Monetary Sector credit to private sector in Lesotho
Lesotho: Monetary Sector credit to private sector was 24.3% in 2024. ▲ Rising
Monetary Sector credit to private sector in Lesotho, 1973–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
The most recent figure for monetary sector credit to private sector in Lesotho is 24.3%, measured in 2024.
The figure is down 1.7% on the previous year and up 25.7% over ten years.
Over the whole period, monetary sector credit to private sector in Lesotho peaked at 24.7% in 2023 and was at its lowest, 5.3%, in 2004.
Lesotho ranks 125th of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 52 years of available data.
Monetary Sector credit to private sector in Lesotho, year by year
| Year | % 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
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 monetary sector credit to private sector in Lesotho?
- Monetary sector 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 monetary sector credit to private sector recorded in Lesotho?
- The highest recorded value was 24.7% in 2023.
- What is the lowest monetary sector credit to private sector recorded in Lesotho?
- The lowest recorded value was 5.3% in 2004.
- How does Lesotho rank for monetary sector credit to private sector?
- Lesotho ranks 125th out of 186 countries with data for 2024.
- Is monetary sector 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 Monetary Sector credit to private sector (% 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. 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.