Military expenditure in Lesotho
Lesotho: Military expenditure was 665.20 million current LCU in 2024. ◆ Volatile
Military expenditure in Lesotho, 1976–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
In 2024, military expenditure in Lesotho stood at 665.20 million current LCU.
Compared with earlier readings it is up 4.7% on the previous year and up 28.5% over ten years.
Over the whole period, military expenditure in Lesotho peaked at 697.92 million current LCU in 2017 and was at its lowest, 1.99 million current LCU, in 1976.
Lesotho ranks 149th of 167 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 |
|---|---|---|---|---|
| 1970s | 3.11 million current LCU | 1.99 million current LCU | 4.52 million current LCU | 4 |
| 1980s | 25.90 million current LCU | 9.06 million current LCU | 59.30 million current LCU | 10 |
| 1990s | 109.81 million current LCU | 61.60 million current LCU | 208.20 million current LCU | 10 |
| 2000s | 238.99 million current LCU | 201.38 million current LCU | 401.65 million current LCU | 10 |
| 2010s | 555.19 million current LCU | 422.38 million current LCU | 697.92 million current LCU | 10 |
| 2020s | 610.20 million current LCU | 547.40 million current LCU | 665.20 million current LCU | 5 |
Countries ranked near Lesotho
- 146 Sierra Leone 817.89 million current LCU compare
- 147 Luxembourg 805.80 million current LCU compare
- 148 Brunei 748.53 million current LCU compare
- 150 Cyprus 553.00 million current LCU compare
- 151 Bahrain 520.37 million current LCU compare
- 152 El Salvador 425.20 million 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 military expenditure in Lesotho?
- Military expenditure in Lesotho was 665.20 million current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Lesotho?
- The highest recorded value was 697.92 million current LCU in 2017.
- What is the lowest military expenditure recorded in Lesotho?
- The lowest recorded value was 1.99 million current LCU in 1976.
- How does Lesotho rank for military expenditure?
- Lesotho ranks 149th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Lesotho?
- Over the last ten years it is up 28.5%. The long-run trend across the full record is volatile.
- Where does this Lesotho data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Military expenditure in local currency at current prices (by calendar year)