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Lesotho Government Spending

Government expenditure as % of GDP  GC.XPN.TOTL.GD.ZS

Lesotho's government spending was 40.44% in 2025, ranked 20th globally. This represents a 0.5% increase from 2024. Data from World Bank, covering 1987–2025.

40.44% +0.20% (+0.5%)
Year 2025 Rank #20 Global Peak 52.18% (2009) Source World Bank

Lesotho Government Spending (1987–2025)

Overview

Lesotho's government spending stood at 40.44% in 2025, a rise of +0.20% from 2022. Based on recent trends, this figure is projected to reach 40.44% by 2025. Lesotho ranked 20th globally.

Lesotho’s government spending as a share of GDP stood at 40.44 percent in 2025, placing the kingdom twentieth in the world and closely matching the 40.66 percent recorded by New Zealand, its nearest peer by rank. Over the 36‑year series from 1987 to 2025, the fiscal share rose modestly from 38.98 percent to the current level, yet the most pronounced swing occurred between the all‑time trough of 28.35 percent in 1993 and the all‑time peak of 52.18 percent in 2009, a period that encompassed heightened public investment in health and education amid post‑conflict reconstruction. The post‑2009 decline reflects a gradual re‑balancing of expenditures, but the persistence of a share above the 1987 baseline suggests a sustained commitment to public services relative to many lower‑spending economies. Continued fiscal consolidation, coupled with reforms to improve revenue collection, will be pivotal in determining whether the upward trajectory stabilises or reverses in the coming years.

Data & projection

Year Government Spending YoY change Rank
2025* trend 40.44% - -
2025 40.44% +0.20% #20
2022 40.23% +2.13% #98
2021 38.11% −5.18% #102
2020 43.29% +4.04% #118
2019 39.25% −0.00% #124
2018 39.25% −0.47% #124
2017 39.72% −0.87% #131
2016 40.58% +2.34% #131
2015 38.24% −0.08% #125
2014 38.32% −4.39% #117
2013 42.71% +2.65% #118
2012 40.05% −0.74% #116
2011 40.80% −1.75% #110
2010 42.54% −9.64% #113
2009 52.18% +5.69% #121
Show all years (1987-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +18.0% GDP growth 2.9% C/A balance 3.9%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Lesotho matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw government spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Lesotho's government spending?▾

Lesotho's government spending was 40.44% in 2025. Ranked 20th globally. This represents a 0.5% increase from the previous year.

What was the highest government spending in Lesotho?▾

Lesotho's government spending peaked at 52.18% in 2009.

What was the lowest government spending in Lesotho?▾

The lowest government spending in Lesotho was 28.35% in 1993.

How does Lesotho rank in government spending?▾

Lesotho ranks 20th globally in government spending as of 2025.

What is the World Bank indicator code for government spending?▾

The World Bank indicator code is GC.XPN.TOTL.GD.ZS. Data sourced from World Bank.

What is the projected government spending of Lesotho in 2025?▾

Lesotho's government spending is projected to reach 40.44% by 2025 based on trend extrapolation.

What is the government spending of Lesotho in 2025?▾

The government spending of Lesotho in 2025 was 40.44%. This ranks 20th in the world.

Cite this page

APA
Lesotho Government Spending. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/lesotho/government-spending/
BibTeX
@misc{historysaid_lesotho_government-spending, title = {Lesotho Government Spending}, url = {https://historysaid.com/lesotho/government-spending/}, publisher = {HistorySaid}, year = {2026} }
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