Borrowers from commercial banks (per 1,000 adults) in Lesotho
Lesotho: Borrowers from commercial banks (per 1,000 adults) was 52.75 per 1,000 adults in 2024. ▲ Rising
Borrowers from commercial banks in Lesotho, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
Lesotho recorded 52.75 per 1,000 adults for borrowers from commercial banks in 2024.
Compared with earlier readings it is up 33.9% on the previous year and down 20.1% over ten years.
Over the whole period, borrowers from commercial banks in Lesotho peaked at 66.02 per 1,000 adults in 2014 and was at its lowest, 6.36 per 1,000 adults, in 2004.
That places Lesotho 86th out of 113 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Borrowers from commercial banks (per 1,000 adults) in Lesotho, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2004 | 6.36 per 1,000 adults | — |
| 2005 | 7.94 per 1,000 adults | +24.9% |
| 2006 | 15.19 per 1,000 adults | +91.2% |
| 2007 | 25.91 per 1,000 adults | +70.6% |
| 2008 | 37.08 per 1,000 adults | +43.1% |
| 2009 | 38.08 per 1,000 adults | +2.7% |
| 2010 | 38.73 per 1,000 adults | +1.7% |
| 2011 | 50.72 per 1,000 adults | +31.0% |
| 2012 | 39.82 per 1,000 adults | -21.5% |
| 2013 | 46.11 per 1,000 adults | +15.8% |
| 2014 | 66.02 per 1,000 adults | +43.2% |
| 2015 | 41.76 per 1,000 adults | -36.7% |
| 2016 | 39.4 per 1,000 adults | -5.7% |
| 2017 | 41.89 per 1,000 adults | +6.3% |
| 2018 | 42.95 per 1,000 adults | +2.5% |
| 2019 | 41.8 per 1,000 adults | -2.7% |
| 2020 | 41.38 per 1,000 adults | -1.0% |
| 2021 | 40.03 per 1,000 adults | -3.3% |
| 2022 | 39.86 per 1,000 adults | -0.4% |
| 2023 | 39.38 per 1,000 adults | -1.2% |
| 2024 | 52.75 per 1,000 adults | +33.9% |
Lesotho compared with similar countries
- Lesotho's 52.75 per 1,000 adults is below the median for lower middle income countries, which is 58.55 per 1,000 adults, 90% of the median. (35 countries reporting)
- Lesotho's 52.75 per 1,000 adults is below the median for Sub-Saharan Africa, which is 55.43 per 1,000 adults, 95% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.76 per 1,000 adults | 6.36 per 1,000 adults | 38.08 per 1,000 adults | 6 |
| 2010s | 44.92 per 1,000 adults | 38.73 per 1,000 adults | 66.02 per 1,000 adults | 10 |
| 2020s | 42.68 per 1,000 adults | 39.38 per 1,000 adults | 52.75 per 1,000 adults | 5 |
Countries ranked near Lesotho
- 83 Mozambique 59.25 per 1,000 adults compare
- 84 Zimbabwe 58.55 per 1,000 adults compare
- 85 Sao Tome and Principe 55.43 per 1,000 adults compare
- 87 East Timor 51.4 per 1,000 adults compare
- 88 Syria 50.54 per 1,000 adults compare
- 89 Tanzania 49.15 per 1,000 adults 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 borrowers from commercial banks in Lesotho?
- Borrowers from commercial banks in Lesotho was 52.75 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Lesotho?
- The highest recorded value was 66.02 per 1,000 adults in 2014.
- What is the lowest borrowers from commercial banks recorded in Lesotho?
- The lowest recorded value was 6.36 per 1,000 adults in 2004.
- How does Lesotho rank for borrowers from commercial banks?
- Lesotho ranks 86th out of 113 countries with data for 2024.
- Is borrowers from commercial banks rising or falling in Lesotho?
- Over the last ten years it is down 20.1%. The long-run trend across the full record is rising.
- Where does this Lesotho data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Borrowers from commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.