Lesotho's net domestic credit (current LCU) was 3.67 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 2,042% from 171.28 million in 2014 (35.86% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 3.67 billion | 2024 |
| Five years earlier | 5.52 billion | 2019 |
| Ten years earlier | 171.28 million | 2014 |
| Highest | 6.66 billion | 2022 |
| Lowest | -2.47 billion | 2008 |
| Average since 2015 | 4.8 billion | 2015–2024 |
| First recorded | 55.23 million |
What the numbers say
In 2024, Lesotho's net domestic credit (current LCU) fell 2.23 billion on 2023 (from 5.89 billion to 3.67 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +195.13 million and a typical year strayed about 871.75 million from that (the standard deviation). This year's change was 2.8 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 2.42 billion in 2016 and the biggest yearly fall was 2.23 billion in 2024. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 24% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Lesotho had the 38th highest value of the 40 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Lesotho in the 2024 ranking
- Latvia — 35th of 40: 16.04 billion
- Bahamas, The — 36th of 40: 10.95 billion
- Kosovo — 37th of 40: 5.61 billion
- Montenegro — 39th of 40: 3.65 billion
- Liberia — 40th of 40: 1.6 billion
What this measures
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 45 values
| Year | Net domestic credit (current LCU) |
|---|---|
| 2024 | 3,668,294,665 |
| 2023 | 5,894,112,841 |
| 2022 | 6,658,182,288 |
| 2021 | 5,208,392,152 |
| 2020 | 5,312,444,944 |
| 2019 | 5,517,398,425 |
| 2018 | 6,401,464,298 |
| 2017 | 5,455,586,765 |
| 2016 | 3,160,310,225 |
| 2015 | 742,929,551 |
| 2014 |
Net domestic credit (current LCU) in nearby economies
- Angola — 17.9 trillion (2025)
- Benin — 3.35 trillion (2025)
- Botswana — 119.01 billion (2025)
- Burkina Faso — 5.09 trillion (2025)
- Burundi — 2.81 trillion (2019)
- Cabo Verde — 195.38 billion (2025)
- Cameroon — 4.4 trillion (2019)
- Central African Republic — 318.11 billion (2016)
- Chad — 1.49 trillion (2016)
- Comoros — 157.23 billion (2024)
- Congo, Dem. Rep.
More financial sector data for Lesotho
- GDP deflator (base year varies by country) — 207.17 (2025)
- DEC alternative conversion factor (LCU per US$) — US$17.89 (2025)
- Official exchange rate (LCU per US$, period average) — US$17.89 (2025)
- Inflation, GDP deflator (annual % growth) — 3% (2025)
- Domestic credit to private sector by banks (% of GDP) — 23.84% (2024)
- Monetary sector credit to private sector (% of GDP) — 24.3% (2024)
- Domestic credit to private sector (% of GDP) — 24.3% (2024)
- Consumer price index (2010 = 100) — 221.03 (2025)
- Inflation, consumer prices (annual % growth) — 4.27% (2025)
Reading data like this
Questions people ask
- What is Lesotho's net domestic credit (current LCU)?
- 3.67 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1980?
- It is up 6,542% from 55.23 million in 1980 (10.01% a year on average, compounded). The highest value was 6.66 billion in 2022 and the lowest -2.47 billion in 2008.
- How does Lesotho rank?
- 38th highest of 40 economies with data for 2024.
- Is the latest change in net domestic credit (current LCU) unusual for Lesotho?
- In 2024, Lesotho's net domestic credit (current LCU) fell 2.23 billion on 2023 (from 5.89 billion to 3.67 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +195.13 million and a typical year strayed about 871.75 million from that (the standard deviation). This year's change was 2.8 standard deviations below that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator FM.AST.DOMS.CN, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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