Credit to Agriculture — Value Standard Local Currency in Benin
Benin: Credit to Agriculture — Value Standard Local Currency was 99,789 million SLC in 2024. ◆ Volatile
Credit to Agriculture — Value Standard Local Currency in Benin, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Benin recorded 99,789 million SLC for credit to agriculture — value standard local currency in 2024. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 78.8% on the previous year and up 445.8% over ten years.
Over the whole period, credit to agriculture — value standard local currency in Benin peaked at 99,789 million SLC in 2024 and was at its lowest, 247 million SLC, in 1992.
Benin ranks 12th of 59 countries on this measure, 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 in Benin, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 9,942 million SLC | — |
| 1992 | 247 million SLC | -97.5% |
| 1993 | 293 million SLC | +18.6% |
| 1994 | 282 million SLC | -3.8% |
| 1995 | 321 million SLC | +13.8% |
| 1996 | 4,170 million SLC | +1199.1% |
| 1997 | 519 million SLC | -87.6% |
| 1999 | 3,696 million SLC | +612.1% |
| 2000 | 5,542 million SLC | +49.9% |
| 2001 | 6,227 million SLC | +12.4% |
| 2002 | 7,942 million SLC | +27.5% |
| 2003 | 8,742 million SLC | +10.1% |
| 2004 | 7,711 million SLC | -11.8% |
| 2005 | 8,429 million SLC | +9.3% |
| 2006 | 6,558 million SLC | -22.2% |
| 2007 | 7,134 million SLC | +8.8% |
| 2008 | 9,286 million SLC | +30.2% |
| 2009 | 16,425 million SLC | +76.9% |
| 2011 | 24,242 million SLC | +47.6% |
| 2012 | 16,840 million SLC | -30.5% |
| 2013 | 16,983 million SLC | +0.8% |
| 2014 | 18,282 million SLC | +7.6% |
| 2015 | 34,531 million SLC | +88.9% |
| 2016 | 23,740 million SLC | -31.3% |
| 2017 | 21,467 million SLC | -9.6% |
| 2018 | 58,178 million SLC | +171.0% |
| 2019 | 40,494 million SLC | -30.4% |
| 2020 | 57,011 million SLC | +40.8% |
| 2021 | 55,820 million SLC | -2.1% |
| 2024 | 99,789 million SLC | +78.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,434 million SLC | 247 million SLC | 9,942 million SLC | 8 |
| 2000s | 8,400 million SLC | 5,542 million SLC | 16,425 million SLC | 10 |
| 2010s | 28,306 million SLC | 16,840 million SLC | 58,178 million SLC | 9 |
| 2020s | 70,873 million SLC | 55,820 million SLC | 99,789 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 in Benin?
- Credit to agriculture — value standard local currency in Benin was 99,789 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 recorded in Benin?
- The highest recorded value was 99,789 million SLC in 2024.
- What is the lowest credit to agriculture — value standard local currency recorded in Benin?
- The lowest recorded value was 247 million SLC in 1992.
- How does Benin rank for credit to agriculture — value standard local currency?
- Benin ranks 12th out of 59 countries with data for 2024.
- Is credit to agriculture — value standard local currency rising or falling in Benin?
- Over the last ten years it is up 445.8%. 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. 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.