Credit to Agriculture and Fishery — Value Standard Local Currency in Thailand
Thailand: Credit to Agriculture and Fishery — Value Standard Local Currency was 70,817 million SLC in 2023. ▼ Falling
Credit to Agriculture and Fishery — Value Standard Local Currency in Thailand, 1991–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Thailand recorded 70,817 million SLC for credit to agriculture and fishery — value standard local currency in 2023. That is the lowest value across all 33 years on record.
The figure is down 9.4% on the previous year and down 28.4% over ten years.
Over the whole period, credit to agriculture and fishery — value standard local currency in Thailand peaked at 280,191 million SLC in 1993 and was at its lowest, 70,817 million SLC, in 2023.
That places Thailand 7th out of 33 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently falling across the 33 years of available data.
Credit to Agriculture and Fishery — Value Standard Local Currency in Thailand, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 248,204 million SLC | — |
| 1992 | 263,276 million SLC | +6.1% |
| 1993 | 280,191 million SLC | +6.4% |
| 1994 | 270,886 million SLC | -3.3% |
| 1995 | 269,138 million SLC | -0.6% |
| 1996 | 265,828 million SLC | -1.2% |
| 1997 | 251,295 million SLC | -5.5% |
| 1998 | 144,867 million SLC | -42.4% |
| 1999 | 199,336 million SLC | +37.6% |
| 2000 | 177,820 million SLC | -10.8% |
| 2001 | 150,267 million SLC | -15.5% |
| 2002 | 151,453 million SLC | +0.8% |
| 2003 | 143,962 million SLC | -4.9% |
| 2004 | 147,103 million SLC | +2.2% |
| 2005 | 142,833 million SLC | -2.9% |
| 2006 | 133,795 million SLC | -6.3% |
| 2007 | 119,277 million SLC | -10.9% |
| 2008 | 101,689 million SLC | -14.7% |
| 2009 | 88,925 million SLC | -12.6% |
| 2010 | 93,558 million SLC | +5.2% |
| 2011 | 84,400 million SLC | -9.8% |
| 2012 | 93,314 million SLC | +10.6% |
| 2013 | 98,929 million SLC | +6.0% |
| 2014 | 99,216 million SLC | +0.3% |
| 2015 | 107,960 million SLC | +8.8% |
| 2016 | 99,803 million SLC | -7.6% |
| 2017 | 99,504 million SLC | -0.3% |
| 2018 | 94,924 million SLC | -4.6% |
| 2019 | 89,840 million SLC | -5.4% |
| 2020 | 89,456 million SLC | -0.4% |
| 2021 | 88,998 million SLC | -0.5% |
| 2022 | 78,149 million SLC | -12.2% |
| 2023 | 70,817 million SLC | -9.4% |
Thailand compared with similar countries
- Thailand's 70,817 million SLC is above the median for upper middle income countries, which is 345.66 million SLC, 204.9× the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 243,669 million SLC | 144,867 million SLC | 280,191 million SLC | 9 |
| 2000s | 135,712 million SLC | 88,925 million SLC | 177,820 million SLC | 10 |
| 2010s | 96,145 million SLC | 84,400 million SLC | 107,960 million SLC | 10 |
| 2020s | 81,855 million SLC | 70,817 million SLC | 89,456 million SLC | 4 |
Countries ranked near Thailand
More agriculture & rural data for Thailand
- Agriculture, forestry, and fishing, value added (current US$), annual 7.21 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0875 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 704.7 current US$ per person (2025)
- Rural population, annual growth rate -2.51 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.372 units per person (2025)
- Share of GDP from agriculture 8.7% (2025)
- Agriculture as a share of GDP vs. GDP per capita 8.7% (2025)
- Agricultural raw materials exports 4.0% (2024)
- Agricultural raw materials imports 1.3% (2024)
Frequently asked questions
- What is credit to agriculture and fishery — value standard local currency in Thailand?
- Credit to agriculture and fishery — value standard local currency in Thailand was 70,817 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest credit to agriculture and fishery — value standard local currency recorded in Thailand?
- The highest recorded value was 280,191 million SLC in 1993.
- What is the lowest credit to agriculture and fishery — value standard local currency recorded in Thailand?
- The lowest recorded value was 70,817 million SLC in 2023.
- How does Thailand rank for credit to agriculture and fishery — value standard local currency?
- Thailand ranks 7th out of 33 countries with data for 2023.
- Is credit to agriculture and fishery — value standard local currency rising or falling in Thailand?
- Over the last ten years it is down 28.4%. The long-run trend across the full record is falling.
- Where does this Thailand data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Credit to Agriculture and Fishery — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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.