Taxes on goods and services as a share of revenue reached 31.3 % in 2017 in Lesotho, according to the National Statistical Office. This is 9.38 % more than in the previous year.
Historically, taxes on goods and services as a share of revenue in Lesotho reached an all time high of 33.0 % in 1993 and an all time low of 7.61 % in 1984. When compared to Lesotho's main peers, taxes on goods and services as a share of revenue in Botswana amounted to 14.5 %, 33.0 % in South Africa and 47.9 % in Zimbabwe in 2017.
Lesotho has been ranked 64th within the group of 105 countries we follow in terms of taxes on goods and services as a share of revenue, 11 places above the position seen 10 years ago.
Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on the extraction and production of minerals, and profits of fiscal monopolies.