Commercial bank branches in Lesotho
Lesotho: Commercial bank branches was 3.53 per 100,000 adults in 2024. ▲ Rising
Commercial bank branches in Lesotho, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
In 2024, commercial bank branches in Lesotho stood at 3.53 per 100,000 adults.
The figure is down 1.7% on the previous year and down 3.0% over ten years.
Over the whole period, commercial bank branches in Lesotho peaked at 3.92 per 100,000 adults in 2016 and was at its lowest, 1.96 per 100,000 adults, in 2006.
Lesotho ranks 157th of 185 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Commercial bank branches in Lesotho, year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2004 | 2.44 per 100,000 adults | — |
| 2005 | 2.37 per 100,000 adults | -3.0% |
| 2006 | 1.96 per 100,000 adults | -17.3% |
| 2007 | 2.11 per 100,000 adults | +7.4% |
| 2008 | 2.25 per 100,000 adults | +6.7% |
| 2009 | 2.31 per 100,000 adults | +2.7% |
| 2010 | 3.39 per 100,000 adults | +47.0% |
| 2011 | 3.44 per 100,000 adults | +1.4% |
| 2012 | 3.41 per 100,000 adults | -1.0% |
| 2013 | 3.68 per 100,000 adults | +7.9% |
| 2014 | 3.64 per 100,000 adults | -1.1% |
| 2015 | 3.82 per 100,000 adults | +5.1% |
| 2016 | 3.92 per 100,000 adults | +2.6% |
| 2017 | 3.87 per 100,000 adults | -1.4% |
| 2018 | 3.81 per 100,000 adults | -1.5% |
| 2019 | 3.82 per 100,000 adults | +0.4% |
| 2020 | 3.83 per 100,000 adults | +0.3% |
| 2021 | 3.71 per 100,000 adults | -3.3% |
| 2022 | 3.65 per 100,000 adults | -1.5% |
| 2023 | 3.59 per 100,000 adults | -1.7% |
| 2024 | 3.53 per 100,000 adults | -1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.24 per 100,000 adults | 1.96 per 100,000 adults | 2.44 per 100,000 adults | 6 |
| 2010s | 3.68 per 100,000 adults | 3.39 per 100,000 adults | 3.92 per 100,000 adults | 10 |
| 2020s | 3.66 per 100,000 adults | 3.53 per 100,000 adults | 3.83 per 100,000 adults | 5 |
Countries ranked near Lesotho
- 154 Tajikistan 3.88 per 100,000 adults compare
- 155 Finland 3.78 per 100,000 adults compare
- 156 Mali 3.64 per 100,000 adults compare
- 158 Mozambique 3.49 per 100,000 adults compare
- 159 Solomon Islands 3.49 per 100,000 adults compare
- 160 Iraq 3.33 per 100,000 adults 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 commercial bank branches in Lesotho?
- Commercial bank branches in Lesotho was 3.53 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in Lesotho?
- The highest recorded value was 3.92 per 100,000 adults in 2016.
- What is the lowest commercial bank branches recorded in Lesotho?
- The lowest recorded value was 1.96 per 100,000 adults in 2006.
- How does Lesotho rank for commercial bank branches?
- Lesotho ranks 157th out of 185 countries with data for 2024.
- Is commercial bank branches rising or falling in Lesotho?
- Over the last ten years it is down 3.0%. 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 Commercial bank branches (per 100,000 adults). Statizoid updates them automatically from the source API.
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About this data
Commercial bank branches are retail locations of resident commercial banks and other resident banks that function as commercial banks that provide financial services to customers and are physically separated from the main office but not organized as legally separated subsidiaries.