Compare the economies of the countries

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Economy power of Lesotho & Norway

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Lesotho vs Norway

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Lesotho Norway
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Located on the southernmost part of African continent, the Kingdom of Lesotho is a very small nation. It is an enclaved country located within the borders of South Africa. Because of that, its size is very small - the land covers approximately 30,000 square kilometers. Interestingly, this is the largest enclave in the world. More about Lesotho The Kingdom of Norway is a nation located in Northern Europe and it is one of the Nordic countries. Most of its territory is located on the western and northernmost portion of the Scandinavian Peninsula. However, they also own the archipelago of Svalbard and the Arctic island of Jan Mayen as well as several other minor isles. There are four different bordering nations, namely Sweden, Denmark, Finland and Russia. The Norwegian land covers approximately 385,000 square kilometers  More about Norway

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Lesotho Norway
Position in the ranking of countries 161 (2023) 31 (2023)
GDP [US$] 2,117,962,450 485,310,823,603
Percentage of the other 0.4 % 22914 %

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

Lesotho Norway
Position in the ranking of countries 155 (2023) 27 (2023)
GNI [US$] 2,576,299,023 507,846,254,957
Percentage of the other 0.5 % 19712.2 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Lesotho Norway
Position in the ranking of countries 86 (2023) 11 (2023)
External balance [US$] -1,179,022,982 71,491,259,072
Percentage of the other -1.6 % -6063.6 %

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

Lesotho Norway
Position in the ranking of countries 86 (2023) 11 (2023)
Unemployment [%] 16.15 3.97
Percentage of the other 406.8 % 24.6 %

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(India)

Lesotho Norway
Position in the ranking of countries 141 (2023) 114 (2023)
Population 2,311,472 5,519,594
Percentage of the other 41.9 % 238.8 %

Population growth (annual %)

Density

Gender

Demography