Lending Rate, Percent per annum in Lesotho
Lesotho: Lending Rate, Percent per annum was 11.21 in 2024. ▼ Falling
Lending Rate, Percent per annum in Lesotho, 1980–2024
Source: International Monetary Fund.
Analysis
In 2024, lending rate, percent per annum in Lesotho stood at 11.21.
That represents a change of up 1.1% on the previous year and up 8.4% over ten years.
Over the whole period, lending rate, percent per annum in Lesotho peaked at 20.42 in 1990 and was at its lowest, 8.21, in 2021.
That places Lesotho 57th out of 144 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 45 years of available data.
Lending Rate, Percent per annum in Lesotho, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 11 | — |
| 1981 | 15 | +36.4% |
| 1982 | 17 | +13.3% |
| 1983 | 15.42 | -9.3% |
| 1984 | 17.58 | +14.1% |
| 1985 | 19.67 | +11.8% |
| 1986 | 13.42 | -31.8% |
| 1987 | 11.12 | -17.1% |
| 1988 | 13.67 | +22.8% |
| 1989 | 18.75 | +37.2% |
| 1990 | 20.42 | +8.9% |
| 1991 | 20 | -2.0% |
| 1992 | 18.25 | -8.8% |
| 1993 | 15.83 | -13.2% |
| 1994 | 14.25 | -10.0% |
| 1995 | 16.38 | +14.9% |
| 1996 | 17.71 | +8.1% |
| 1997 | 18.03 | +1.8% |
| 1998 | 20.06 | +11.3% |
| 1999 | 19.06 | -5.0% |
| 2000 | 17.11 | -10.2% |
| 2001 | 16.55 | -3.3% |
| 2002 | 17.11 | +3.4% |
| 2003 | 16.02 | -6.4% |
| 2004 | 12.38 | -22.7% |
| 2005 | 11.72 | -5.3% |
| 2006 | 12.16 | +3.8% |
| 2007 | 14.13 | +16.2% |
| 2008 | 16.19 | +14.5% |
| 2009 | 13 | -19.7% |
| 2010 | 11.22 | -13.7% |
| 2011 | 10.43 | -7.1% |
| 2012 | 10.12 | -3.0% |
| 2013 | 9.92 | -2.0% |
| 2014 | 10.34 | +4.2% |
| 2015 | 10.57 | +2.2% |
| 2016 | 11.58 | +9.5% |
| 2017 | 11.58 | +0.0% |
| 2018 | 11.35 | -2.0% |
| 2019 | 11.33 | -0.2% |
| 2020 | 8.98 | -20.8% |
| 2021 | 8.21 | -8.5% |
| 2022 | 8.98 | +9.4% |
| 2023 | 11.08 | +23.4% |
| 2024 | 11.21 | +1.1% |
Lesotho compared with similar countries
- Lesotho's 11.21 is below the median for lower middle income countries, which is 11.63, 96% of the median. (38 countries reporting)
- Lesotho's 11.21 is below the median for Sub-Saharan Africa, which is 14.29, 78% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 15.26 | 11 | 19.67 | 10 |
| 1990s | 18 | 14.25 | 20.42 | 10 |
| 2000s | 14.64 | 11.72 | 17.11 | 10 |
| 2010s | 10.84 | 9.92 | 11.58 | 10 |
| 2020s | 9.69 | 8.21 | 11.21 | 5 |
Countries ranked near Lesotho
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 lending rate, percent per annum in Lesotho?
- Lending rate, percent per annum in Lesotho was 11.21 in 2024, according to International Monetary Fund.
- What is the highest lending rate, percent per annum recorded in Lesotho?
- The highest recorded value was 20.42 in 1990.
- What is the lowest lending rate, percent per annum recorded in Lesotho?
- The lowest recorded value was 8.21 in 2021.
- How does Lesotho rank for lending rate, percent per annum?
- Lesotho ranks 57th out of 144 countries with data for 2024.
- Is lending rate, percent per annum rising or falling in Lesotho?
- Over the last ten years it is up 8.4%. The long-run trend across the full record is falling.
- Where does this Lesotho data come from?
- The figures come from International Monetary Fund, published as part of Lending Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.