Lesotho - Revenue, excluding grants (% of GDP)

Revenue, excluding grants (% of GDP) in Lesotho was 37.19 as of 2019. Its highest value over the past 35 years was 45.69 in 2009, while its lowest value was 27.71 in 1999.

Definition: Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1984 44.02
1986 35.70
1987 36.56
1988 34.06
1989 40.41
1991 34.47
1992 30.87
1993 33.67
1994 34.97
1995 35.68
1996 32.70
1997 34.17
1998 30.73
1999 27.71
2000 29.42
2001 30.03
2002 29.59
2003 32.93
2004 33.40
2005 32.80
2006 38.79
2007 45.16
2008 44.97
2009 45.69
2010 41.31
2011 37.19
2012 43.77
2013 42.37
2014 42.03
2015 39.18
2016 35.42
2017 38.34
2018 37.64
2019 37.19

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance