Lesotho—Firms Using Banks to Finance Investment (%)
Category: FinanceSource: World Bank World Development Indicators ↗Global Rank: #77 of 117Updated May 2026
Latest Value
20.4%
2023
YoY Change
-60.6%
2016 → 2023
Global Rank
#77
of 117 countries
Maximum
51.8%
2016
Minimum
20.4%
2023
CAGR
-3.3%
3 years
Last
20.4%
Previous
51.8%
Highest
51.8%
Lowest
20.4%
Source
World Bank World Development Indicators
Lesotho's firms using banks to finance investment (%) was 20.4% in 2023, ranking #77 out of 117 countries. This represents a -60.6% change from 2016. Over the past 3 years, the highest recorded value was 51.8% (2016) and the lowest was 20.4% (2023). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 20.4% | -60.6% |
| 2016 | 51.8% | +58.6% |
| 2009 | 32.7% |
Top Countries — Firms Using Banks to Finance Investment (%)
About This Indicator
Definition
Percentage of firms using banks to finance purchases of fixed assets.
Methodology
Data compiled by Enterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data.