Net incurrence of liabilities, total in Lesotho
Lesotho: Net incurrence of liabilities, total was 272.10 million current LCU in 2023. ◆ Volatile
Net incurrence of liabilities, total in Lesotho, 1987–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net incurrence of liabilities, total in Lesotho is 272.10 million current LCU, measured in 2023.
That represents a change of down 75.8% on the previous year and down 47.4% over ten years.
Over the whole period, net incurrence of liabilities, total in Lesotho peaked at 1.57 billion current LCU in 2021 and was at its lowest, -3.80 billion current LCU, in 2019.
Lesotho ranks 111th of 136 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 | 148.38 million current LCU | 103.37 million current LCU | 181.24 million current LCU | 3 |
| 1990s | 180.49 million current LCU | -180.68 million current LCU | 638.58 million current LCU | 9 |
| 2000s | -37.36 million current LCU | -560.50 million current LCU | 340.14 million current LCU | 10 |
| 2010s | 78.05 million current LCU | -3.80 billion current LCU | 1.13 billion current LCU | 10 |
| 2020s | 940.97 million current LCU | 272.10 million current LCU | 1.57 billion current LCU | 4 |
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 net incurrence of liabilities, total in Lesotho?
- Net incurrence of liabilities, total in Lesotho was 272.10 million current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Lesotho?
- The highest recorded value was 1.57 billion current LCU in 2021.
- What is the lowest net incurrence of liabilities, total recorded in Lesotho?
- The lowest recorded value was -3.80 billion current LCU in 2019.
- How does Lesotho rank for net incurrence of liabilities, total?
- Lesotho ranks 111th out of 136 countries with data for 2023.
- Is net incurrence of liabilities, total rising or falling in Lesotho?
- Over the last ten years it is down 47.4%. 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 Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.