Goods and services expense (% of expense) in Lesotho
Lesotho: Goods and services expense (% of expense) was 16.4% in 2022. ▼ Falling
Goods and services expense in Lesotho, 1987–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for goods and services expense in Lesotho is 16.4%, measured in 2022.
The figure is up 3.5% on the previous year and down 29.3% over ten years.
Over the whole period, goods and services expense in Lesotho peaked at 40.4% in 1987 and was at its lowest, 15.8%, in 2021.
That places Lesotho 62nd out of 154 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 35 years of available data.
Goods and services expense (% of expense) in Lesotho, year by year
| Year | % of expense | Change |
|---|---|---|
| 1987 | 40.4% | — |
| 1988 | 36.2% | -10.4% |
| 1989 | 27.5% | -24.0% |
| 1991 | 27.4% | -0.5% |
| 1992 | 32.8% | +20.0% |
| 1993 | 26.4% | -19.6% |
| 1994 | 25.8% | -2.3% |
| 1995 | 26.5% | +2.8% |
| 1996 | 29.9% | +12.7% |
| 1997 | 31.7% | +6.2% |
| 1998 | 29.9% | -5.6% |
| 1999 | 29.8% | -0.4% |
| 2000 | 29.4% | -1.5% |
| 2001 | 34.2% | +16.5% |
| 2002 | 33.3% | -2.6% |
| 2003 | 32.1% | -3.7% |
| 2004 | 31.0% | -3.5% |
| 2005 | 30.3% | -2.2% |
| 2006 | 32.2% | +6.2% |
| 2007 | 29.0% | -9.8% |
| 2008 | 31.1% | +7.1% |
| 2009 | 25.2% | -19.0% |
| 2010 | 21.5% | -14.5% |
| 2011 | 21.8% | +1.4% |
| 2012 | 23.2% | +6.2% |
| 2013 | 26.0% | +11.9% |
| 2014 | 25.0% | -3.8% |
| 2015 | 25.4% | +1.6% |
| 2016 | 27.5% | +8.3% |
| 2017 | 21.9% | -20.4% |
| 2018 | 23.4% | +7.3% |
| 2019 | 23.3% | -0.5% |
| 2020 | 15.9% | -31.7% |
| 2021 | 15.8% | -0.5% |
| 2022 | 16.4% | +3.5% |
Lesotho compared with similar countries
- Lesotho's 16.4% is above the median for lower middle income countries, which is 16.3%, 1.0× the median. (36 countries reporting)
- Lesotho's 16.4% is below the median for Sub-Saharan Africa, which is 18.9%, 87% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 34.7% | 27.5% | 40.4% | 3 |
| 1990s | 28.9% | 25.8% | 32.8% | 9 |
| 2000s | 30.8% | 25.2% | 34.2% | 10 |
| 2010s | 23.9% | 21.5% | 27.5% | 10 |
| 2020s | 16.1% | 15.8% | 16.4% | 3 |
Countries ranked near Lesotho
- 59 Bosnia and Herzegovina 17.0% compare
- 60 Nicaragua 17.0% compare
- 61 Togo 16.7% compare
- 63 Cote d'Ivoire 16.2% compare
- 64 Eswatini 16.1% compare
- 65 Kazakhstan 16.1% compare
More public sector data for Lesotho
- Democracy, 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)
- Elected parliament, 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)
- Arms imports 1.00 million SIPRI trend indicator values (2019)
- Arms imports (SIPRI trend indicator values), per capita 0.4526 SIPRI trend indicator values per person (2019)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0004 SIPRI trend indicator values per US$ of GDP (2019)
- Arms imports (SIPRI trend indicator values), gaps filled 1.00 million SIPRI trend indicator values (2019)
Frequently asked questions
- What is goods and services expense in Lesotho?
- Goods and services expense in Lesotho was 16.4% in 2022, 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 40.4% in 1987.
- What is the lowest goods and services expense recorded in Lesotho?
- The lowest recorded value was 15.8% in 2021.
- How does Lesotho rank for goods and services expense?
- Lesotho ranks 62nd out of 154 countries with data for 2022.
- Is goods and services expense rising or falling in Lesotho?
- Over the last ten years it is down 29.3%. The long-run trend across the full record is falling.
- 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 (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.