Lesotho's central government debt demonstrated pronounced fluctuations over the years. The early 1990s saw extremely high levels, peaking at in 1991, due to limited fiscal capacity and reliance on external funding. A period of fiscal consolidation reduced debt to in 1995. However, an economic slowdown and increased borrowing led to a resurgence, with debt reaching in 2001.
In more recent years, the debt ratio stabilized, hovering around to through the 2010s, before climbing again to in 2020 amid pandemic-related expenses. By 2022, debt was , reflecting ongoing challenges in balancing economic growth with sustainable borrowing.
In more recent years, the debt ratio stabilized, hovering around to through the 2010s, before climbing again to in 2020 amid pandemic-related expenses. By 2022, debt was , reflecting ongoing challenges in balancing economic growth with sustainable borrowing.
For additional information, visit statistics on Lesotho’s net lending/borrowing as a percentage of GDP, Lesotho’s annual GDP figures, Lesotho’s birth life span.
