Private credit by deposit money banks to GDP in Lesotho
Lesotho: Private credit by deposit money banks to GDP was 21.1% in 2021. ▲ Rising
Private credit by deposit money banks to GDP in Lesotho, 1973–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, private credit by deposit money banks to gdp in Lesotho stood at 21.1%.
That represents a change of up 8.1% on the previous year and up 48.8% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Lesotho peaked at 22.0% in 1994 and was at its lowest, 2.5%, in 1975.
That places Lesotho 141st 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 to GDP 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% |
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
- 138 Côte d'Ivoire 21.9% compare
- 139 Guyana 21.9% compare
- 140 Micronesia, Federated States of 21.9% compare
- 142 Lao People's Democratic Republic 20.9% compare
- 143 Syrian Arab Republic 20.7% compare
- 144 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 to gdp in Lesotho?
- Private credit by deposit money banks to gdp 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 to gdp recorded in Lesotho?
- The highest recorded value was 22.0% in 1994.
- What is the lowest private credit by deposit money banks to gdp recorded in Lesotho?
- The lowest recorded value was 2.5% in 1975.
- How does Lesotho rank for private credit by deposit money banks to gdp?
- Lesotho ranks 141st out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp 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 to GDP (%). Statizoid updates them automatically from the source API.
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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 (IFS line 22d); 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).