Credit to Agriculture — Value Standard Local Currency in Maldives
Maldives: Credit to Agriculture — Value Standard Local Currency was 18.1 million SLC in 2024. ◆ Volatile
Credit to Agriculture — Value Standard Local Currency in Maldives, 1997–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, credit to agriculture — value standard local currency in Maldives stood at 18.1 million SLC.
The figure is up 11.7% on the previous year and up 129.1% over ten years.
Over the whole period, credit to agriculture — value standard local currency in Maldives peaked at 38.8 million SLC in 2008 and was at its lowest, 1.86 million SLC, in 2016.
That places Maldives 50th out of 59 countries with data for 2024, putting it in the bottom 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 Maldives, year by year
| Year | million SLC | Change |
|---|---|---|
| 1997 | 4.1 million SLC | — |
| 1998 | 4.8 million SLC | +17.1% |
| 1999 | 4.5 million SLC | -6.2% |
| 2000 | 3.8 million SLC | -15.6% |
| 2001 | 7.3 million SLC | +92.1% |
| 2002 | 10.5 million SLC | +43.8% |
| 2003 | 10.5 million SLC | +0.0% |
| 2004 | 11.6 million SLC | +10.5% |
| 2005 | 14 million SLC | +20.7% |
| 2006 | 17.2 million SLC | +22.9% |
| 2007 | 38 million SLC | +120.9% |
| 2008 | 38.8 million SLC | +2.1% |
| 2009 | 31.3 million SLC | -19.3% |
| 2010 | 28.7 million SLC | -8.3% |
| 2011 | 25 million SLC | -12.9% |
| 2012 | 15.9 million SLC | -36.4% |
| 2013 | 10.3 million SLC | -35.2% |
| 2014 | 7.9 million SLC | -23.3% |
| 2015 | 4.2 million SLC | -46.9% |
| 2016 | 1.86 million SLC | -55.7% |
| 2017 | 2.68 million SLC | +43.9% |
| 2018 | 2.33 million SLC | -12.8% |
| 2019 | 4.4 million SLC | +88.5% |
| 2020 | 6.5 million SLC | +47.7% |
| 2021 | 6.4 million SLC | -1.5% |
| 2022 | 6.2 million SLC | -3.1% |
| 2023 | 16.2 million SLC | +161.3% |
| 2024 | 18.1 million SLC | +11.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.47 million SLC | 4.1 million SLC | 4.8 million SLC | 3 |
| 2000s | 18.3 million SLC | 3.8 million SLC | 38.8 million SLC | 10 |
| 2010s | 10.33 million SLC | 1.86 million SLC | 28.7 million SLC | 10 |
| 2020s | 10.68 million SLC | 6.2 million SLC | 18.1 million SLC | 5 |
Countries ranked near Maldives
More agriculture & rural data for Maldives
- Agriculture, forestry, and fishing, value added (current US$), annual 30.99 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0459 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 670.93 current US$ per person (2025)
- Rural population, annual growth rate -0.5233 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.5749 units per person (2025)
- Share of GDP from agriculture 4.6% (2025)
- Agriculture as a share of GDP vs. GDP per capita 4.6% (2025)
- Agricultural raw materials exports 0.0% (2024)
- Agricultural raw materials imports 1.3% (2024)
Frequently asked questions
- What is credit to agriculture — value standard local currency in Maldives?
- Credit to agriculture — value standard local currency in Maldives was 18.1 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 Maldives?
- The highest recorded value was 38.8 million SLC in 2008.
- What is the lowest credit to agriculture — value standard local currency recorded in Maldives?
- The lowest recorded value was 1.86 million SLC in 2016.
- How does Maldives rank for credit to agriculture — value standard local currency?
- Maldives ranks 50th out of 59 countries with data for 2024.
- Is credit to agriculture — value standard local currency rising or falling in Maldives?
- Over the last ten years it is up 129.1%. The long-run trend across the full record is volatile.
- Where does this Maldives 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 — 28 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.