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TOOL · GROSS COST

How much would a basic income cost in Lesotho?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 1,504,222child population 807,250year 2023World Bank WDI

GROSS ANNUAL COST

18,315 million

in LSLLSL 18,315,331,200

Equal to 46.6% of reference GDP

Population covered: 2,311,472 people

Adults: 1,504,222 × LSL 800 × 12 = LSL 14,440,531,200

Children: 807,250 × LSL 400 × 12 = LSL 3,874,800,000

LSL 14,440,531,200 + LSL 3,874,800,000 = LSL 18,315,331,200

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $2,129,871,530 · World Bank WDI

Currency LSL · exchange rate 18.4502 LSL/USD (2023)

Converted cost $992,687,740 for the GDP share.