Lesotho - Taxes on international trade (% of revenue)

Taxes on international trade (% of revenue) in Lesotho was 11.35 as of 2019. Its highest value over the past 35 years was 63.45 in 1984, while its lowest value was 8.58 in 2011.

Definition: Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1984 63.45
1986 50.40
1987 43.56
1988 41.99
1989 39.11
1991 14.67
1992 16.24
1993 17.76
1994 16.57
1995 15.12
1996 16.19
1997 16.24
1998 14.66
1999 17.28
2000 13.82
2001 15.12
2002 13.66
2003 11.65
2004 14.27
2005 14.87
2006 17.85
2007 16.87
2008 16.17
2009 15.63
2010 8.65
2011 8.58
2012 13.62
2013 13.68
2014 14.47
2015 12.53
2016 9.65
2017 12.11
2018 10.55
2019 11.35

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance