Lesotho recorded a Government Debt to GDP of 59 percent of the country's Gross Domestic Product in 2023. Government Debt to GDP in Lesotho averaged 52.27 percent of GDP from 1990 until 2023, reaching an all time high of 88.66 percent of GDP in 1990 and a record low of 36.90 percent of GDP in 2011. source: Central Bank of Lesotho

Government Debt to GDP in Lesotho is expected to reach 58.00 percent of GDP by the end of 2024, 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 57.00 percent of GDP in 2025, according to our econometric models.




Related Last Previous Unit Reference
Credit Rating 30.00 Nov 2024
Government Budget -2.20 -2.00 percent of GDP Dec 2022
Government Debt to GDP 59.00 59.90 percent of GDP Dec 2023
Holidays
Military Expenditure 34.00 34.70 USD Million Dec 2023

Lesotho Government Debt to GDP
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
59.00 59.90 88.66 36.90 1990 - 2023 percent of GDP Yearly