Lesotho recorded a government debt equivalent to 40.90 percent of the country's Gross Domestic Product in 2018.

Government Debt to GDP in Lesotho averaged 51.93 percent from 1990 until 2018, reaching an all time high of 88.66 percent in 1990 and a record low of 35.60 percent in 2017. This page provides the latest reported value for - Lesotho Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Lesotho Government Debt to GDP - values, historical data and charts - was last updated on July of 2020.

Government Debt to GDP in Lesotho is expected to reach 60.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lesotho Government Debt to GDP is projected to trend around 56.00 percent in 2021 and 52.00 percent in 2022, according to our econometric models.

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Lesotho Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
40.90 35.60 88.66 35.60 1990 - 2018 percent Yearly

Lesotho Government Last Previous Highest Lowest Unit
Government Debt to GDP 40.90 35.60 88.66 35.60 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 35.00 [+]

Lesotho Government Debt to GDP
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.