Credit to Agriculture — Value Standard Local Currency, 2015 prices in Benin
Benin: Credit to Agriculture — Value Standard Local Currency, 2015 prices was 85,597 million SLC in 2024. ◆ Volatile
Credit to Agriculture — Value Standard Local Currency, 2015 prices in Benin, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, credit to agriculture — value standard local currency, 2015 prices in Benin stood at 85,597 million SLC. That is the highest value across all 30 years on record.
That represents a change of up 61.2% on the previous year and up 364.2% over ten years.
Over the whole period, credit to agriculture — value standard local currency, 2015 prices in Benin peaked at 85,597 million SLC in 2024 and was at its lowest, 576.98 million SLC, in 1995.
That places Benin 11th out of 59 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Credit to Agriculture — Value Standard Local Currency, 2015 prices in Benin, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 29,981 million SLC | — |
| 1992 | 722.97 million SLC | -97.6% |
| 1993 | 837.69 million SLC | +15.9% |
| 1994 | 597.08 million SLC | -28.7% |
| 1995 | 576.98 million SLC | -3.4% |
| 1996 | 7,012 million SLC | +1115.3% |
| 1997 | 841.82 million SLC | -88.0% |
| 1999 | 5,672 million SLC | +573.8% |
| 2000 | 8,151 million SLC | +43.7% |
| 2001 | 8,982 million SLC | +10.2% |
| 2002 | 11,062 million SLC | +23.2% |
| 2003 | 11,815 million SLC | +6.8% |
| 2004 | 10,342 million SLC | -12.5% |
| 2005 | 10,840 million SLC | +4.8% |
| 2006 | 8,260 million SLC | -23.8% |
| 2007 | 8,951 million SLC | +8.4% |
| 2008 | 10,947 million SLC | +22.3% |
| 2009 | 18,883 million SLC | +72.5% |
| 2011 | 26,632 million SLC | +41.0% |
| 2012 | 17,178 million SLC | -35.5% |
| 2013 | 17,085 million SLC | -0.5% |
| 2014 | 18,438 million SLC | +7.9% |
| 2015 | 34,531 million SLC | +87.3% |
| 2016 | 23,579 million SLC | -31.7% |
| 2017 | 21,400 million SLC | -9.2% |
| 2018 | 57,610 million SLC | +169.2% |
| 2019 | 40,259 million SLC | -30.1% |
| 2020 | 55,094 million SLC | +36.9% |
| 2021 | 53,084 million SLC | -3.6% |
| 2024 | 85,597 million SLC | +61.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5,780 million SLC | 576.98 million SLC | 29,981 million SLC | 8 |
| 2000s | 10,823 million SLC | 8,151 million SLC | 18,883 million SLC | 10 |
| 2010s | 28,524 million SLC | 17,085 million SLC | 57,610 million SLC | 9 |
| 2020s | 64,592 million SLC | 53,084 million SLC | 85,597 million SLC | 3 |
Countries ranked near Benin
More agriculture & rural data for Benin
- Agriculture, forestry, and fishing, value added (current US$), annual 8.16 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.2292 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 380.06 current US$ per person (2025)
- Rural population, annual growth rate 0.6697 % change on previous year (2025)
- Rural population, per unit of GDP 0.0003 units per US$ of GDP (2025)
- Rural population, per capita 0.4664 units per person (2025)
- Share of GDP from agriculture 22.9% (2025)
- Agriculture as a share of GDP vs. GDP per capita 22.9% (2025)
- Agricultural raw materials exports 52.9% (2024)
- Agricultural raw materials imports 1.8% (2024)
Frequently asked questions
- What is credit to agriculture — value standard local currency, 2015 prices in Benin?
- Credit to agriculture — value standard local currency, 2015 prices in Benin was 85,597 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 Benin?
- The highest recorded value was 85,597 million SLC in 2024.
- What is the lowest credit to agriculture — value standard local currency, 2015 prices recorded in Benin?
- The lowest recorded value was 576.98 million SLC in 1995.
- How does Benin rank for credit to agriculture — value standard local currency, 2015 prices?
- Benin ranks 11th out of 59 countries with data for 2024.
- Is credit to agriculture — value standard local currency, 2015 prices rising or falling in Benin?
- Over the last ten years it is up 364.2%. The long-run trend across the full record is volatile.
- Where does this Benin 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.
Download this data
CSV · JSON — 30 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.