Lesotho recorded a Government Budget deficit equal to 3.70 percent of the country's Gross Domestic Product in 2018. source: Central Bank of Lesotho

Government Budget in Lesotho averaged 0.71 percent of GDP from 1990 until 2018, reaching an all time high of 11.60 percent of GDP in 2007 and a record low of -9.50 percent of GDP in 2016. This page provides - Lesotho Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Lesotho Government Budget - values, historical data and charts - was last updated on February of 2021.

Government Budget in Lesotho is expected to reach -8.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lesotho Government Budget is projected to trend around -5.00 percent of GDP in 2021 and -3.00 percent of GDP in 2022, according to our econometric models.

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Lesotho Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-3.70 -4.00 11.60 -9.50 1990 - 2018 percent of GDP Yearly

Lesotho Government Last Previous Highest Lowest Unit
Government Debt to GDP 51.70 46.50 88.66 36.90 percent [+]
Government Budget -3.70 -4.00 11.60 -9.50 percent of GDP [+]
Military Expenditure 48.00 52.60 56.60 7.20 USD Million [+]
Credit Rating 30.00 [+]

Lesotho Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.