Deposit interest rate — all countries

Deposit interest rate — Lesotho

Deposit interest rate in Lesotho in 2024 — 2.46%. Ranked 53 in the world out of 90. Since 1980, the indicator has fallen by 5.04 pp.

2024 2.46% +0.02 pp vs 2023
World rank 53of 90
Period maximum 13.89%1985
Period minimum 1.11%2016

Trend over time

1980–2024 · % per annum

Deposit interest rate — Lesotho, 1980–202405101519801985199019952000200520102015202020241980: 7.5%1984: 9.9%1985: 13.89%1986: 10.04%1987: 7%1988: 9.58%1989: 12.82%1990: 13%1991: 13%1992: 10.61%1993: 8.06%1994: 8.43%1995: 13.34%1996: 12.73%1997: 11.81%1998: 10.73%1999: 7.45%2000: 4.92%2001: 4.83%2002: 5.19%2003: 5.16%2004: 4.24%2005: 4.22%2006: 4.54%2007: 6.46%2008: 7.64%2009: 4.85%2010: 3.68%2011: 2.7%2012: 2.85%2013: 2.85%2014: 2.73%2015: 2.33%2016: 1.11%2017: 1.22%2018: 1.39%2019: 1.65%2020: 1.91%2021: 1.66%2022: 1.65%2023: 2.44%2024: 2.46%
Change over the period: −5.04 pp Annual average: -0.11 pp
Deposit interest rate — Lesotho, by year Lesotho All countries CSV XLSX
Year % Change, pp
2024 2.46 +0.02 pp
2023 2.44 +0.78 pp
2022 1.65 −0.01 pp
2021 1.66 −0.25 pp
2020 1.91 +0.26 pp
2019 1.65 +0.26 pp
2018 1.39 +0.18 pp
2017 1.22 +0.11 pp
2016 1.11 −1.23 pp
2015 2.33 −0.39 pp
2014 2.73 −0.13 pp
2013 2.85 +0 pp
2012 2.85 +0.16 pp
2011 2.7 −0.99 pp
2010 3.68 −1.17 pp
2009 4.85 −2.79 pp
2008 7.64 +1.18 pp
2007 6.46 +1.92 pp
2006 4.54 +0.33 pp
2005 4.22 −0.03 pp
2004 4.24 −0.92 pp
2003 5.16 −0.03 pp
2002 5.19 +0.35 pp
2001 4.83 −0.08 pp
2000 4.92 −2.54 pp
1999 7.45 −3.28 pp
1998 10.73 −1.08 pp
1997 11.81 −0.92 pp
1996 12.73 −0.61 pp
1995 13.34 +4.92 pp
1994 8.43 +0.36 pp
1993 8.06 −2.55 pp
1992 10.61 −2.39 pp
1991 13 +0 pp
1990 13 +0.18 pp
1989 12.82 +3.23 pp
1988 9.58 +2.58 pp
1987 7 −3.04 pp
1986 10.04 −3.85 pp
1985 13.89 +3.99 pp
1984 9.9
1980 7.5

Southern Africa, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

The average rate banks pay on time deposits of residents. Set against inflation it shows whether savings keep their purchasing power: if the deposit rate is below inflation, the real return on deposits is negative.

Important: There are no aggregates for country groups: the correct weight is the volume of deposits, and we have no such series. Adding rates without weights is meaningless: the rate of a country with a tiny banking system would weigh as much as that of a large one.

Source: World Economic Outlook (IMF), license IMF open data.