Lesotho: Fiscal balance, percent of GDP

* indicates monthly or quarterly data series

Fiscal balance, percent of GDP

 Latest value -5.50
 Year 2019
 Measure percent
 Data availability 1982 - 2019
 Average 0.21
 Min - Max -15.30 - 11.36
 Source African Development Bank
For that indicator, we provide data for Lesotho from 1982 to 2019. The average value for Lesotho during that period was 0.21 percent with a minimum of -15.3 percent in 1999 and a maximum of 11.36 percent in 2006. The latest value from 2019 is -5.5 percent. For comparison, the world average in 2019 based on 188 countries is -1.46 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Lesotho - Fiscal balance, percent of GDP - Recent values chart

Historical chart
Lesotho - Fiscal balance, percent of GDP - historical chart - 1982-2019

Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.

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 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 34.98 2022 percent
 Government spending, in dollars 0.78 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -5.50 2019 percent
 Government debt 59.86 2022 percent
 Tax revenue 32.05 2022 percent
 Commercial tax rate 13.60 2019 percent
 Tax preparation time 327 2019 hours
 Number of taxes 32 2019 taxes
 Taxes on goods and services 31.37 2022 percent
 Taxes on international trade 8.76 2022 percent
 Income and profits taxes 23.29 2022 percent
 Foreign aid 177.22 2021 million U.S. dollars
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