Taxes on goods and services in Lesotho
Lesotho: Taxes on goods and services was 32.7% in 2024. ▲ Rising
Taxes on goods and services in Lesotho, 1984–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, taxes on goods and services in Lesotho stood at 32.7%.
The figure is down 1.6% on the previous year and up 7.1% over ten years.
Over the whole period, taxes on goods and services in Lesotho peaked at 33.2% in 2023 and was at its lowest, 7.6%, in 1984.
That places Lesotho 65th out of 156 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 39 years of available data.
Taxes on goods and services in Lesotho, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1984 | 7.6% | — |
| 1986 | 20.3% | +166.2% |
| 1987 | 18.4% | -9.0% |
| 1988 | 19.4% | +5.2% |
| 1989 | 17.6% | -9.0% |
| 1991 | 30.1% | +70.7% |
| 1992 | 32.7% | +8.5% |
| 1993 | 33.0% | +1.0% |
| 1994 | 29.1% | -11.9% |
| 1995 | 28.0% | -3.8% |
| 1996 | 26.3% | -6.1% |
| 1997 | 29.6% | +12.7% |
| 1998 | 27.6% | -6.7% |
| 1999 | 30.2% | +9.2% |
| 2000 | 26.4% | -12.7% |
| 2001 | 27.5% | +4.4% |
| 2002 | 26.8% | -2.4% |
| 2003 | 28.2% | +5.1% |
| 2004 | 31.3% | +11.0% |
| 2005 | 31.0% | -1.0% |
| 2006 | 29.7% | -4.0% |
| 2007 | 30.3% | +1.8% |
| 2008 | 28.2% | -6.8% |
| 2009 | 28.0% | -0.7% |
| 2010 | 24.0% | -14.2% |
| 2011 | 25.1% | +4.4% |
| 2012 | 27.5% | +9.4% |
| 2013 | 27.9% | +1.6% |
| 2014 | 30.5% | +9.5% |
| 2015 | 30.0% | -1.6% |
| 2016 | 28.6% | -4.7% |
| 2017 | 31.0% | +8.3% |
| 2018 | 30.8% | -0.7% |
| 2019 | 32.3% | +5.0% |
| 2020 | 30.9% | -4.5% |
| 2021 | 29.8% | -3.4% |
| 2022 | 31.4% | +5.2% |
| 2023 | 33.2% | +6.0% |
| 2024 | 32.7% | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 16.7% | 7.6% | 20.3% | 5 |
| 1990s | 29.6% | 26.3% | 33.0% | 9 |
| 2000s | 28.7% | 26.4% | 31.3% | 10 |
| 2010s | 28.8% | 24.0% | 32.3% | 10 |
| 2020s | 31.6% | 29.8% | 33.2% | 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 taxes on goods and services in Lesotho?
- Taxes on goods and services in Lesotho was 32.7% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Lesotho?
- The highest recorded value was 33.2% in 2023.
- What is the lowest taxes on goods and services recorded in Lesotho?
- The lowest recorded value was 7.6% in 1984.
- How does Lesotho rank for taxes on goods and services?
- Lesotho ranks 65th out of 156 countries with data for 2024.
- Is taxes on goods and services rising or falling in Lesotho?
- Over the last ten years it is up 7.1%. 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 Taxes on goods and services (% of revenue). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.