Total Expenditure of General Government for Lesotho
LSOGGXG01GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
53.12
Year-over-Year Change
6.01%
Date Range
1/1/2000 - 1/1/2026
Summary
The 'Total Expenditure of General Government for Lesotho' measures government spending as a percentage of GDP in Lesotho. This key indicator provides insight into the size and fiscal policy of the Lesotho government.
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
This series represents total expenditures by the general government in Lesotho, including both current and capital spending. It is a widely used metric for evaluating the role of the public sector in the Lesotho economy and can inform analyses of fiscal sustainability and policy.
Methodology
The data is collected and calculated by the International Monetary Fund based on official government finance statistics.
Historical Context
Policymakers and analysts use this indicator to assess the scope of government involvement in the Lesotho economy and the potential economic impacts of fiscal policy changes.
Key Facts
- Lesotho's general government expenditure averaged 49% of GDP from 2000-2020.
- Government spending peaked at 57.2% of GDP in 2020 amid the COVID-19 pandemic.
- Lesotho has one of the highest levels of public spending relative to GDP in sub-Saharan Africa.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total expenditures of the general government in Lesotho, including both current and capital spending, as a percentage of the country's GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the size and role of the public sector in the Lesotho economy, which is crucial for evaluating fiscal sustainability and the potential economic impacts of government policy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund based on official government finance statistics reported by the Lesotho authorities.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the scope of government involvement in the Lesotho economy and the potential macroeconomic effects of changes in fiscal policy.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent figures may not reflect the current fiscal situation in Lesotho.
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Citation
U.S. Federal Reserve, Total Expenditure of General Government for Lesotho (LSOGGXG01GDPPT), retrieved from FRED.