Lesotho - Military expenditure (current LCU)

The value for Military expenditure (current LCU) in Lesotho was 647,800,000 as of 2019. As the graph below shows, over the past 43 years this indicator reached a maximum value of 697,925,000 in 2017 and a minimum value of 1,992,500 in 1976.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

Year Value
1976 1,992,500
1977 2,417,500
1978 3,490,000
1979 4,522,500
1980 9,065,000
1981 10,875,000
1982 16,250,000
1983 15,675,000
1984 18,125,000
1985 23,775,000
1986 30,550,000
1987 36,875,000
1988 38,550,000
1989 59,300,000
1990 62,525,000
1991 61,600,000
1992 69,125,000
1993 72,350,000
1994 91,800,000
1995 124,675,000
1996 121,875,000
1997 132,250,000
1998 153,725,000
1999 208,200,000
2000 212,050,000
2001 201,375,000
2002 206,175,000
2003 207,000,000
2004 202,750,000
2005 213,800,000
2006 238,525,000
2007 280,650,000
2008 225,950,000
2009 401,650,000
2010 517,325,000
2011 422,375,000
2012 437,100,000
2013 462,875,000
2014 517,600,000
2015 561,723,800
2016 610,816,300
2017 697,925,000
2018 676,375,000
2019 647,800,000

Periodicity: Annual

General Comments: Data for some countries are based on partial or uncertain data or rough estimates. For additional details please refer to the military expenditure database on the SIPRI website: https://sipri.org/databases/milex

Classification

Topic: Public Sector Indicators

Sub-Topic: Defense & arms trade