Credit to Agriculture — Value Standard Local Currency in India
India: Credit to Agriculture — Value Standard Local Currency was 24.20 million million SLC in 2024. ◆ Volatile
Credit to Agriculture — Value Standard Local Currency in India, 1996–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, credit to agriculture — value standard local currency in India stood at 24.20 million million SLC. That is the highest value across all 29 years on record.
The figure is up 33.1% on the previous year and up 235.1% over ten years.
Over the whole period, credit to agriculture — value standard local currency in India peaked at 24.20 million million SLC in 2024 and was at its lowest, 288,090 million SLC, in 1996.
India ranks 1st of 59 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Credit to Agriculture — Value Standard Local Currency in India, year by year
| Year | million SLC | Change |
|---|---|---|
| 1996 | 288,090 million SLC | — |
| 1997 | 316,342 million SLC | +9.8% |
| 1998 | 352,625 million SLC | +11.5% |
| 1999 | 408,893 million SLC | +16.0% |
| 2000 | 456,383 million SLC | +11.6% |
| 2001 | 517,304 million SLC | +13.3% |
| 2002 | 640,086 million SLC | +23.7% |
| 2003 | 759,352 million SLC | +18.6% |
| 2004 | 962,450 million SLC | +26.7% |
| 2005 | 1.24 million million SLC | +29.2% |
| 2006 | 1.73 million million SLC | +38.8% |
| 2007 | 2.30 million million SLC | +33.3% |
| 2008 | 2.74 million million SLC | +19.1% |
| 2009 | 3.09 million million SLC | +12.9% |
| 2010 | 3.90 million million SLC | +26.1% |
| 2011 | 4.61 million million SLC | +18.1% |
| 2012 | 4.69 million million SLC | +1.7% |
| 2013 | 6.76 million million SLC | +44.3% |
| 2014 | 7.22 million million SLC | +6.8% |
| 2015 | 8.11 million million SLC | +12.4% |
| 2016 | 8.73 million million SLC | +7.6% |
| 2017 | 9.94 million million SLC | +13.8% |
| 2018 | 11.23 million million SLC | +13.0% |
| 2019 | 11.79 million million SLC | +5.0% |
| 2020 | 12.59 million million SLC | +6.8% |
| 2021 | 13.78 million million SLC | +9.4% |
| 2022 | 15.39 million million SLC | +11.7% |
| 2023 | 18.18 million million SLC | +18.1% |
| 2024 | 24.20 million million SLC | +33.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 341,488 million SLC | 288,090 million SLC | 408,893 million SLC | 4 |
| 2000s | 1.44 million million SLC | 456,383 million SLC | 3.09 million million SLC | 10 |
| 2010s | 7.70 million million SLC | 3.90 million million SLC | 11.79 million million SLC | 10 |
| 2020s | 16.83 million million SLC | 12.59 million million SLC | 24.20 million million SLC | 5 |
Countries ranked near India
More agriculture & rural data for India
- Agriculture, forestry, and fishing, value added (current US$), annual -2.83 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.1623 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 438.73 current US$ per person (2025)
- Rural population, annual growth rate 0.4067 % change on previous year (2025)
- Rural population, per unit of GDP 0.0002 units per US$ of GDP (2025)
- Rural population, per capita 0.6431 units per person (2025)
- Share of GDP from agriculture 16.2% (2025)
- Agriculture as a share of GDP vs. GDP per capita 16.2% (2025)
- Agricultural raw materials exports 0.9% (2024)
- Agricultural raw materials imports 1.5% (2024)
Frequently asked questions
- What is credit to agriculture — value standard local currency in India?
- Credit to agriculture — value standard local currency in India was 24.20 million 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 India?
- The highest recorded value was 24.20 million million SLC in 2024.
- What is the lowest credit to agriculture — value standard local currency recorded in India?
- The lowest recorded value was 288,090 million SLC in 1996.
- How does India rank for credit to agriculture — value standard local currency?
- India ranks 1st out of 59 countries with data for 2024.
- Is credit to agriculture — value standard local currency rising or falling in India?
- Over the last ten years it is up 235.1%. The long-run trend across the full record is volatile.
- Where does this India 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 — 29 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.