Compensation of employees in Lesotho
Lesotho: Compensation of employees was 7.08 billion current LCU in 2024. ◆ Volatile
Compensation of employees in Lesotho, 1982–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, compensation of employees in Lesotho stood at 7.08 billion current LCU. That is the highest value across all 41 years on record.
The figure is up 63.9% over ten years.
Over the whole period, compensation of employees in Lesotho peaked at 7.08 billion current LCU in 2023 and was at its lowest, 57.37 million current LCU, in 1982.
Lesotho ranks 118th of 156 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 108.99 million current LCU | 57.37 million current LCU | 174.35 million current LCU | 7 |
| 1990s | 566.10 million current LCU | 277.63 million current LCU | 865.70 million current LCU | 9 |
| 2000s | 1.43 billion current LCU | 902.84 million current LCU | 2.69 billion current LCU | 10 |
| 2010s | 4.50 billion current LCU | 2.82 billion current LCU | 5.99 billion current LCU | 10 |
| 2020s | 6.65 billion current LCU | 6.03 billion current LCU | 7.08 billion current LCU | 5 |
Countries ranked near Lesotho
- 115 Eswatini 8.23 billion current LCU compare
- 116 Luxembourg 7.67 billion current LCU compare
- 117 Bulgaria 7.30 billion current LCU compare
- 119 Azerbaijan 5.05 billion current LCU compare
- 120 Bolivia 4.99 billion current LCU compare
- 121 Bosnia and Herzegovina 4.92 billion current LCU compare
More public sector data for Lesotho
- Arms imports 1.00 million SIPRI trend indicator values (2019)
- Tax revenue 35.4% (2024)
- Taxes on income, profits and capital gains 20.4% (2024)
- Taxes on goods and services 32.7% (2024)
- Net investment in nonfinancial assets 7.7% (2024)
- Net lending (+) / net borrowing (-) 7.2% (2024)
- Interest payments 3.5% (2024)
- Grants and other revenue 34.0% (2024)
- Interest payments 4.0% (2022)
- Other taxes 0.0% (2023)
Frequently asked questions
- What is compensation of employees in Lesotho?
- Compensation of employees in Lesotho was 7.08 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Lesotho?
- The highest recorded value was 7.08 billion current LCU in 2023.
- What is the lowest compensation of employees recorded in Lesotho?
- The lowest recorded value was 57.37 million current LCU in 1982.
- How does Lesotho rank for compensation of employees?
- Lesotho ranks 118th out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Lesotho?
- Over the last ten years it is up 63.9%. 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 Compensation of employees (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.