Debt on Concessional terms to GDP in Lesotho
Lesotho: Debt on Concessional terms to GDP was 27.2% in 2011. ◆ Volatile
Debt on Concessional terms to GDP in Lesotho, 1970–2011
Source: World Bank, Global Development Finance. Measured in % of GDP.
Analysis
In 2011, debt on concessional terms to gdp in Lesotho stood at 27.2%.
The figure is down 10.0% on the previous year and down 53.5% over ten years.
Over the whole period, debt on concessional terms to gdp in Lesotho peaked at 71.3% in 2002 and was at its lowest, 0.0%, in 1970.
Lesotho ranks 10th of 50 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt on Concessional terms to GDP in Lesotho, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 9.7% | — |
| 1972 | 9.9% | +2.0% |
| 1973 | 5.6% | -43.4% |
| 1974 | 5.8% | +3.9% |
| 1975 | 8.7% | +49.5% |
| 1976 | 10.4% | +19.5% |
| 1977 | 11.9% | +15.1% |
| 1978 | 10.7% | -9.8% |
| 1979 | 13.2% | +22.9% |
| 1980 | 10.3% | -22.2% |
| 1981 | 12.7% | +23.3% |
| 1982 | 22.4% | +76.6% |
| 1983 | 25.1% | +12.1% |
| 1984 | 34.2% | +36.4% |
| 1985 | 52.0% | +51.9% |
| 1986 | 49.7% | -4.5% |
| 1987 | 47.4% | -4.6% |
| 1988 | 44.1% | -6.8% |
| 1989 | 49.2% | +11.5% |
| 1990 | 49.8% | +1.2% |
| 1991 | 51.6% | +3.7% |
| 1992 | 48.8% | -5.5% |
| 1993 | 50.5% | +3.5% |
| 1994 | 54.8% | +8.6% |
| 1995 | 51.4% | -6.2% |
| 1996 | 54.1% | +5.2% |
| 1997 | 47.8% | -11.7% |
| 1998 | 51.7% | +8.2% |
| 1999 | 54.0% | +4.5% |
| 2000 | 55.7% | +3.1% |
| 2001 | 58.5% | +5.0% |
| 2002 | 71.3% | +22.0% |
| 2003 | 53.0% | -25.8% |
| 2004 | 45.8% | -13.5% |
| 2005 | 38.7% | -15.5% |
| 2006 | 37.8% | -2.4% |
| 2007 | 36.2% | -4.1% |
| 2008 | 37.6% | +3.7% |
| 2009 | 37.1% | -1.3% |
| 2010 | 30.2% | -18.6% |
| 2011 | 27.2% | -10.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.6% | 0.0% | 13.2% | 10 |
| 1980s | 34.7% | 10.3% | 52.0% | 10 |
| 1990s | 51.5% | 47.8% | 54.8% | 10 |
| 2000s | 47.2% | 36.2% | 71.3% | 10 |
| 2010s | 28.7% | 27.2% | 30.2% | 2 |
Countries ranked near Lesotho
- 7 Gambia 42.4% compare
- 8 Comoros 40.2% compare
- 9 Eritrea 34.4% compare
- 11 Mozambique 25.7% compare
- 12 Côte d'Ivoire 25.4% compare
- 13 Tanzania, United Republic of 24.2% compare
More external debt data for Lesotho
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 0 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.7% (2024)
- Net financial flows, IDA 62.08 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 26.56 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.026 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD -363,000 NFL, current US$ (2013)
- Public and publicly guaranteed debt service 4.8% (2024)
Frequently asked questions
- What is debt on concessional terms to gdp in Lesotho?
- Debt on concessional terms to gdp in Lesotho was 27.2% in 2011, according to World Bank, Global Development Finance.
- What is the highest debt on concessional terms to gdp recorded in Lesotho?
- The highest recorded value was 71.3% in 2002.
- What is the lowest debt on concessional terms to gdp recorded in Lesotho?
- The lowest recorded value was 0.0% in 1970.
- How does Lesotho rank for debt on concessional terms to gdp?
- Lesotho ranks 10th out of 50 countries with data for 2011.
- Is debt on concessional terms to gdp rising or falling in Lesotho?
- Over the last ten years it is down 53.5%. The long-run trend across the full record is volatile.
- Where does this Lesotho data come from?
- The figures come from World Bank, Global Development Finance, published as part of Debt on Concessional terms to GDP (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Concessional Long-term Debt Outstanding and Disbursed (LDOD) conveys information about the borrower's receipt of aid from official lenders at concessional terms as defined by the Development Assistance Committee (DAC) of the OECD. Concessional debt is defined as loans with an original grant element of 25 percent or more. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. Loans from major regional development banks--African Development Bank, Asian Development Bank, and the Inter-American Development Bank--and from the World Bank are classified as concessional according to each institution's classification and not according to the DAC definition, as was the practice in earlier reports. LDOD is the total outstanding long-term debt at year end. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents and repayable in currency, goods, or services.