Bank credit to bank deposits (%) in Lesotho
Lesotho: Bank credit to bank deposits (%) was 58.2% in 2021. ▲ Rising
Latest (2021)
58.2%
Change on year
up 2.6%
World rank
140th
of 186 countries
All-time high
69.8%
in 1994
All-time low
19.1%
in 1978
Years of data
49
1973–2021
Bank credit to bank deposits in Lesotho, 1973–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, bank credit to bank deposits in Lesotho stood at 58.2%.
The figure is up 2.6% on the previous year and up 30.6% over ten years.
Over the whole period, bank credit to bank deposits in Lesotho peaked at 69.8% in 1994 and was at its lowest, 19.1%, in 1978.
That places Lesotho 140th out of 186 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 49 years of available data.
Bank credit to bank deposits (%) in Lesotho, year by year
| Year | % | Change |
|---|---|---|
| 1973 | 27.8% | — |
| 1974 | 33.9% | +21.8% |
| 1975 | 22.6% | -33.4% |
| 1976 | 22.4% | -0.9% |
| 1977 | 19.3% | -13.8% |
| 1978 | 19.1% | -0.7% |
| 1979 | 22.1% | +15.6% |
| 1980 | 21.2% | -4.0% |
| 1981 | 30.0% | +41.4% |
| 1982 | 29.8% | -0.9% |
| 1983 | 25.2% | -15.2% |
| 1984 | 30.3% | +20.2% |
| 1985 | 31.8% | +4.9% |
| 1986 | 29.0% | -8.8% |
| 1987 | 33.3% | +14.8% |
| 1988 | 34.8% | +4.5% |
| 1989 | 37.2% | +7.0% |
| 1990 | 42.4% | +13.9% |
| 1991 | 48.0% | +13.3% |
| 1992 | 51.0% | +6.2% |
| 1993 | 55.1% | +8.0% |
| 1994 | 69.8% | +26.7% |
| 1995 | 62.5% | -10.4% |
| 1996 | 52.9% | -15.4% |
| 1997 | 68.0% | +28.5% |
| 1998 | 50.7% | -25.5% |
| 1999 | 52.6% | +3.7% |
| 2000 | 54.2% | +3.1% |
| 2001 | 53.2% | -1.8% |
| 2002 | 55.2% | +3.7% |
| 2003 | 23.3% | -57.8% |
| 2004 | 25.1% | +7.5% |
| 2005 | 34.5% | +37.5% |
| 2006 | 29.2% | -15.4% |
| 2007 | 32.4% | +11.0% |
| 2008 | 33.1% | +2.2% |
| 2009 | 36.2% | +9.4% |
| 2010 | 37.0% | +2.1% |
| 2011 | 44.6% | +20.6% |
| 2012 | 58.7% | +31.8% |
| 2013 | 58.5% | -0.4% |
| 2014 | 63.2% | +8.0% |
| 2015 | 59.8% | -5.4% |
| 2016 | 64.6% | +7.9% |
| 2017 | 55.2% | -14.5% |
| 2018 | 54.6% | -1.1% |
| 2019 | 66.0% | +21.0% |
| 2020 | 56.8% | -14.0% |
| 2021 | 58.2% | +2.6% |
Lesotho compared with similar countries
- Lesotho's 58.2% is below the median for lower middle income countries, which is 69.5%, 84% of the median. (46 countries reporting)
- Lesotho's 58.2% is below the median for Sub-Saharan Africa, which is 65.6%, 89% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.9% | 19.1% | 33.9% | 7 |
| 1980s | 30.3% | 21.2% | 37.2% | 10 |
| 1990s | 55.3% | 42.4% | 69.8% | 10 |
| 2000s | 37.6% | 23.3% | 55.2% | 10 |
| 2010s | 56.2% | 37.0% | 66.0% | 10 |
| 2020s | 57.5% | 56.8% | 58.2% | 2 |
Countries ranked near Lesotho
- 137 Trinidad and Tobago 59.9% compare
- 138 Solomon Islands 59.8% compare
- 139 Belgium 58.8% compare
- 141 Comoros 57.7% compare
- 142 Papua New Guinea 57.7% compare
- 143 Maldives 57.7% compare
More financial sector data for Lesotho
- Reserve position in the IMF, US dollar, annual growth rate 5.59 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0069 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 7.46 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0.548 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.005 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5.45 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.59 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0069 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 7.46 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0.548 % change on previous year (2025)
Frequently asked questions
- What is bank credit to bank deposits in Lesotho?
- Bank credit to bank deposits in Lesotho was 58.2% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Lesotho?
- The highest recorded value was 69.8% in 1994.
- What is the lowest bank credit to bank deposits recorded in Lesotho?
- The lowest recorded value was 19.1% in 1978.
- How does Lesotho rank for bank credit to bank deposits?
- Lesotho ranks 140th out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Lesotho?
- Over the last ten years it is up 30.6%. The long-run trend across the full record is rising.
- Where does this Lesotho data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).