Mongolia vs Nigeria: Total Credit — Value Standard Local Currency
Total Credit — Value Standard Local Currency over time
- Mongolia
- Nigeria
How they compare
Nigeria currently reports 44.54 million million SLC against 33.30 million million SLC in Mongolia, a difference of 11.23 million million SLC.
That makes Nigeria's figure about 1.3 times Mongolia's.
The two have swapped places 4 times across 33 shared years of data; in 1991 it was Nigeria ahead.
Mongolia ranks 15th and Nigeria ranks 14th of 163 countries.
Nigeria has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Mongolia | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 54,508 million SLC | 169,911 million SLC | 115,403 million SLC | Nigeria |
| 2000s | 1.26 million million SLC | 3.04 million million SLC | 1.79 million million SLC | Nigeria |
| 2010s | 11.85 million million SLC | 12.33 million million SLC | 486,109 million SLC | Nigeria |
| 2020s | 21.62 million million SLC | 29.69 million million SLC | 8.07 million million SLC | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total credit — value standard local currency, Mongolia or Nigeria?
- Nigeria, at 44.54 million million SLC against 33.30 million million SLC in Mongolia as of 2023.
- What is the difference in total credit — value standard local currency between Mongolia and Nigeria?
- 11.23 million million SLC, with Nigeria ahead.
- How many years of comparable data are there for Mongolia and Nigeria?
- 33 years are reported by both, from 1991 to 2023.
- How do Mongolia and Nigeria rank globally for total credit — value standard local currency?
- Mongolia ranks 15th and Nigeria ranks 14th of 163 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Total Credit — Value Standard Local Currency. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.