Lesotho: Financial development

The latest value from 2021 is 0.147 index points, an increase from 0.143 index points in 2020. In comparison, the world average is 0.331 index points, based on data from 178 countries. Historically, the average for Lesotho from 1980 to 2021 is 0.126 index points. The minimum value, 0.077 index points, was reached in 1980 while the maximum of 0.175 index points was recorded in 1997. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: An index for overall financial development based on the two subindexes for financial institutions development and financial markets development. See the indicator menu and Svirydzenka, Katsiaryna (IMF, 2016) for more detail.