Goods and services expense in Lesotho
Lesotho: Goods and services expense was 2.38 billion current LCU in 2024. ◆ Volatile
Goods and services expense in Lesotho, 1982–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Lesotho recorded 2.38 billion current LCU for goods and services expense in 2024.
Compared with earlier readings it is down 6.0% over ten years.
Over the whole period, goods and services expense in Lesotho peaked at 3.47 billion current LCU in 2016 and was at its lowest, 27.13 million current LCU, in 1982.
That places Lesotho 124th out of 155 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Goods and services expense in Lesotho, year by year
| Year | current LCU | Change |
|---|---|---|
| 1982 | 27.13 million current LCU | — |
| 1983 | 43.50 million current LCU | +60.4% |
| 1984 | 55.16 million current LCU | +26.8% |
| 1985 | 64.02 million current LCU | +16.1% |
| 1987 | 129.19 million current LCU | +101.8% |
| 1988 | 143.47 million current LCU | +11.1% |
| 1989 | 123.54 million current LCU | -13.9% |
| 1991 | 156.44 million current LCU | +26.6% |
| 1992 | 233.43 million current LCU | +49.2% |
| 1993 | 204.34 million current LCU | -12.5% |
| 1994 | 264.00 million current LCU | +29.2% |
| 1995 | 312.57 million current LCU | +18.4% |
| 1996 | 363.83 million current LCU | +16.4% |
| 1997 | 478.29 million current LCU | +31.5% |
| 1998 | 607.40 million current LCU | +27.0% |
| 1999 | 575.40 million current LCU | -5.3% |
| 2000 | 611.94 million current LCU | +6.4% |
| 2001 | 816.87 million current LCU | +33.5% |
| 2002 | 941.10 million current LCU | +15.2% |
| 2003 | 953.80 million current LCU | +1.3% |
| 2004 | 974.10 million current LCU | +2.1% |
| 2005 | 1.08 billion current LCU | +11.3% |
| 2006 | 1.43 billion current LCU | +31.9% |
| 2007 | 1.43 billion current LCU | -0.2% |
| 2008 | 2.11 billion current LCU | +47.9% |
| 2009 | 1.94 billion current LCU | -8.1% |
| 2010 | 1.50 billion current LCU | -22.7% |
| 2011 | 1.67 billion current LCU | +11.3% |
| 2012 | 1.89 billion current LCU | +13.3% |
| 2013 | 2.53 billion current LCU | +33.9% |
| 2014 | 2.53 billion current LCU | +0.1% |
| 2015 | 2.92 billion current LCU | +15.2% |
| 2016 | 3.47 billion current LCU | +18.7% |
| 2017 | 2.67 billion current LCU | -23.0% |
| 2018 | 3.11 billion current LCU | +16.7% |
| 2019 | 3.16 billion current LCU | +1.6% |
| 2020 | 2.33 billion current LCU | -26.3% |
| 2021 | 2.15 billion current LCU | -7.6% |
| 2022 | 2.54 billion current LCU | +18.0% |
| 2023 | 2.38 billion current LCU | -6.3% |
| 2024 | 2.38 billion current LCU | +0.0% |
Lesotho compared with similar countries
- Lesotho's 2.38 billion current LCU is below the median for lower middle income countries, which is 33.45 billion current LCU, 7% of the median. (36 countries reporting)
- Lesotho's 2.38 billion current LCU is below the median for Sub-Saharan Africa, which is 189.83 billion current LCU, 1% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 83.72 million current LCU | 27.13 million current LCU | 143.47 million current LCU | 7 |
| 1990s | 355.08 million current LCU | 156.44 million current LCU | 607.40 million current LCU | 9 |
| 2000s | 1.23 billion current LCU | 611.94 million current LCU | 2.11 billion current LCU | 10 |
| 2010s | 2.55 billion current LCU | 1.50 billion current LCU | 3.47 billion current LCU | 10 |
| 2020s | 2.36 billion current LCU | 2.15 billion current LCU | 2.54 billion current LCU | 5 |
Countries ranked near Lesotho
More public sector data for Lesotho
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is goods and services expense in Lesotho?
- Goods and services expense in Lesotho was 2.38 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Lesotho?
- The highest recorded value was 3.47 billion current LCU in 2016.
- What is the lowest goods and services expense recorded in Lesotho?
- The lowest recorded value was 27.13 million current LCU in 1982.
- How does Lesotho rank for goods and services expense?
- Lesotho ranks 124th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Lesotho?
- Over the last ten years it is down 6.0%. The long-run trend across the full record is volatile.
- Where does this Lesotho data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.