Lesotho's economy grew by 3.0 percent in 2021 after contracting by 9.6 percent in 2020. In response to the COVID-19 crisis, the Central Bank created a facility offering loans against corporate debt at a guaranteed rate of 0 percent. Inflation was 5.8 percent in 2021, up from 5.0 percent in 2020, The current account deficit widened from 2.2 percent of GDP in 2020 to 6.9 percent in 2021. The SDR allocation was US$95.18 million. Official reserves increased by USD 18.96 million in 2020 to USD 843.17 million as of September 17, 2021. (Download detailed Analysis Source : Report African Economic Outlook 2022 ; AfDB)
In June 2017, the banking sector of Lesotho represented a total asset of $ 0.27 billion.
Credit distributed to businesses represents $0.15 billion and, more broadly, credit to private sector totaling $0.43 billion.