Savings Rate, Percent per annum in Lesotho
Lesotho: Savings Rate, Percent per annum was 2.68 in 2024. β Volatile
Savings Rate, Percent per annum in Lesotho, 1978β2024
Source: International Monetary Fund.
Analysis
The most recent figure for savings rate, percent per annum in Lesotho is 2.68, measured in 2024.
Compared with earlier readings it is up 1.6% on the previous year and up 41.1% over ten years.
Over the whole period, savings rate, percent per annum in Lesotho peaked at 15.38 in 1990 and was at its lowest, 0.9633, in 2016.
Lesotho ranks 20th of 63 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.5 | 3.5 | 3.5 | 2 |
| 1980s | 7.13 | 2.5 | 14.21 | 10 |
| 1990s | 10.04 | 5.95 | 15.38 | 10 |
| 2000s | 3.91 | 1.75 | 7.1 | 10 |
| 2010s | 1.88 | 0.9633 | 3.92 | 10 |
| 2020s | 2.19 | 1.68 | 2.68 | 5 |
Countries ranked near Lesotho
More financial sector data for Lesotho
- Net domestic credit (current LCU), per capita 1,569 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1.53 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate -37.76 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 0 SDR (2023)
- Gold reserves at market value 0 SDR (2023)
- Reserves excluding gold, foreign exchange 660.13 million SDR (2024)
- Reserves excluding gold 772.82 million SDR (2024)
- Total reserves (gold at market value) 772.82 million SDR (2024)
- Total reserves (gold at national valuation) 772.82 million SDR (2024)
- Domestic credit to private sector by banks 23.8% (2024)
Frequently asked questions
- What is savings rate, percent per annum in Lesotho?
- Savings rate, percent per annum in Lesotho was 2.68 in 2024, according to International Monetary Fund.
- What is the highest savings rate, percent per annum recorded in Lesotho?
- The highest recorded value was 15.38 in 1990.
- What is the lowest savings rate, percent per annum recorded in Lesotho?
- The lowest recorded value was 0.9633 in 2016.
- How does Lesotho rank for savings rate, percent per annum?
- Lesotho ranks 20th out of 63 countries with data for 2024.
- Is savings rate, percent per annum rising or falling in Lesotho?
- Over the last ten years it is up 41.1%. The long-run trend across the full record is volatile.
- Where does this Lesotho data come from?
- The figures come from International Monetary Fund, published as part of Savings 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.