Borrowers from commercial banks in Lesotho
Lesotho: Borrowers from commercial banks 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 85th out of 112 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 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% |
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
- 82 Mozambique 59.25 per 1,000 adults compare
- 83 Zimbabwe 58.55 per 1,000 adults compare
- 84 Sao Tome and Principe 55.43 per 1,000 adults compare
- 86 East Timor 51.4 per 1,000 adults compare
- 87 Syria 50.54 per 1,000 adults compare
- 88 Tanzania 49.15 per 1,000 adults compare
More financial sector data for Lesotho
- Total reserves in months of imports, annual growth rate 17.74 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 23.55 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.2761 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 282.42 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 21.4 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 330.63 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 21.4 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 330.63 SDR per person (2024)
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 85th out of 112 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.