Given a compact Lie group $G$, in this paper we establish $L^{p}$-bounds for pseudo-differential operators in $L^{p}(G)$. The criteria here are given in terms of the concept of matrix symbols defined on the noncommutative analogue of the phase space $G\times \widehat{G}$, where $\widehat{G}$ is the unitary dual of $G$. We obtain two different types of $L^{p}$ bounds: first for finite regularity symbols and second for smooth symbols. The conditions for smooth symbols are formulated using $\mathscr{S}_{\unicode[STIX]{x1D70C},\unicode[STIX]{x1D6FF}}^{m}(G)$ classes which are a suitable extension of the well-known $(\unicode[STIX]{x1D70C},\unicode[STIX]{x1D6FF})$ ones on the Euclidean space. The results herein extend classical $L^{p}$ bounds established by C. Fefferman on $\mathbb{R}^{n}$. While Fefferman's results have immediate consequences on general manifolds for $\unicode[STIX]{x1D70C}>\max \{\unicode[STIX]{x1D6FF},1-\unicode[STIX]{x1D6FF}\}$, our results do not require the condition $\unicode[STIX]{x1D70C}>1-\unicode[STIX]{x1D6FF}$. Moreover, one of our results also does not require $\unicode[STIX]{x1D70C}>\unicode[STIX]{x1D6FF}$. Examples are given for the case of $\text{SU}(2)\cong \mathbb{S}^{3}$ and vector fields/sub-Laplacian operators when operators in the classes $\mathscr{S}_{0,0}^{m}$ and $\mathscr{S}_{\frac{1}{2},0}^{m}$ naturally appear, and where conditions $\unicode[STIX]{x1D70C}>\unicode[STIX]{x1D6FF}$ and $\unicode[STIX]{x1D70C}>1-\unicode[STIX]{x1D6FF}$ fail, respectively.