Latin America & Caribbean vs Lesotho: Expense

Latin America & Caribbean
27.6%
in 2023
Lesotho
40.2%
in 2022
Latin America & Caribbean rank
17th
Lesotho rank
17th

Expense over time

  • Latin America & Caribbean
  • Lesotho
0204060198720052023

How they compare

Lesotho currently reports 40.2% against 27.6% in Latin America & Caribbean, a difference of 12.6%.

That makes Lesotho's figure about 1.5 times Latin America & Caribbean's.

Across all 13 years both countries report, Lesotho has been ahead every year.

Latin America & Caribbean ranks 17th and Lesotho ranks 17th of 26 groups.

Lesotho has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Latin America & Caribbean Lesotho Difference Ahead
2010s 25.7% 40.1% 14.5% Lesotho
2020s 27.7% 40.5% 12.9% Lesotho

Averages of every year both report within each decade.

Frequently asked questions

Which has higher expense, Latin America & Caribbean or Lesotho?
Lesotho, at 40.2% against 27.6% in Latin America & Caribbean as of 2022.
What is the difference in expense between Latin America & Caribbean and Lesotho?
12.6%, with Lesotho ahead.
How many years of comparable data are there for Latin America & Caribbean and Lesotho?
13 years are reported by both, from 2010 to 2022.
How do Latin America & Caribbean and Lesotho rank globally for expense?
Latin America & Caribbean ranks 17th and Lesotho ranks 17th of 26 groups.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Expense (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latin America & Caribbean vs Lesotho: Expense. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 12 September 2026, from https://economy.statizoid.com/compare/expense-percent-of-gdp/latin-america-and-caribbean/lesotho/

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About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.