Total government debt in Lesotho
Lesotho: Total government debt was 7.05 billion current LCU in 2011. ◆ Volatile
Total government debt in Lesotho, 1980–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
In 2011, total government debt in Lesotho stood at 7.05 billion current LCU.
That represents a change of up 20.7% on the previous year and down 10.5% over ten years.
Over the whole period, total government debt in Lesotho peaked at 7.88 billion current LCU in 2001 and was at its lowest, 81.32 million current LCU, in 1980.
That places Lesotho 38th out of 44 countries with data for 2011, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total government debt in Lesotho, year by year
| Year | current LCU | Change |
|---|---|---|
| 1980 | 81.32 million current LCU | — |
| 1981 | 119.55 million current LCU | +47.0% |
| 1982 | 134.70 million current LCU | +12.7% |
| 1983 | 147.96 million current LCU | +9.8% |
| 1984 | 170.26 million current LCU | +15.1% |
| 1985 | 200.84 million current LCU | +18.0% |
| 1986 | 233.52 million current LCU | +16.3% |
| 1987 | 804.85 million current LCU | +244.7% |
| 1988 | 1.04 billion current LCU | +29.4% |
| 1989 | 1.19 billion current LCU | +13.8% |
| 1990 | 1.29 billion current LCU | +8.7% |
| 1991 | 1.36 billion current LCU | +5.7% |
| 1992 | 612.73 million current LCU | -55.0% |
| 1993 | 1.95 billion current LCU | +218.4% |
| 1994 | 2.06 billion current LCU | +5.7% |
| 1995 | 2.27 billion current LCU | +10.1% |
| 1996 | 2.90 billion current LCU | +27.7% |
| 1997 | 3.06 billion current LCU | +5.6% |
| 1998 | 3.79 billion current LCU | +24.0% |
| 1999 | 4.69 billion current LCU | +23.6% |
| 2000 | 5.55 billion current LCU | +18.4% |
| 2001 | 7.88 billion current LCU | +41.9% |
| 2002 | 6.53 billion current LCU | -17.1% |
| 2003 | 5.71 billion current LCU | -12.6% |
| 2004 | 4.76 billion current LCU | -16.6% |
| 2005 | 4.94 billion current LCU | +3.8% |
| 2006 | 5.16 billion current LCU | +4.5% |
| 2007 | 7.10 billion current LCU | +37.4% |
| 2008 | 6.43 billion current LCU | -9.4% |
| 2009 | 6.15 billion current LCU | -4.3% |
| 2010 | 5.84 billion current LCU | -5.1% |
| 2011 | 7.05 billion current LCU | +20.7% |
Lesotho compared with similar countries
- Lesotho's 7.05 billion current LCU is below the median for lower middle income countries, which is 676.14 billion current LCU, 1% of the median. (22 countries reporting)
- Lesotho's 7.05 billion current LCU is below the median for Sub-Saharan Africa, which is 525.00 billion current LCU, 1% of the median. (39 countries reporting)
Biggest year-on-year movements
Years where Total government debt in Lesotho changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1987 | +244.7% | 233.52 million current LCU | 804.85 million current LCU |
| 1993 | +218.4% | 612.73 million current LCU | 1.95 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 411.99 million current LCU | 81.32 million current LCU | 1.19 billion current LCU | 10 |
| 1990s | 2.40 billion current LCU | 612.73 million current LCU | 4.69 billion current LCU | 10 |
| 2000s | 6.02 billion current LCU | 4.76 billion current LCU | 7.88 billion current LCU | 10 |
| 2010s | 6.45 billion current LCU | 5.84 billion current LCU | 7.05 billion current LCU | 2 |
Countries ranked near Lesotho
More science & technology data for Lesotho
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 70.33 (2024)
- Mobile cellular subscriptions by country, per capita 0.7033 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0007 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 1.64 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 52.8 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 1.41 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate 2.55 % change on previous year (2024)
- Scientific and technical journal articles 60.18 (2023)
- Scientific and technical journal articles, per capita 0 units per person (2023)
Frequently asked questions
- What is total government debt in Lesotho?
- Total government debt in Lesotho was 7.05 billion current LCU in 2011, according to World Bank country economists.
- What is the highest total government debt recorded in Lesotho?
- The highest recorded value was 7.88 billion current LCU in 2001.
- What is the lowest total government debt recorded in Lesotho?
- The lowest recorded value was 81.32 million current LCU in 1980.
- How does Lesotho rank for total government debt?
- Lesotho ranks 38th out of 44 countries with data for 2011.
- Is total government debt rising or falling in Lesotho?
- Over the last ten years it is down 10.5%. 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 Total government debt (current LCU). Statizoid updates them automatically from the source API.
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Data are in current local currency.