Credit to Agriculture — Value Standard Local Currency, 2015 prices in Thailand
Thailand: Credit to Agriculture — Value Standard Local Currency, 2015 prices was 72,780 million SLC in 2024. ▼ Falling
Credit to Agriculture — Value Standard Local Currency, 2015 prices in Thailand, 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 Thailand stood at 72,780 million SLC.
Compared with earlier readings it is up 2.8% on the previous year and down 16.4% over ten years.
Over the whole period, credit to agriculture — value standard local currency, 2015 prices in Thailand peaked at 233,903 million SLC in 1993 and was at its lowest, 70,775 million SLC, in 2022.
Thailand ranks 13th of 59 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 34 years of available data.
Credit to Agriculture — Value Standard Local Currency, 2015 prices in Thailand, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 205,012 million SLC | — |
| 1992 | 220,168 million SLC | +7.4% |
| 1993 | 233,903 million SLC | +6.2% |
| 1994 | 224,848 million SLC | -3.9% |
| 1995 | 223,685 million SLC | -0.5% |
| 1996 | 220,577 million SLC | -1.4% |
| 1997 | 208,933 million SLC | -5.3% |
| 1998 | 109,955 million SLC | -47.4% |
| 1999 | 166,330 million SLC | +51.3% |
| 2000 | 150,381 million SLC | -9.6% |
| 2001 | 125,360 million SLC | -16.6% |
| 2002 | 125,927 million SLC | +0.5% |
| 2003 | 121,298 million SLC | -3.7% |
| 2004 | 124,594 million SLC | +2.7% |
| 2005 | 122,833 million SLC | -1.4% |
| 2006 | 114,176 million SLC | -7.0% |
| 2007 | 101,885 million SLC | -10.8% |
| 2008 | 86,212 million SLC | -15.4% |
| 2009 | 75,288 million SLC | -12.7% |
| 2010 | 81,807 million SLC | +8.7% |
| 2011 | 74,056 million SLC | -9.5% |
| 2012 | 82,216 million SLC | +11.0% |
| 2013 | 86,253 million SLC | +4.9% |
| 2014 | 87,027 million SLC | +0.9% |
| 2015 | 96,449 million SLC | +10.8% |
| 2016 | 89,491 million SLC | -7.2% |
| 2017 | 89,824 million SLC | +0.4% |
| 2018 | 85,280 million SLC | -5.1% |
| 2019 | 80,938 million SLC | -5.1% |
| 2020 | 81,146 million SLC | +0.3% |
| 2021 | 80,879 million SLC | -0.3% |
| 2022 | 70,775 million SLC | -12.5% |
| 2023 | 70,817 million SLC | +0.1% |
| 2024 | 72,780 million SLC | +2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 201,490 million SLC | 109,955 million SLC | 233,903 million SLC | 9 |
| 2000s | 114,795 million SLC | 75,288 million SLC | 150,381 million SLC | 10 |
| 2010s | 85,334 million SLC | 74,056 million SLC | 96,449 million SLC | 10 |
| 2020s | 75,279 million SLC | 70,775 million SLC | 81,146 million SLC | 5 |
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 — value standard local currency, 2015 prices in Thailand?
- Credit to agriculture — value standard local currency, 2015 prices in Thailand was 72,780 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 Thailand?
- The highest recorded value was 233,903 million SLC in 1993.
- What is the lowest credit to agriculture — value standard local currency, 2015 prices recorded in Thailand?
- The lowest recorded value was 70,775 million SLC in 2022.
- How does Thailand rank for credit to agriculture — value standard local currency, 2015 prices?
- Thailand ranks 13th out of 59 countries with data for 2024.
- Is credit to agriculture — value standard local currency, 2015 prices rising or falling in Thailand?
- Over the last ten years it is down 16.4%. 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 — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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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.