Lesotho: Small firms with bank credit
* indicates monthly or quarterly data series
| Lesotho |
Small firms with bank credit, percent of all small firms |
|---|---|
| Latest value | 12.00 |
| Year | 2016 |
| Measure | percent |
| Data availability | 2009 - 2016 |
| Average | 16.75 |
| Min - Max | 12.00 - 21.50 |
| Source | The World Bank |
The latest value from 2016 is 12 percent, a decline from 21.5 percent in 2009. In comparison, the world average is 18.82 percent, based on data from 18 countries. Historically, the average for Lesotho from 2009 to 2016 is 16.75 percent. The minimum value, 12 percent, was reached in 2016 while the maximum of 21.5 percent was recorded in 2009.
See the global rankings or
world map for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Definition: Percentage of small firms (5-19 workers) in the formal sector with a line of credit or a loan from a (formal) financial institution, such as a bank, credit union, microfinance institution, or cooperative.
Selected articles from our guide:
Are trade deficits bad for the economy?
Sources of economic growth
Currency values and investment returns
How to write an economics research paper
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| ATMs per 100,000 adults | 13.86 | 2021 | ATMs per 100,000 adults |
| Bank accounts per 1000 adults | 414.78 | 2020 | bank accounts |
| Bank branches per 100,000 people | 3.79 | 2020 | bank branches |
| Firms using credit to finance investment | 51.80 | 2016 | percent |
| Small firms with bank credit | 12.00 | 2016 | percent |
| Percent people with credit cards | 3.44 | 2017 | percent |
| Percent people with debit cards | 20.45 | 2017 | percent |
| Domestic credit to the private sector | 20.01 | 2020 | percent |
| Bank credit to the private sector | 24.47 | 2023 | percent |
| Liquid liabilities, percent of GDP | 39.95 | 2021 | percent |
| Bank assets to GDP | 27.71 | 2021 | percent |
| Financial system deposits, percent of GDP | 36.23 | 2021 | percent |
| Bank credit to government | 6.96 | 2020 | percent |
| Banking system concentration | 100.00 | 2021 | percent |
| Percent people with bank accounts | 33.32 | 2017 | percent |