Lending interest rate in Lesotho

Lesotho: Lending interest rate was 11.2% in 2024. ▼ Falling

Latest (2024)
11.2%
Change on year
up 1.1%
World rank
53rd
of 148 countries
All-time high
20.4%
in 1990
All-time low
8.2%
in 2021
Years of data
45
1980–2024

Lending interest rate in Lesotho, 1980–2024

051015201980200220241980: 11 %1981: 15 %1982: 17 %1983: 15.4 %1984: 17.6 %1985: 19.7 %1986: 13.4 %1987: 11.1 %1988: 13.7 %1989: 18.8 %1990: 20.4 %1991: 20 %1992: 18.2 %1993: 15.8 %1994: 14.2 %1995: 16.4 %1996: 17.7 %1997: 18 %1998: 20.1 %1999: 19.1 %2000: 17.1 %2001: 16.6 %2002: 17.1 %2003: 16 %2004: 12.4 %2005: 11.7 %2006: 12.2 %2007: 14.1 %2008: 16.2 %2009: 13 %2010: 11.2 %2011: 10.4 %2012: 10.1 %2013: 9.9 %2014: 10.3 %2015: 10.6 %2016: 11.6 %2017: 11.6 %2018: 11.4 %2019: 11.3 %2020: 9 %2021: 8.2 %2022: 9 %2023: 11.1 %2024: 11.2 %

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.

Analysis

Lesotho recorded 11.2% for lending interest rate in 2024.

The figure is up 1.1% on the previous year and up 8.4% over ten years.

Over the whole period, lending interest rate in Lesotho peaked at 20.4% in 1990 and was at its lowest, 8.2%, in 2021.

Lesotho ranks 53rd of 148 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 45 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 15.3% 11.0% 19.7% 10
1990s 18.0% 14.2% 20.4% 10
2000s 14.6% 11.7% 17.1% 10
2010s 10.8% 9.9% 11.6% 10
2020s 9.7% 8.2% 11.2% 5

Countries ranked near Lesotho

  1. 50 Bhutan 11.8% compare
  2. 51 Maldives 11.6% compare
  3. 52 Sri Lanka 11.2% compare
  4. 54 Iceland 11.0% compare
  5. 55 Namibia 11.0% compare
  6. 56 Belarus 10.9% compare

See the full ranking of 148 places →

More financial sector data for Lesotho

All data for Lesotho →

Frequently asked questions

What is lending interest rate in Lesotho?
Lending interest rate in Lesotho was 11.2% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest lending interest rate recorded in Lesotho?
The highest recorded value was 20.4% in 1990.
What is the lowest lending interest rate recorded in Lesotho?
The lowest recorded value was 8.2% in 2021.
How does Lesotho rank for lending interest rate?
Lesotho ranks 53rd out of 148 countries with data for 2024.
Is lending interest rate 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 Financial Statistics database, International Monetary Fund (IMF), published as part of Lending interest rate (%). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Lending interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
148 places, 4,788 data points, 1960–2025
Last refreshed

Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.