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Government Finance of Lesotho

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

40.3% 9.8% 49.6%
  • Personal income taxes: 40.3%
  • Corporate income taxes: 9.8%
  • Goods and services taxes: 49.6%
Show table
Personal income taxes
40.3%
Corporate income taxes
9.8%
Goods and services taxes
49.6%

Source: OECD Global Revenue Statistics Database, 2023.

Government Debt

Government Gross Debt (% of GDP) 49% #104 / 184 2026
Government Gross Debt (Local currency - LSL) 24.8B - 2026
Government Net Debt (% of GDP) 2.6% #82 / 86 2026
Government Net Debt (Local currency - LSL) 1.33B - 2026

Fiscal Balance

Fiscal Balance (% of GDP) 4.2% #7 / 189 2026
Fiscal Balance (Local currency - LSL) 2.12B - 2026
Primary Fiscal Balance (% of GDP) 6.1% #2 / 182 2026
Primary Fiscal Balance (Local currency - LSL) 3.08B - 2026

Revenue and Spending

Government Revenue (% of GDP) 56.8% #9 / 189 2026
Government Revenue (Local currency - LSL) 28.7B - 2026
Government Spending (% of GDP) 52.6% #13 / 189 2026
Government Spending (Local currency - LSL) 26.6B - 2026

International Reserves

Total Reserves (USD) 1.01B #133 / 163 2024

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