Lesotho Government Budget

Lesotho recorded a Government Budget deficit equal to 10.40 percent of the country's Gross Domestic Product in 2012. Government Budget in Lesotho is reported by the Central Bank of Lesotho. Government Budget in Lesotho averaged 1.80 Percent of GDP from 1990 until 2012, reaching an all time high of 11.60 Percent of GDP in 2007 and a record low of -10.40 Percent of GDP in 2012. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Lesotho Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-20

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-10.40 -5.00 11.60 -10.40 4.43 | 2014/06 1990 - 2012 Percent of GDP Yearly

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Lesotho Government Budget
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Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 44.60 2012-12-31 43.50 88.66 33.50 52.35 2014-06-30 Percent of GDP [+]
Government Budget -10.40 2012-12-31 -5.00 11.60 -10.40 4.43 2014-06-30 Percent of GDP [+]
Credit Rating 15.00 [+]
[+]


Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


RELATED NEWS

Lesotho Balance of Trade at -2202.87 LSL Million  
Lesotho recorded a trade deficit of 2202.87 LSL Million in the fourth quarter of 2013. Balance of Trade in Lesotho is reported by the Central Bank of Lesotho.
Lesotho Exports at 2134.53 LSL Million  
Exports in Lesotho decreased to 2134.53 LSL Million in the fourth quarter of 2013 from 2289.90 LSL Million in the third quarter of 2013. Exports in Lesotho is reported by the Central Bank of Lesotho.
Lesotho Imports at 4337.40 LSL Million  
Imports in Lesotho decreased to 4337.40 LSL Million in the fourth quarter of 2013 from 4487.06 LSL Million in the third quarter of 2013. Imports in Lesotho is reported by the Central Bank of Lesotho.
Lesotho Current Account to GDP at -18.80 Percent  
Lesotho recorded a Current Account deficit of 18.80 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Lesotho is reported by the Central Bank of Lesotho.
Lesotho Current Account at 78.30 LSL Million  
Lesotho recorded a Current Account surplus of 78.30 LSL Million in the fourth quarter of 2013. Current Account in Lesotho is reported by the Central Bank of Lesotho.
Lesotho Inflation Rate at 5.70 Percent  
The inflation rate in Lesotho was recorded at 5.70 percent in February of 2014. Inflation Rate in Lesotho is reported by the Central Bank of Lesotho.
Lesotho Interest Rate at 6.01 Percent  
The benchmark interest rate in Lesotho was last recorded at 6.01 percent. Interest Rate in Lesotho is reported by the Central Bank of Lesotho.
Lesotho Government Budget at -10.40 Percent of GDP  
Lesotho recorded a Government Budget deficit equal to 10.40 percent of the country's Gross Domestic Product in 2012. Government Budget in Lesotho is reported by the Central Bank of Lesotho.
Lesotho Personal Income Tax Rate at 35.00 percent  
The Personal Income Tax Rate in Lesotho stands at 35 percent. Personal Income Tax Rate in Lesotho is reported by the Ministry of Finance.
Lesotho Corporate Tax Rate at 35.00 percent  
The Corporate Tax Rate in Lesotho stands at 35 percent. Corporate Tax Rate in Lesotho is reported by the Commissioner of Income Tax.
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