Credit to Agriculture — Value Standard Local Currency, 2015 prices in Azerbaijan
Azerbaijan: Credit to Agriculture — Value Standard Local Currency, 2015 prices was 280.13 million SLC in 2024. ▼ Falling
Credit to Agriculture — Value Standard Local Currency, 2015 prices in Azerbaijan, 2005–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for credit to agriculture — value standard local currency, 2015 prices in Azerbaijan is 280.13 million SLC, measured in 2024.
The figure is up 10.2% on the previous year and down 63.7% over ten years.
Over the whole period, credit to agriculture — value standard local currency, 2015 prices in Azerbaijan peaked at 771.95 million SLC in 2014 and was at its lowest, 176.41 million SLC, in 2005.
That places Azerbaijan 41st out of 59 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Credit to Agriculture — Value Standard Local Currency, 2015 prices in Azerbaijan, year by year
| Year | million SLC | Change |
|---|---|---|
| 2005 | 176.41 million SLC | — |
| 2006 | 221.59 million SLC | +25.6% |
| 2007 | 264.61 million SLC | +19.4% |
| 2008 | 274.61 million SLC | +3.8% |
| 2009 | 510.87 million SLC | +86.0% |
| 2010 | 502.68 million SLC | -1.6% |
| 2011 | 433.76 million SLC | -13.7% |
| 2012 | 493.42 million SLC | +13.8% |
| 2013 | 659.5 million SLC | +33.7% |
| 2014 | 771.95 million SLC | +17.1% |
| 2015 | 508.1 million SLC | -34.2% |
| 2016 | 384.7 million SLC | -24.3% |
| 2017 | 321.68 million SLC | -16.4% |
| 2018 | 314.15 million SLC | -2.3% |
| 2019 | 364.03 million SLC | +15.9% |
| 2020 | 409.89 million SLC | +12.6% |
| 2021 | 352.26 million SLC | -14.1% |
| 2022 | 272.71 million SLC | -22.6% |
| 2023 | 254.32 million SLC | -6.7% |
| 2024 | 280.13 million SLC | +10.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 289.62 million SLC | 176.41 million SLC | 510.87 million SLC | 5 |
| 2010s | 475.4 million SLC | 314.15 million SLC | 771.95 million SLC | 10 |
| 2020s | 313.86 million SLC | 254.32 million SLC | 409.89 million SLC | 5 |
Countries ranked near Azerbaijan
More agriculture & rural data for Azerbaijan
- Agriculture, forestry, and fishing, value added (current US$), annual 8.29 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0593 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 439.1 current US$ per person (2025)
- Rural population, annual growth rate 0.2794 % change on previous year (2025)
- Rural population, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Rural population, per capita 0.4136 units per person (2025)
- Share of GDP from agriculture 5.9% (2025)
- Agriculture as a share of GDP vs. GDP per capita 5.9% (2025)
- Agricultural raw materials exports 0.7% (2025)
- Agricultural raw materials imports 1.1% (2025)
Frequently asked questions
- What is credit to agriculture — value standard local currency, 2015 prices in Azerbaijan?
- Credit to agriculture — value standard local currency, 2015 prices in Azerbaijan was 280.13 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest credit to agriculture — value standard local currency, 2015 prices recorded in Azerbaijan?
- The highest recorded value was 771.95 million SLC in 2014.
- What is the lowest credit to agriculture — value standard local currency, 2015 prices recorded in Azerbaijan?
- The lowest recorded value was 176.41 million SLC in 2005.
- How does Azerbaijan rank for credit to agriculture — value standard local currency, 2015 prices?
- Azerbaijan ranks 41st out of 59 countries with data for 2024.
- Is credit to agriculture — value standard local currency, 2015 prices rising or falling in Azerbaijan?
- Over the last ten years it is down 63.7%. The long-run trend across the full record is falling.
- Where does this Azerbaijan data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Credit to Agriculture — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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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.