Cash surplus/deficit (% of GDP) for Lesotho
CASHBLLSA188A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.65
Year-over-Year Change
-11921.12%
Date Range
1/1/1990 - 1/1/2008
Summary
The 'Cash surplus/deficit (% of GDP) for Lesotho' measures the difference between government revenue and expenditure as a percentage of the country's Gross Domestic Product. This metric is a key indicator of fiscal policy and economic stability.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The cash surplus/deficit ratio tracks the government's budgetary position, reflecting whether it is spending more or less than it collects in taxes and other revenues. It provides insight into a country's fiscal health and the government's ability to manage its finances.
Methodology
The data is calculated by the International Monetary Fund based on official government budget reports.
Historical Context
Economists and policymakers use this metric to evaluate a country's fiscal policies and overall macroeconomic conditions.
Key Facts
- Lesotho has had a cash deficit since the early 2000s.
- The deficit peaked at over 10% of GDP in 2016-2017.
- Reducing the deficit is a key policy goal for the Lesotho government.
FAQs
Q: What does this economic trend measure?
A: The 'Cash surplus/deficit (% of GDP) for Lesotho' measures the difference between the Lesotho government's total revenue and total expenditure as a percentage of the country's Gross Domestic Product.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Lesotho's fiscal policy and the government's ability to manage its finances. It is a key indicator of economic stability and an important data point for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is calculated by the International Monetary Fund based on official government budget reports from Lesotho.
Q: How is this trend used in economic policy?
A: Governments, central banks, and international institutions like the IMF use this metric to evaluate fiscal policy and make decisions about taxation, spending, and debt management.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of around 12-18 months, so the most recent figures may not reflect the current fiscal situation.
Related Trends
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Use of Financial Services: Key Indicators, Loan Accounts with Commercial Banks Per 1,000 Adults for Lesotho
LSOFCNODCANUM
Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Lesotho
LSOFCIODDNUM
Number of Identified Exporters to Lesotho from New York
NYLSOA475SCEN
Value of Exports to Lesotho from California
CALSOA052SCEN
Citation
U.S. Federal Reserve, Cash surplus/deficit (% of GDP) for Lesotho (CASHBLLSA188A), retrieved from FRED.