Customs and other import duties in Lesotho
Lesotho: Customs and other import duties was 3.04 billion current LCU in 2024. ◆ Volatile
Customs and other import duties in Lesotho, 1982–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Lesotho recorded 3.04 billion current LCU for customs and other import duties in 2024. That is the highest value across all 42 years on record.
That represents a change of up 44.3% over ten years.
Over the whole period, customs and other import duties in Lesotho peaked at 3.04 billion current LCU in 2023 and was at its lowest, 76.75 million current LCU, in 1982.
That places Lesotho 85th out of 152 countries with data for 2024, putting it in the middle of the range.
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 | 157.34 million current LCU | 76.75 million current LCU | 263.77 million current LCU | 8 |
| 1990s | 262.06 million current LCU | 127.22 million current LCU | 354.93 million current LCU | 9 |
| 2000s | 829.15 million current LCU | 338.71 million current LCU | 1.48 billion current LCU | 10 |
| 2010s | 1.60 billion current LCU | 788.37 million current LCU | 2.11 billion current LCU | 10 |
| 2020s | 2.44 billion current LCU | 1.62 billion current LCU | 3.04 billion current LCU | 5 |
Countries ranked near Lesotho
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 customs and other import duties in Lesotho?
- Customs and other import duties in Lesotho was 3.04 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Lesotho?
- The highest recorded value was 3.04 billion current LCU in 2023.
- What is the lowest customs and other import duties recorded in Lesotho?
- The lowest recorded value was 76.75 million current LCU in 1982.
- How does Lesotho rank for customs and other import duties?
- Lesotho ranks 85th out of 152 countries with data for 2024.
- Is customs and other import duties rising or falling in Lesotho?
- Over the last ten years it is up 44.3%. 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 Customs and other import duties (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 42 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. 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.