Domestic credit to private sector in Lesotho
Lesotho: Domestic credit to private sector was 20.0% in 2020. ▲ Rising
Domestic credit to private sector in Lesotho, 1973–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Lesotho is 20.0%, measured in 2020.
Compared with earlier readings it is down 3.8% on the previous year and up 49.2% over ten years.
Over the whole period, domestic credit to private sector in Lesotho peaked at 22.0% in 1994 and was at its lowest, 5.3%, in 2004.
Lesotho ranks 148th of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 48 years of available data.
Domestic credit to private sector in Lesotho, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1973 | 6.8% | — |
| 1974 | 8.4% | +23.0% |
| 1975 | 7.6% | -9.2% |
| 1976 | 9.0% | +18.2% |
| 1977 | 8.1% | -9.9% |
| 1978 | 8.0% | -2.0% |
| 1979 | 9.8% | +22.7% |
| 1980 | 7.1% | -27.7% |
| 1981 | 10.9% | +54.5% |
| 1982 | 13.6% | +24.6% |
| 1983 | 11.8% | -13.2% |
| 1984 | 14.5% | +22.6% |
| 1985 | 15.4% | +6.2% |
| 1986 | 13.0% | -15.5% |
| 1987 | 14.7% | +13.5% |
| 1988 | 14.9% | +1.5% |
| 1989 | 14.8% | -0.6% |
| 1990 | 15.6% | +5.0% |
| 1991 | 16.2% | +3.6% |
| 1992 | 15.6% | -3.5% |
| 1993 | 18.0% | +15.3% |
| 1994 | 22.0% | +22.5% |
| 1995 | 18.3% | -17.1% |
| 1996 | 16.3% | -10.4% |
| 1997 | 21.4% | +30.8% |
| 1998 | 16.2% | -24.0% |
| 1999 | 14.7% | -9.2% |
| 2000 | 13.8% | -6.6% |
| 2001 | 12.5% | -9.4% |
| 2002 | 12.5% | +0.2% |
| 2003 | 5.3% | -57.2% |
| 2004 | 5.3% | -1.8% |
| 2005 | 7.2% | +37.6% |
| 2006 | 7.4% | +1.8% |
| 2007 | 10.0% | +35.8% |
| 2008 | 10.0% | +0.3% |
| 2009 | 12.6% | +25.8% |
| 2010 | 13.4% | +6.4% |
| 2011 | 14.3% | +7.0% |
| 2012 | 18.6% | +29.4% |
| 2013 | 19.9% | +7.4% |
| 2014 | 19.3% | -3.1% |
| 2015 | 18.3% | -5.5% |
| 2016 | 18.2% | -0.3% |
| 2017 | 20.0% | +9.8% |
| 2018 | 20.5% | +2.3% |
| 2019 | 20.8% | +1.6% |
| 2020 | 20.0% | -3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.2% | 6.8% | 9.8% | 7 |
| 1980s | 13.1% | 7.1% | 15.4% | 10 |
| 1990s | 17.4% | 14.7% | 22.0% | 10 |
| 2000s | 9.7% | 5.3% | 13.8% | 10 |
| 2010s | 18.3% | 13.4% | 20.8% | 10 |
| 2020s | 20.0% | 20.0% | 20.0% | 1 |
Countries ranked near Lesotho
- 145 Lao People's Democratic Republic 20.9% compare
- 146 Djibouti 20.9% compare
- 147 Syrian Arab Republic 20.7% compare
- 149 Sao Tome and Principe 19.8% compare
- 150 Papua New Guinea 18.2% compare
- 151 Ethiopia 17.7% 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 domestic credit to private sector in Lesotho?
- Domestic credit to private sector in Lesotho was 20.0% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Lesotho?
- The highest recorded value was 22.0% in 1994.
- What is the lowest domestic credit to private sector recorded in Lesotho?
- The lowest recorded value was 5.3% in 2004.
- How does Lesotho rank for domestic credit to private sector?
- Lesotho ranks 148th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Lesotho?
- Over the last ten years it is up 49.2%. The long-run trend across the full record is rising.
- Where does this Lesotho data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.