Pro
0306090120USD Mn20192020202120222023202420252026
Air Deployment
Surface Deployment
Aerospace
Global Sonobuoy Market — South America (Volume) by Deployment Launch Type
Charts & Stats
Lesotho Military expenditure (% of GDP)
What is Lesotho's military expenditure (% of gdp)? As of 2023, it's 1.6 of GDP, down from 2 of GDP in 2014.
Author: Wantstats Research TeamSource: World Bank and Wantstats Repository
| Label | Military expenditure (% of GDP) |
|---|---|
| 2014 | 1.9538 of GDP |
| 2015 | 1.8658 of GDP |
| 2016 | 1.9639 of GDP |
| 2017 | 2.2708 of GDP |
| 2018 | 1.9994 of GDP |
| 2019 | 1.8754 of GDP |
| 2020 | 1.8815 of GDP |
| 2021 | 1.5356 of GDP |
| 2022 | 1.4729 of GDP |
| 2023 | 1.6253 of GDP |
Data Source: World Bank and Wantstats Repository
Lesotho Military expenditure (% of GDP): Key Points
- The 2023 figure for Lesotho's military expenditure is 1.63 % of GDP. Back in 2014 it was 1.95 % of GDP — a fall of about 17% across the years in between.
- 2016-2017: works higher, reaching 2.27 % of GDP (+22%).
- 2018-2019: drifts lower, 1.88 % of GDP (-17%).
- 2021-2022: keeps falling, down to 1.47 % of GDP (-22%).
- 2023: jumps to 1.63 % of GDP (+10%).
- 2023: Close at 1.63 % of GDP — a loss of 16.8% since 2014.
Making Sense Of The Swings
This chart doesn't support a simple narrative. It moves up, it moves down — pick any two years and you can tell almost any story you want. Look at the whole series, not a slice of it.
That 2021 spike deserves a second look before you cite it. Genuine 18% moves in a single year do happen, but so do reporting changes — the chart alone can't tell you which this is.
On its own, this line shows movement, not meaning. Whether Lesotho's military expenditure trend here is a success or a warning sign depends on context this single chart doesn't carry — comparable countries, policy changes, or a longer time horizon.
This is Lesotho data, published by the source linked below. Indicator series like this are usually modeled/estimated between survey years, not measured fresh every year — trust the multi-year direction over any one data point.
Explore in Depth
Access All Industry Reports & Ecosystems
Unlock full access to industry reports, market insights, data charts, and ecosystems across 15+ industries to power your research and business decisions.
Related Charts
View All
Powering the world's best teams.
From next-gen startups to established enterprises.
Contact us
Get in Touch
Let's work together
support@wantstats.comWantstats Research and Media Pvt. Ltd., Office No 104, Pentagon 4, Magarpatta City, Pune - 411028, Maharashtra, India.
See our work in action
Start your data driven journey with us!
What our clients say
Trusted by forward-thinking businesses
for data-driven intelligence
Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.