Domestic credit to private sector in Lesotho
Lesotho: Domestic credit to private sector was 24.3% in 2024. ▲ Rising
Domestic credit to private sector in Lesotho, 1973–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, domestic credit to private sector in Lesotho stood at 24.3%.
The figure is down 1.7% on the previous year and up 25.7% over ten years.
Over the whole period, domestic credit to private sector in Lesotho peaked at 24.7% in 2023 and was at its lowest, 5.3%, in 2004.
That places Lesotho 130th out of 187 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 52 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 | 20.1% | +0.6% |
| 2019 | 21.3% | +5.9% |
| 2020 | 21.9% | +2.9% |
| 2021 | 22.3% | +1.8% |
| 2022 | 21.7% | -2.8% |
| 2023 | 24.7% | +14.0% |
| 2024 | 24.3% | -1.7% |
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 | 18.4% | 13.4% | 21.3% | 10 |
| 2020s | 23.0% | 21.7% | 24.7% | 5 |
Countries ranked near Lesotho
- 127 Djibouti 25.2% compare
- 128 Azerbaijan 24.9% compare
- 129 Seychelles 24.5% compare
- 131 Ireland 23.8% compare
- 132 Micronesia, Federated States of 23.4% compare
- 133 Eswatini 23.1% 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 24.3% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Lesotho?
- The highest recorded value was 24.7% in 2023.
- 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 130th out of 187 countries with data for 2024.
- Is domestic credit to private sector rising or falling in Lesotho?
- Over the last ten years it is up 25.7%. The long-run trend across the full record is rising.
- Where does this Lesotho data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), 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 by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.