Defense expenditure in Lesotho

Lesotho: Defense expenditure was 1.25 billion current LCU in 2011. ◆ Volatile

Latest (2011)
1.25 billion current LCU
Change on year
up 9.8%
World rank
18th
of 29 countries
All-time high
1.25 billion current LCU
in 2011
All-time low
19.50 million current LCU
in 1980
Years of data
32
1980–2011

Defense expenditure in Lesotho, 1980–2011

0250.0M500.0M750.0M1.0B1.2B1980199520111980: 19.5M current LCU1981: 21.2M current LCU1982: 23.1M current LCU1983: 23.8M current LCU1984: 27.1M current LCU1985: 40.4M current LCU1986: 67.1M current LCU1987: 64.4M current LCU1988: 74.9M current LCU1989: 101.3M current LCU1990: 69.9M current LCU1991: 116.1M current LCU1992: 120.5M current LCU1993: 142.6M current LCU1994: 150.7M current LCU1995: 182.2M current LCU1996: 213.0M current LCU1997: 320.5M current LCU1998: 377.7M current LCU1999: 466.0M current LCU2000: 524.2M current LCU2001: 482.6M current LCU2002: 501.1M current LCU2003: 516.1M current LCU2004: 573.1M current LCU2005: 462.0M current LCU2006: 542.0M current LCU2007: 681.4M current LCU2008: 996.8M current LCU2009: 1.1B current LCU2010: 1.1B current LCU2011: 1.3B current LCU

Source: World Bank country economists. Measured in current LCU.

Analysis

The most recent figure for defense expenditure in Lesotho is 1.25 billion current LCU, measured in 2011. That is the highest value across all 32 years on record.

The figure is up 9.8% on the previous year and up 160.0% over ten years.

Over the whole period, defense expenditure in Lesotho peaked at 1.25 billion current LCU in 2011 and was at its lowest, 19.50 million current LCU, in 1980.

That places Lesotho 18th out of 29 countries with data for 2011, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 46.28 million current LCU 19.50 million current LCU 101.30 million current LCU 10
1990s 215.91 million current LCU 69.90 million current LCU 466.00 million current LCU 10
2000s 635.48 million current LCU 461.97 million current LCU 1.08 billion current LCU 10
2010s 1.20 billion current LCU 1.14 billion current LCU 1.25 billion current LCU 2

Countries ranked near Lesotho

  1. 15 Ethiopia 4.00 billion current LCU compare
  2. 16 Burundi 3.40 billion current LCU compare
  3. 17 Comoros 1.55 billion current LCU compare
  4. 19 Sudan 932.00 million current LCU compare
  5. 20 Eswatini 391.70 million current LCU compare
  6. 21 Ghana 288.93 million current LCU compare

See the full ranking of 29 places →

More science & technology data for Lesotho

All data for Lesotho →

Frequently asked questions

What is defense expenditure in Lesotho?
Defense expenditure in Lesotho was 1.25 billion current LCU in 2011, according to World Bank country economists.
What is the highest defense expenditure recorded in Lesotho?
The highest recorded value was 1.25 billion current LCU in 2011.
What is the lowest defense expenditure recorded in Lesotho?
The lowest recorded value was 19.50 million current LCU in 1980.
How does Lesotho rank for defense expenditure?
Lesotho ranks 18th out of 29 countries with data for 2011.
Is defense expenditure rising or falling in Lesotho?
Over the last ten years it is up 160.0%. The long-run trend across the full record is volatile.
Where does this Lesotho data come from?
The figures come from World Bank country economists, published as part of Defense expenditure (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Defense expenditure (current LCU)
Unit
current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
29 places, 425 data points, 1967–2011
Last refreshed

Defense expenditures for NATO countries are based on the NATO definition, which covers military-related expenditures of the defense ministry (including recruiting, training, construction, and the purchase of military supplies and equipment) and other ministries. Civilian-type expenditures of the defense ministry are excluded. Military assistance is included in the expenditures of the donor country, and purchases of military equipment on credit are included at the time the debt is incurred, not at the time of payment. Data for other countries generally cover expenditures of the ministry of defense (excluded are expenditures on public order and safety, which are classified separately). Data are in current local currency.