 $12,416,152,732 $1,740,894,965
2008 $10,109,297,048 $1,766,902,709
2007 $9,747,886,187 $1,682,131,785
2006 $6,971,758,282 $1,800,092,564
2005 $6,203,256,539 $1,682,343,527
2004 $5,224,896,719 $1,511,236,656
2003 $4,520,946,819 $1,157,825,435
2002 $3,825,701,439 $775,777,239
2001 $2,813,571,754 $825,706,961
2000 $3,521,418,060 $887,291,688
1999 - $912,773,681
1998 - $928,460,893
1997 - $998,004,259
1996 - $946,112,493
1995 - $1,001,894,000
1994 - $878,250,945
1993 - $835,582,062
1992 - $831,029,862
1991 - $704,325,367
1990 - $596,410,264
1989 - $495,409,233
1988 - $470,395,801
1987 - $402,768,324
1986 - $318,858,423
1985 - $268,629,926
1984 - $333,163,670
1983 - $386,699,309
1982 - $348,741,684
1981 - $434,188,034
1980 - $431,542,537
1979 - $290,134,593
1978 - $266,570,067
1977 - $193,315,048
1976 - $147,660,037
1975 - $149,558,896
1974 - $150,851,317
1973 - $121,188,716
1972 - $80,913,200
1971 - $76,480,285
1970 - $68,739,973
1969 - $65,967,974
1968 - $61,445,975
1967 - $59,261,976
1966 - $56,699,977
1965 - $54,879,978
1964 - $51,939,979
1963 - $47,039,981
1962 - $41,859,983
1961 - $35,699,986
1960 - $34,579,986

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/afghanistan/lesotho | CC BY

GDP per capita in Afghanistan vs Lesotho by year

Afghanistan
GDP per capita

GDP per capita, PPP
Lesotho
GDP per capita

GDP per capita, PPP
1x
Year Current $
Afghanistan Lesotho
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 - - $972 $3,001
2023 $414 $2,202 $916 $2,881
2022 $357 $2,123 $1,030 $2,761
2021 $356 $2,144 $1,067 $2,545
2020 $511 $2,562 $919 $2,559
2019 $497 $2,583 $1,082 $2,568
2018 $491 $2,432 $1,171 $2,632
2017 $525 $2,336 $1,069 $2,619
2016 $522 $2,213 $992 $2,942
2015 $566 $2,284 $1,121 $3,035
2014 $625 $2,224 $1,174 $2,771
2013 $637 $2,133 $1,151 $2,538
2012 $651 $1,988 $1,218 $2,291
2011 $607 $1,744 $1,281 $2,279
2010 $561 $1,766 $1,119 $2,153
2009 $452 $1,571 $879 $2,036
2008 $382 $1,334 $898 $2,064
2007 $376 $1,287 $861 $1,932
2006 $274.2 $1,122 $925 $1,813
2005 $254.2 $1,076 $861 $1,681
2004 $221.8 $972 $767 $1,561
2003 $198.9 $967 $583 $1,484
2002 $179 $927 $389 $1,385
2001 $138.7 $748 $413 $1,350
2000 $174.9 $814 $443 $1,273
1999 - - $456 $1,199
1998 - - $465 $1,179
1997 - - $502 $1,154
1996 - - $480 $1,103
1995 - - $513 $1,037
1994 - - $456 $995
1993 - - $439 $932
1992 - - $444 $893
1991 - - $382 $830
1990 - - $330 $764
1989 - - $279 -
1988 - - $270.4 -
1987 - - $236.5 -
1986 - - $191.4 -
1985 - - $165.4 -
1984 - - $211 -
1983 - - $252 -
1982 - - $233.9 -
1981 - - $299.8 -
1980 - - $307 -
1979 - - $212.4 -
1978 - - $200.8 -
1977 - - $149.9 -
1976 - - $117.8 -
1975 - - $123.2 -
1974 - - $128.7 -
1973 - - $107 -
1972 - - $74 -
1971 - - $72.4 -
1970 - - $67.4 -
1969 - - $67.1 -
1968 - - $64.8 -
1967 - - $64.8 -
1966 - - $64.3 -
1965 - - $64.3 -
1964 - - $62.6 -
1963 - - $58.4 -
1962 - - $53.5 -
1961 - - $47 -
1960 - - $47 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/afghanistan/lesotho | CC BY

Afghanistan's GDP per capita is $414, ranking 196/197, compared to $972 in Lesotho, ranking 181/197. Adjusted for purchasing power (GDP per capita PPP), Afghanistan ranks 184th at $2,202, while Lesotho ranks 180th at $3,001.

Economic indicators

Afghanistan Lesotho
Gross domestic product
$17.2B
2023
$2.27B
2024
GDP rank
137/197
2023
175/197
2024
GDP growth
2.27%
2022-2023
2.85%
2023-2024
GDP per capita
$414
2023
$972
2024
GDP per capita rank
196/197
2023
181/197
2024
GDP per capita, PPP
$2,202
2023
$3,001
2024
GDP per capita PPP rank
184/197
2023
180/197
2024
Government debt
$1.44B
2023
$1.29B
2024
Debt-to-GDP ratio
8.8%
2024
56.8%
2024
Government debt per person
$34.8
2023
$552
2024
Government debt per person rank
185/185
2023
164/185
2024
Average annual personal income after taxes
$1,869
2026
$6,545
2026
Income share by richest 10% n/a
32.9%
2017
Income share by poorest 10% n/a
1.7%
2017
Government expenditure, % of GDP
19.4%
2024
53.5%
2024
Consumer prices inflation
-4.3%
2023-2024
6.11%
2023-2024
Central bank interest rate
6%
2021
6.5%
2025
Unemployment rate
5.68%
2021
18.7%
2024
Population
45409324
2396633

Spending and national debt comparison by year

Afghanistan
Spending

Debt
Lesotho
Spending

Debt
1x
Year % of GDP
Afghanistan Lesotho
Government spending Government debt Government spending Government debt
2024 19.4% 8.8% 53.5% 56.8%
2023 17% 8.42% 49.4% 61.5%
2022 16.1% 10.8% 50.8% 64.4%
2021 17.9% 11.2% 53.8% 58%
2020 27.9% 7.33% 54.4% 54.7%
2019 28% 6.14% 53.6% 58.2%
2018 28.9% 7.38% 51.9% 48.2%
2017 27.7% 8% 50.4% 41%
2016 28% 8.44% 54.1% 41.5%
2015 25.9% 9.15% 51.7% 45.8%
2014 25.4% 8.7% 50.1% 41.5%
2013 25% 6.92% 58.4% 41.2%
2012 25% 6.77% 58.1% 39.8%
2011 21.9% 7.52% 60.2% 36.2%
2010 20.8% 7.71% 55.3% 33.8%
2009 21.2% 16.2% 66.4% 35.9%
2008 20.9% 19.1% 54.1% 47%
2007 21.4% 20.1% 48.1% 49.6%
2006 18.3% 23% 43.2% 43.7%
2005 15.7% 206.4% 37.6% 41%
2004 15.1% 245% 36.3% 49.4%
2003 11.9% 270.6% 39.8% 52.6%
2002 6.94% 346% 41.2% 79.6%
2001 - - 41.4% 108.7%
2000 - - 39.3% 88.5%
1999 - - 50.8% 83%
1998 - - 51.4% 79.4%
1997 - - 44.6% 65.7%
1996 - - 41.5% 71.6%
1995 - - 42.1% 62.8%
1994 - - 40.2% 67%
1993 - - 36% 71.2%
1992 - - 35.3% 64.4%
1991 - - 31.3% 11.9%
1990 - - 32.9% 18%
1989 - - 35.8% 112.5%
1988 - - 35.3% 105.2%
1987 - - 40.3% 97.4%
1986 - - 33.2% 92.5%
1985 - - 32.8% 86.3%
1984 - - 26.8% 57.2%
1983 - - 27.2% 56.7%
1982 - - 29.9% 61.4%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/lesotho | CC BY

In 2024, Afghanistan's government spending was $2.91B, accounting for 19.4% of its GDP, while Lesotho spent $1.22B, or 53.5% of GDP.

Debt-to-GDP ratio is 8.8% in Afghanistan and 56.8% in Lesotho, ranking 181/185 and 92/185, respectively.

Government deficit by year

Deficit/surplus
Afghanistan

Lesotho
1x
Year Deficit/surplus, % of GDP
Afghanistan Lesotho
2024 -0.54% 9.04%
2023 -1.33% 7.31%
2022 -1% -6.41%
2021 -0.48% -4.95%
2020 -2.24% 1.18%
2019 -1.06% -5.72%
2018 1.63% -4.41%
2017 -0.67% -2.02%
2016 0.13% -9.43%
2015 -1.38% -1.38%
2014 -1.72% 3.16%
2013 -0.63% -2.58%
2012 0.18% 4.56%
2011 -0.67% -9.85%
2010 0.93% -1.49%
2009 -1.76% -4.16%
2008 -3.86% 8.1%
2007 -2.46% 10.8%
2006 0.68% 11.6%
2005 -0.92% 4.46%
2004 -2.39% 6.05%
2003 -2.1% 0.89%
2002 -0.1% -2.44%
2001 - -2.76%
2000 - -0.95%
1999 - -15.3%
1998 - -11.8%
1997 - 0.27%
1996 - 2.11%
1995 - 5.13%
1994 - 5.69%
1993 - 7.55%
1992 - 4.65%
1991 - 9.74%
1990 - 8.78%
1989 - 3.88%
1988 - -1.87%
1987 - -2.85%
1986 - 0.87%
1985 - 1.68%
1984 - 4.82%
1983 - 1.85%
1982 - -2.03%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/lesotho | CC BY

In 2023, Afghanistan's government deficit, the difference between spending and revenue, was $228M, equivalent to 1.33% of GDP. This compares to Lesotho's surplus of $155M, or 7.31% of GDP.

Over the past 22 years, Afghanistan recorded a fiscal deficit in 17 of those years, while Lesotho ran a deficit in 12 years. On average, Afghanistan posted an annual deficit equal to 0.96% of GDP, compared to surplus of 0.15% of GDP for Lesotho.

Inflation comparison by year

Inflation
Afghanistan

Lesotho
1x
Year Consumer prices inflation
Afghanistan Lesotho
2024 -4.3% 6.11%
2023 -7.7% 6.34%
2022 10.6% 8.27%
2021 7.8% 6.05%
2020 5.6% 4.98%
2019 2.3% 5.19%
2018 0.6% 4.75%
2017 5% 4.45%
2016 4.4% 6.6%
2015 -0.7% 3.22%
2014 4.7% 5.37%
2013 7.4% 4.87%
2012 6.4% 6.05%
2011 11.8% 5.04%
2010 2.2% -2.41%
2009 -6.8% -16.9%
2008 26.4% 10.7%
2007 8.7% 8.01%
2006 6.8% 6.07%
2005 10.6% 3.44%
2004 16.4% 5.02%
2003 35.7% 6.63%
2002 - 33.8%
2001 - -9.62%
2000 - 6.13%

Data sources: World Bank | Economy & Growth (2000–2024, retrieved 2026-04-06); International Monetary Fund (IMF) | World Economic Outlook (2003–2024, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/lesotho | CC BY

Over the past 22 years, Afghanistan has recorded an average annual inflation rate of 7%, compared with 4.45% in Lesotho. In 2024, inflation was -4.3% in Afghanistan and 6.11% in Lesotho.

Balance of trade

Afghanistan Lesotho
Current account balance
-$3.14B
2020
$89.2M
2024
Current account balance ranking
159/190
2020
68/190
2024
Current account balance, % of GDP
-15.7%
2020
+3.93%
2024
Goods imports
$5.88B
2020
$1.67B
2024
Goods exports
$777M
2020
$965M
2024
Service imports
$1.11B
2020
$415M
2024
Service exports
$700M
2020
$15.4M
2024
Imports of goods and services, % of GDP
50.7%
2023
98.6%
2023
Exports of goods and services, % of GDP
16.9%
2023
42.9%
2023

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Afghanistan Lesotho
Economic freedom 53 54.9
Economic freedom ranking 142/197 130/197
Property rights 3.6 41.7
Government integrity 13.5 39.6
Judicial effectiveness 0 43.6
Tax burden 92 76.4
Government spending 90.8 21.3
Fiscal health 98.4 93.5
Business freedom 33.7 50.6
Labor freedom 44.4 57
Monetary freedom 84.9 74.8
Trade freedom 68.6 65.4
Investment freedom 10 55
Financial freedom 10 40

Economic freedom comparison by year

Afghanistan
Lesotho
1x
Year Economic freedom index
Afghanistan Lesotho
2026 - 54.9
2025 - 54.1
2024 - 51.9
2023 - 51.6
2022 - 48.1
2021 53 53.5
2020 54.7 54.5
2019 51.5 53.1
2018 51.3 53.9
2017 48.9 53.9
2016 - 50.6
2015 - 49.6
2014 - 49.5
2013 - 47.9
2012 - 46.6
2011 - 47.5
2010 - 48.1
2009 - 49.7
2008 - 52.1
2007 - 53.2
2006 - 54.7
2005 - 53.9
2004 - 50.3
2003 - 52
2002 - 48.9
2001 - 50.6
2000 - 48.4
1999 - 48.2
1998 - 48.4
1997 - 47.2
1996 - 47

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

GeoRank.org/economy/afghanistan/lesotho | CC BY

The Economic Freedom Index for Afghanistan is 53, ranking 142/197, compared to 54.9 for Lesotho, ranking 130/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Afghanistan Lesotho
Services, % of GDP
46.4%
2023
48%
2024
Industry, % of GDP
13.4%
2023
30.9%
2024
Agriculture, forestry, and fishing, % of GDP
34.7%
2023
6.5%
2024
GNI, Atlas method
$15.5B
2023
$2.75B
2024
GNI per capita, PPP
$2,210
2023
$3,580
2024
Total reserves including gold
$9.75B
2020
$1.01B
2024
Total reserves ranking
78/177
2020
142/177
2024
Net foreign direct investment
$24.3M
2020
$12.6M
2024
Net inflows of foreign direct investment
$0
2024
-$12.6M
2024
Net outflows of foreign direct investment
$0
2024
$0
2024
Servicing debt to the IMF, % of GNI
0.25%
2023
4.06%
2024
Poverty at national poverty lines
47.1%
2019
49.7%
2017
Gross capital formation, % of GDP
15.3%
2023
27.2%
2023

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/afghanistan/lesotho | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.