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Lesotho, Economy

The economy of Lesotho is based almost entirely on agriculture, livestock raising, and the earnings of Basothos employed outside the country. About two-fifths of the adult male labor force works in South Africa. Gross domestic product, which does not reflect remittances from workers out of the country, stood at $899 million in 2000, or $440 per person. Tourism, particularly from South Africa, has expanded rapidly. In 1998 the estimated annual budget included revenues of $392 million with expenditures totaling $442 million.

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