External borrowing, net in Lesotho
Lesotho: External borrowing, net was 1.61 billion current LCU in 2011. ◆ Volatile
External borrowing, net in Lesotho, 1975–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
In 2011, external borrowing, net in Lesotho stood at 1.61 billion current LCU.
The figure is down 4.4% on the previous year and up 1,638.1% over ten years.
Over the whole period, external borrowing, net in Lesotho peaked at 2.06 billion current LCU in 2009 and was at its lowest, -268.73 million current LCU, in 2006.
Lesotho ranks 32nd of 50 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External borrowing, net in Lesotho, year by year
| Year | current LCU | Change |
|---|---|---|
| 1975 | 450,500 current LCU | — |
| 1976 | 838,500 current LCU | +86.1% |
| 1977 | -4.12 million current LCU | -591.7% |
| 1980 | 0 current LCU | -100.0% |
| 1981 | 0 current LCU | — |
| 1982 | 0 current LCU | — |
| 1983 | 0 current LCU | — |
| 1984 | 0 current LCU | — |
| 1985 | 0 current LCU | — |
| 1986 | 0 current LCU | — |
| 1987 | 70.53 million current LCU | — |
| 1988 | 70.97 million current LCU | +0.6% |
| 1989 | 101.65 million current LCU | +43.2% |
| 1990 | 123.50 million current LCU | +21.5% |
| 1991 | 126.58 million current LCU | +2.5% |
| 1992 | 137.18 million current LCU | +8.4% |
| 1993 | 163.06 million current LCU | +18.9% |
| 1994 | 120.71 million current LCU | -26.0% |
| 1995 | 178.98 million current LCU | +48.3% |
| 1996 | 311.39 million current LCU | +74.0% |
| 1997 | 345.93 million current LCU | +11.1% |
| 1998 | 99.95 million current LCU | -71.1% |
| 1999 | -48.65 million current LCU | -148.7% |
| 2000 | -210.55 million current LCU | +332.8% |
| 2001 | -105.00 million current LCU | -50.1% |
| 2002 | 28.73 million current LCU | -127.4% |
| 2003 | -5.17 million current LCU | -118.0% |
| 2004 | -35.15 million current LCU | +579.2% |
| 2005 | -217.03 million current LCU | +517.4% |
| 2006 | -268.73 million current LCU | +23.8% |
| 2007 | -50.10 million current LCU | -81.4% |
| 2008 | 225,000 current LCU | -100.4% |
| 2009 | 2.06 billion current LCU | +913233.3% |
| 2010 | 1.69 billion current LCU | -17.8% |
| 2011 | 1.61 billion current LCU | -4.4% |
Lesotho compared with similar countries
- Lesotho's 1.61 billion current LCU is below the median for lower middle income countries, which is 3.27 billion current LCU, 49% of the median. (24 countries reporting)
- Lesotho's 1.61 billion current LCU is below the median for Sub-Saharan Africa, which is 9.40 billion current LCU, 17% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where External borrowing, net in Lesotho changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +913233.3% | 225,000 current LCU | 2.06 billion current LCU |
| 1977 | -591.7% | 838,500 current LCU | -4.12 million current LCU |
| 2004 | -579.2% | -5.17 million current LCU | -35.15 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -944,500 current LCU | -4.12 million current LCU | 838,500 current LCU | 3 |
| 1980s | 24.32 million current LCU | 0 current LCU | 101.65 million current LCU | 10 |
| 1990s | 155.86 million current LCU | -48.65 million current LCU | 345.93 million current LCU | 10 |
| 2000s | 119.22 million current LCU | -268.73 million current LCU | 2.06 billion current LCU | 10 |
| 2010s | 1.65 billion current LCU | 1.61 billion current LCU | 1.69 billion current LCU | 2 |
Countries ranked near Lesotho
More science & technology data for Lesotho
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 70.33 (2024)
- Mobile cellular subscriptions by country, per capita 0.7033 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0007 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 1.64 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 52.8 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 1.41 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate 2.55 % change on previous year (2024)
- Scientific and technical journal articles 60.18 (2023)
- Scientific and technical journal articles, per capita 0 units per person (2023)
Frequently asked questions
- What is external borrowing, net in Lesotho?
- External borrowing, net in Lesotho was 1.61 billion current LCU in 2011, according to World Bank country economists.
- What is the highest external borrowing, net recorded in Lesotho?
- The highest recorded value was 2.06 billion current LCU in 2009.
- What is the lowest external borrowing, net recorded in Lesotho?
- The lowest recorded value was -268.73 million current LCU in 2006.
- How does Lesotho rank for external borrowing, net?
- Lesotho ranks 32nd out of 50 countries with data for 2011.
- Is external borrowing, net rising or falling in Lesotho?
- Over the last ten years it is up 1,638.1%. The long-run trend across the full record is volatile.
- Where does this Lesotho data come from?
- The figures come from World Bank country economists, published as part of External borrowing, net (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Financing from abroad (obtained from nonresidents) refer to the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. It includes all government liabilities--other. Data are in current local currency.