Bank credit to bank deposits in Lesotho
Lesotho: Bank credit to bank deposits was 58.2% in 2021. ▲ Rising
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% |
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
- Net domestic credit (current LCU), per capita 1,569 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1.53 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate -37.76 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 0 SDR (2023)
- Gold reserves at market value 0 SDR (2023)
- Reserves excluding gold, foreign exchange 660.13 million SDR (2024)
- Reserves excluding gold 772.82 million SDR (2024)
- Total reserves (gold at market value) 772.82 million SDR (2024)
- Total reserves (gold at national valuation) 772.82 million SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 330.63 SDR per person (2024)
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.
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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).