Private credit by deposit money banks and other financial in Lesotho
Lesotho: Private credit by deposit money banks and other financial was 21.1% in 2021. ▲ Rising
Private credit by deposit money banks and other financial in Lesotho, 1973–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Lesotho recorded 21.1% for private credit by deposit money banks and other financial in 2021.
Compared with earlier readings it is up 8.1% on the previous year and up 48.8% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Lesotho peaked at 22.0% in 1994 and was at its lowest, 2.5%, in 1975.
That places Lesotho 142nd out of 187 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 49 years of available data.
Private credit by deposit money banks and other financial in Lesotho, year by year
| Year | % | Change |
|---|---|---|
| 1973 | 3.0% | — |
| 1974 | 3.4% | +12.8% |
| 1975 | 2.5% | -26.2% |
| 1976 | 2.8% | +11.6% |
| 1977 | 4.2% | +47.4% |
| 1978 | 4.9% | +17.5% |
| 1979 | 6.8% | +40.3% |
| 1980 | 7.1% | +3.1% |
| 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 | 18.0% | -18.2% |
| 1996 | 16.1% | -10.4% |
| 1997 | 21.1% | +31.1% |
| 1998 | 16.0% | -24.2% |
| 1999 | 14.5% | -9.3% |
| 2000 | 13.5% | -6.8% |
| 2001 | 12.3% | -9.3% |
| 2002 | 12.3% | +0.4% |
| 2003 | 5.2% | -58.0% |
| 2004 | 5.1% | -1.7% |
| 2005 | 7.1% | +38.6% |
| 2006 | 7.2% | +2.1% |
| 2007 | 9.8% | +36.3% |
| 2008 | 9.8% | +0.4% |
| 2009 | 12.4% | +26.2% |
| 2010 | 13.2% | +6.6% |
| 2011 | 14.2% | +7.0% |
| 2012 | 18.4% | +29.5% |
| 2013 | 19.7% | +7.4% |
| 2014 | 19.1% | -3.2% |
| 2015 | 18.0% | -5.5% |
| 2016 | 17.8% | -1.3% |
| 2017 | 19.7% | +10.5% |
| 2018 | 20.2% | +2.5% |
| 2019 | 20.5% | +1.4% |
| 2020 | 19.5% | -4.6% |
| 2021 | 21.1% | +8.1% |
Lesotho compared with similar countries
- Lesotho's 21.1% is below the median for lower middle income countries, which is 24.6%, 86% of the median. (46 countries reporting)
- Lesotho's 21.1% is above the median for Sub-Saharan Africa, which is 15.4%, 1.4× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.0% | 2.5% | 6.8% | 7 |
| 1980s | 13.1% | 7.1% | 15.4% | 10 |
| 1990s | 17.3% | 14.5% | 22.0% | 10 |
| 2000s | 9.5% | 5.1% | 13.5% | 10 |
| 2010s | 18.1% | 13.2% | 20.5% | 10 |
| 2020s | 20.3% | 19.5% | 21.1% | 2 |
Countries ranked near Lesotho
- 139 Mauritania 22.6% compare
- 140 Cote d'Ivoire 21.9% compare
- 141 Micronesia (country) 21.9% compare
- 143 Laos 20.9% compare
- 144 Syria 20.7% compare
- 145 Eswatini 19.9% 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 private credit by deposit money banks and other financial in Lesotho?
- Private credit by deposit money banks and other financial in Lesotho was 21.1% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks and other financial recorded in Lesotho?
- The highest recorded value was 22.0% in 1994.
- What is the lowest private credit by deposit money banks and other financial recorded in Lesotho?
- The lowest recorded value was 2.5% in 1975.
- How does Lesotho rank for private credit by deposit money banks and other financial?
- Lesotho ranks 142nd out of 187 countries with data for 2021.
- Is private credit by deposit money banks and other financial rising or falling in Lesotho?
- Over the last ten years it is up 48.8%. The long-run trend across the full record is rising.
- Where does this Lesotho data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF)