Taxes on international trade in Lesotho
Lesotho: Taxes on international trade was 13.0% in 2024. ◆ Volatile
Taxes on international trade 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 international trade in Lesotho stood at 13.0%.
Compared with earlier readings it is up 0.9% on the previous year and down 10.5% over ten years.
Over the whole period, taxes on international trade in Lesotho peaked at 63.5% in 1984 and was at its lowest, 8.6%, in 2011.
Lesotho ranks 27th of 154 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on international trade in Lesotho, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1984 | 63.5% | — |
| 1986 | 50.4% | -20.6% |
| 1987 | 43.6% | -13.6% |
| 1988 | 42.0% | -3.6% |
| 1989 | 39.1% | -6.9% |
| 1991 | 14.7% | -62.5% |
| 1992 | 16.2% | +10.7% |
| 1993 | 17.8% | +9.4% |
| 1994 | 16.6% | -6.7% |
| 1995 | 15.1% | -8.7% |
| 1996 | 16.2% | +7.0% |
| 1997 | 16.2% | +0.3% |
| 1998 | 14.7% | -9.7% |
| 1999 | 17.3% | +17.9% |
| 2000 | 13.8% | -20.0% |
| 2001 | 15.1% | +9.4% |
| 2002 | 13.7% | -9.7% |
| 2003 | 11.6% | -14.7% |
| 2004 | 14.3% | +22.6% |
| 2005 | 14.9% | +4.1% |
| 2006 | 17.9% | +20.1% |
| 2007 | 16.9% | -5.5% |
| 2008 | 16.2% | -4.2% |
| 2009 | 15.6% | -3.3% |
| 2010 | 8.7% | -44.7% |
| 2011 | 8.6% | -0.8% |
| 2012 | 13.6% | +58.7% |
| 2013 | 13.7% | +0.5% |
| 2014 | 14.5% | +5.8% |
| 2015 | 12.5% | -13.4% |
| 2016 | 9.6% | -23.0% |
| 2017 | 12.1% | +25.5% |
| 2018 | 10.6% | -12.8% |
| 2019 | 11.3% | +7.5% |
| 2020 | 14.5% | +27.4% |
| 2021 | 9.8% | -32.0% |
| 2022 | 8.8% | -10.8% |
| 2023 | 12.8% | +46.6% |
| 2024 | 13.0% | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 47.7% | 39.1% | 63.5% | 5 |
| 1990s | 16.1% | 14.7% | 17.8% | 9 |
| 2000s | 15.0% | 11.6% | 17.9% | 10 |
| 2010s | 11.5% | 8.6% | 14.5% | 10 |
| 2020s | 11.8% | 8.8% | 14.5% | 5 |
Countries ranked near Lesotho
- 24 Solomon Islands 13.5% compare
- 25 Kazakhstan 13.2% compare
- 26 Fiji 13.0% compare
- 28 Saint Kitts and Nevis 12.9% compare
- 29 Sri Lanka 12.8% compare
- 30 Seychelles 12.4% compare
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 international trade in Lesotho?
- Taxes on international trade in Lesotho was 13.0% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Lesotho?
- The highest recorded value was 63.5% in 1984.
- What is the lowest taxes on international trade recorded in Lesotho?
- The lowest recorded value was 8.6% in 2011.
- How does Lesotho rank for taxes on international trade?
- Lesotho ranks 27th out of 154 countries with data for 2024.
- Is taxes on international trade rising or falling in Lesotho?
- Over the last ten years it is down 10.5%. 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 Taxes on international trade (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. 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.