Taxes on income, profits and capital gains in Lesotho
Lesotho: Taxes on income, profits and capital gains was 20.4% in 2024. ▲ Rising
Taxes on income, profits and capital gains 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 income, profits and capital gains in Lesotho stood at 20.4%.
The figure is up 0.9% on the previous year and down 2.8% over ten years.
Over the whole period, taxes on income, profits and capital gains in Lesotho peaked at 26.5% in 2016 and was at its lowest, 8.2%, in 1984.
That places Lesotho 90th out of 153 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 income, profits and capital gains in Lesotho, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1984 | 8.2% | — |
| 1986 | 9.7% | +17.6% |
| 1987 | 10.1% | +4.5% |
| 1988 | 9.5% | -5.4% |
| 1989 | 8.8% | -8.1% |
| 1991 | 17.3% | +97.6% |
| 1992 | 17.2% | -0.6% |
| 1993 | 13.3% | -22.7% |
| 1994 | 15.3% | +14.8% |
| 1995 | 14.8% | -2.9% |
| 1996 | 16.2% | +9.3% |
| 1997 | 16.1% | -1.0% |
| 1998 | 18.5% | +15.3% |
| 1999 | 19.6% | +5.6% |
| 2000 | 17.4% | -11.2% |
| 2001 | 21.5% | +23.8% |
| 2002 | 20.7% | -3.9% |
| 2003 | 24.8% | +20.1% |
| 2004 | 21.2% | -14.5% |
| 2005 | 19.8% | -6.8% |
| 2006 | 14.6% | -26.0% |
| 2007 | 16.7% | +14.0% |
| 2008 | 16.9% | +1.3% |
| 2009 | 18.8% | +11.0% |
| 2010 | 21.6% | +15.3% |
| 2011 | 24.9% | +14.9% |
| 2012 | 17.9% | -28.2% |
| 2013 | 20.2% | +13.0% |
| 2014 | 21.0% | +3.9% |
| 2015 | 23.8% | +13.4% |
| 2016 | 26.5% | +11.5% |
| 2017 | 23.4% | -11.7% |
| 2018 | 25.4% | +8.7% |
| 2019 | 24.6% | -3.2% |
| 2020 | 20.0% | -18.9% |
| 2021 | 22.3% | +11.6% |
| 2022 | 23.3% | +4.5% |
| 2023 | 20.2% | -13.2% |
| 2024 | 20.4% | +0.9% |
Lesotho compared with similar countries
- Lesotho's 20.4% is below the median for lower middle income countries, which is 25.8%, 79% of the median. (35 countries reporting)
- Lesotho's 20.4% is below the median for Sub-Saharan Africa, which is 25.5%, 80% of the median. (35 countries reporting)
Biggest year-on-year movements
Years where Taxes on income, profits and capital gains in Lesotho changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +97.6% | 8.8% | 17.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.3% | 8.2% | 10.1% | 5 |
| 1990s | 16.5% | 13.3% | 19.6% | 9 |
| 2000s | 19.2% | 14.6% | 24.8% | 10 |
| 2010s | 22.9% | 17.9% | 26.5% | 10 |
| 2020s | 21.2% | 20.0% | 23.3% | 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 income, profits and capital gains in Lesotho?
- Taxes on income, profits and capital gains in Lesotho was 20.4% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Lesotho?
- The highest recorded value was 26.5% in 2016.
- What is the lowest taxes on income, profits and capital gains recorded in Lesotho?
- The lowest recorded value was 8.2% in 1984.
- How does Lesotho rank for taxes on income, profits and capital gains?
- Lesotho ranks 90th out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Lesotho?
- Over the last ten years it is down 2.8%. 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 income, profits and capital gains (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.