Total Credit — Value Standard Local Currency in Lesotho
Lesotho: Total Credit — Value Standard Local Currency was 2,785 million SLC in 2024. ▲ Rising
Total Credit — Value Standard Local Currency in Lesotho, 2009–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, total credit — value standard local currency in Lesotho stood at 2,785 million SLC. That is the highest value across all 16 years on record.
That represents a change of up 2.5% on the previous year and up 53.4% over ten years.
Over the whole period, total credit — value standard local currency in Lesotho peaked at 2,785 million SLC in 2024 and was at its lowest, 896.6 million SLC, in 2009.
Lesotho ranks 153rd of 165 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Total Credit — Value Standard Local Currency in Lesotho, year by year
| Year | million SLC | Change |
|---|---|---|
| 2009 | 896.6 million SLC | — |
| 2010 | 1,059 million SLC | +18.1% |
| 2011 | 1,196 million SLC | +12.9% |
| 2012 | 1,471 million SLC | +23.0% |
| 2013 | 1,558 million SLC | +5.9% |
| 2014 | 1,815 million SLC | +16.5% |
| 2015 | 2,103 million SLC | +15.9% |
| 2016 | 1,967 million SLC | -6.5% |
| 2017 | 1,983 million SLC | +0.8% |
| 2018 | 2,098 million SLC | +5.8% |
| 2019 | 2,211 million SLC | +5.4% |
| 2020 | 2,016 million SLC | -8.8% |
| 2021 | 2,073 million SLC | +2.8% |
| 2022 | 2,210 million SLC | +6.6% |
| 2023 | 2,718 million SLC | +23.0% |
| 2024 | 2,785 million SLC | +2.5% |
Lesotho compared with similar countries
- Lesotho's 2,785 million SLC is below the median for lower middle income countries, which is 487,892 million SLC, 1% of the median. (38 countries reporting)
- Lesotho's 2,785 million SLC is below the median for Sub-Saharan Africa, which is 494,292 million SLC, 1% of the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 896.6 million SLC | 896.6 million SLC | 896.6 million SLC | 1 |
| 2010s | 1,746 million SLC | 1,059 million SLC | 2,211 million SLC | 10 |
| 2020s | 2,360 million SLC | 2,016 million SLC | 2,785 million SLC | 5 |
Countries ranked near Lesotho
- 150 Saint Lucia 3,878 million SLC compare
- 151 Montenegro 3,505 million SLC compare
- 152 Antigua and Barbuda 3,294 million SLC compare
- 154 Belize 2,675 million SLC compare
- 155 Saint Kitts and Nevis 2,491 million SLC compare
- 156 Grenada 2,399 million SLC compare
More agriculture & rural data for Lesotho
- Agriculture, forestry, and fishing, value added (current US$), annual 5.38 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0649 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 70.63 current US$ per person (2025)
- Rural population, annual growth rate -0.6715 % change on previous year (2025)
- Rural population, per unit of GDP 0.0005 units per US$ of GDP (2025)
- Rural population, per capita 0.5533 units per person (2025)
- Share of GDP from agriculture 6.5% (2025)
- Agriculture as a share of GDP vs. GDP per capita 6.5% (2025)
- Agricultural raw materials exports 5.1% (2024)
- Agricultural raw materials imports 2.0% (2024)
Frequently asked questions
- What is total credit — value standard local currency in Lesotho?
- Total credit — value standard local currency in Lesotho was 2,785 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value standard local currency recorded in Lesotho?
- The highest recorded value was 2,785 million SLC in 2024.
- What is the lowest total credit — value standard local currency recorded in Lesotho?
- The lowest recorded value was 896.6 million SLC in 2009.
- How does Lesotho rank for total credit — value standard local currency?
- Lesotho ranks 153rd out of 165 countries with data for 2024.
- Is total credit — value standard local currency rising or falling in Lesotho?
- Over the last ten years it is up 53.4%. The long-run trend across the full record is rising.
- Where does this Lesotho data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.