Tax revenue in Lesotho
Lesotho: Tax revenue was 35.4% in 2024. ▲ Rising
Tax revenue in Lesotho, 1982–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for tax revenue in Lesotho is 35.4%, measured in 2024.
That represents a change of down 11.5% on the previous year and down 2.5% over ten years.
Over the whole period, tax revenue in Lesotho peaked at 40.0% in 2023 and was at its lowest, 22.9%, in 2000.
Lesotho ranks 1st of 157 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 42 years of available data.
Tax revenue in Lesotho, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1982 | 29.0% | — |
| 1983 | 35.0% | +20.6% |
| 1984 | 38.7% | +10.7% |
| 1985 | 35.6% | -8.0% |
| 1986 | 31.7% | -10.9% |
| 1987 | 31.9% | +0.7% |
| 1988 | 30.6% | -4.0% |
| 1989 | 34.2% | +11.6% |
| 1991 | 27.8% | -18.8% |
| 1992 | 28.3% | +2.0% |
| 1993 | 29.7% | +4.8% |
| 1994 | 29.9% | +0.7% |
| 1995 | 28.8% | -3.8% |
| 1996 | 27.0% | -6.2% |
| 1997 | 29.2% | +8.3% |
| 1998 | 25.1% | -14.1% |
| 1999 | 24.7% | -1.4% |
| 2000 | 22.9% | -7.2% |
| 2001 | 25.8% | +12.4% |
| 2002 | 24.2% | -6.2% |
| 2003 | 27.1% | +12.1% |
| 2004 | 29.0% | +6.8% |
| 2005 | 28.6% | -1.3% |
| 2006 | 33.9% | +18.7% |
| 2007 | 39.3% | +15.9% |
| 2008 | 38.3% | -2.7% |
| 2009 | 40.0% | +4.5% |
| 2010 | 30.3% | -24.2% |
| 2011 | 30.2% | -0.3% |
| 2012 | 38.1% | +26.0% |
| 2013 | 35.9% | -5.7% |
| 2014 | 36.3% | +1.2% |
| 2015 | 33.8% | -7.0% |
| 2016 | 29.3% | -13.3% |
| 2017 | 33.0% | +12.7% |
| 2018 | 31.8% | -3.6% |
| 2019 | 32.5% | +2.3% |
| 2020 | 36.0% | +10.6% |
| 2021 | 31.9% | -11.5% |
| 2022 | 30.4% | -4.5% |
| 2023 | 40.0% | +31.4% |
| 2024 | 35.4% | -11.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 33.3% | 29.0% | 38.7% | 8 |
| 1990s | 27.8% | 24.7% | 29.9% | 9 |
| 2000s | 30.9% | 22.9% | 40.0% | 10 |
| 2010s | 33.1% | 29.3% | 38.1% | 10 |
| 2020s | 34.7% | 30.4% | 40.0% | 5 |
Countries ranked near Lesotho
More public sector data for Lesotho
- 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)
- Military expenditure (current USD), per capita 15.53 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0152 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 5.37 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 36.30 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 32.94 SIPRI trend indicator values per square kilometre (2019)
- Military expenditure (current USD), per square kilometre 1,135 current USD per square kilometre (2023)
Frequently asked questions
- What is tax revenue in Lesotho?
- Tax revenue in Lesotho was 35.4% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Lesotho?
- The highest recorded value was 40.0% in 2023.
- What is the lowest tax revenue recorded in Lesotho?
- The lowest recorded value was 22.9% in 2000.
- How does Lesotho rank for tax revenue?
- Lesotho ranks 1st out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Lesotho?
- Over the last ten years it is down 2.5%. The long-run trend across the full record is rising.
- 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 Tax revenue (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.