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FinObservatory

Crisis atlas / LSO

Lesotho

2 distinct crisis events in 2 episodes, 19852015, from the union of five primary chronologies.

Debt profile: government debt trajectory and crisis-start levels →

0
Banking crises
2
Currency crises
0
Sovereign debt crises
2
Crisis events
1985–2015
Span

Crisis timeline

Every distinct (year, type) event, most recent first, with the chronologies flagging it. Start-year sources (GMD, JST) do not mark continuation years, so long episodes show lower agreement after their first year.

  1. 2015
    Currencygmd, laeven_valencia2 sources
  2. 1985
    Currencygmd, laeven_valencia2 sources

Source: Global Macro Database 2026_06 (Müller, Xu, Lehbib & Chen 2025) | Jordà-Schularick-Taylor Macrohistory R6 | Laeven & Valencia (2020) | Reinhart-Rogoff via HBS BFFS | ECB/ESRB Financial Crises Database Methodology

Macro context around each episode

Inflation, central-bank policy rate, and government debt in a window of five years either side of each crisis episode (consecutive crisis years bridged across gaps of up to two years). Crisis years shaded.

1985

Currency
Inflation (% y/y)
01020198019851990
Policy rate (%)
01020198019851990
Govt debt (% of GDP)
0102030198019851990

2015

Currency
Inflation (% y/y)
02.557.5201020152020
Policy rate (%)
051015201020152020
Govt debt (% of GDP)
0204060201020152020

Source: Global Macro Database 2026_06 (Müller, Xu, Lehbib & Chen 2025) Inflation is % year over year; policy rate is the central-bank rate in %; government debt is % of GDP. Methodology