Lending Interest Rates Statistics in Lesotho (2026)
In 2024, the average lending interest rate in Lesotho stood at 11.2%, according to World Bank World Development Indicators data. Up from 11.1% in 2023 to 11.2% in 2024 (+0.1 percentage points). Lesotho ranks #11 of 27 economies in Sub-Saharan Africa on this measure, and #70 of 112 globally.
Key Statistics
- Latest value (2024)
- 11.2% (2024)
- Lending Interest Rates in Lesotho as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- +0.1 pp (2024)
- Up from 11.1% in 2023 to 11.2% in 2024 (+0.1 percentage points).
- Earliest value in this dataset (1990)
- 20.4% (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 20.4% in 1990 to 11.2% in 2024.
- Peak value (1990)
- 20.4% (1990)
- Highest value in the available series; the 2024 value is 11.2%.
- Rank in Sub-Saharan Africa (lower is better; rank 1 = lowest)
- #11 of 27 (2024)
- Lesotho ranks 11 of 27 countries in Sub-Saharan Africa with data, based on each country's latest value. Ranked ascending because lower values are better for this metric.
- Global rank (lower is better; rank 1 = lowest)
- #70 of 112 (2024)
- Lesotho ranks 70 of 112 countries with data globally. Ranked ascending because lower values are better for this metric.
- Sub-Saharan Africa average
- 18.1% (2024)
- Lesotho (11.2%) is below the average of 18.1% across the 27 countries in Sub-Saharan Africa with data.
- Risk premium on lending (lending rate minus treasury bill rate, %) (2024)
- 4.3% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Lesotho (2024)
- 51.8% (2024)
- 51.8% of the population in Lesotho used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 2.3 million (2024)
- Lesotho had a population of 2.3 million in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | % | Change |
|---|---|---|
| 2024 | 11.2% | +0.1 pp |
| 2023 | 11.1% | +2.1 pp |
| 2022 | 9% | +0.8 pp |
| 2021 | 8.2% | −0.8 pp |
| 2020 | 9% | −2.4 pp |
| 2019 | 11.3% | −0.0 pp |
| 2018 | 11.4% | −0.2 pp |
| 2017 | 11.6% | +0.0 pp |
| 2016 | 11.6% | +1.0 pp |
| 2015 | 10.6% | +0.2 pp |
| 2014 | 10.3% | +0.4 pp |
| 2013 | 9.9% | −0.2 pp |
| 2012 | 10.1% | −0.3 pp |
| 2011 | 10.4% | −0.8 pp |
| 2010 | 11.2% | −1.8 pp |
| 2009 | 13% | −3.2 pp |
| 2008 | 16.2% | +2.1 pp |
| 2007 | 14.1% | +2.0 pp |
| 2006 | 12.2% | +0.4 pp |
| 2005 | 11.7% | −0.7 pp |
| 2004 | 12.4% | −3.6 pp |
| 2003 | 16% | −1.1 pp |
| 2002 | 17.1% | +0.6 pp |
| 2001 | 16.6% | −0.6 pp |
| 2000 | 17.1% | −2.0 pp |
| 1999 | 19.1% | −1.0 pp |
| 1998 | 20.1% | +2.0 pp |
| 1997 | 18% | +0.3 pp |
| 1996 | 17.7% | +1.3 pp |
| 1995 | 16.4% | +2.1 pp |
| 1994 | 14.3% | −1.6 pp |
| 1993 | 15.8% | −2.4 pp |
| 1992 | 18.3% | −1.8 pp |
| 1991 | 20% | −0.4 pp |
| 1990 | 20.4% | — |
Frequently asked questions
What is the latest figure for average lending interest rate in Lesotho?
The average lending interest rate in Lesotho stood at 11.2% in 2024, according to World Bank World Development Indicators data.
Where does the lending interest rates data for Lesotho come from?
The data comes from the World Bank World Development Indicators (indicator FR.INR.LEND). The latest observation for Lesotho is from 2024; the snapshot was retrieved on 2026-06-10.
How has lending interest rates in Lesotho changed over time?
World Bank World Development Indicators data show a decline from 20.4% in 1990 to 11.2% in 2024.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.LEND, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .