Credit to Agriculture — Value Standard Local Currency in Singapore
Singapore: Credit to Agriculture — Value Standard Local Currency was 1,813 million SLC in 2024. ◆ Volatile
Credit to Agriculture — Value Standard Local Currency in Singapore, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Singapore recorded 1,813 million SLC for credit to agriculture — value standard local currency in 2024.
Compared with earlier readings it is up 1.6% on the previous year and down 67.2% over ten years.
Over the whole period, credit to agriculture — value standard local currency in Singapore peaked at 5,834 million SLC in 2016 and was at its lowest, 86.5 million SLC, in 1992.
That places Singapore 31st out of 59 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Credit to Agriculture — Value Standard Local Currency in Singapore, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 96.9 million SLC | — |
| 1992 | 86.5 million SLC | -10.7% |
| 1993 | 105.5 million SLC | +22.0% |
| 1994 | 119.8 million SLC | +13.6% |
| 1995 | 159.3 million SLC | +33.0% |
| 1996 | 132.8 million SLC | -16.6% |
| 1997 | 187.6 million SLC | +41.3% |
| 1998 | 223.6 million SLC | +19.2% |
| 1999 | 191.4 million SLC | -14.4% |
| 2000 | 178.7 million SLC | -6.6% |
| 2001 | 113 million SLC | -36.8% |
| 2002 | 162.1 million SLC | +43.5% |
| 2003 | 305.5 million SLC | +88.5% |
| 2004 | 212.5 million SLC | -30.4% |
| 2005 | 293 million SLC | +37.9% |
| 2006 | 325.9 million SLC | +11.2% |
| 2007 | 232.1 million SLC | -28.8% |
| 2008 | 283.2 million SLC | +22.0% |
| 2009 | 260.3 million SLC | -8.1% |
| 2010 | 382.2 million SLC | +46.8% |
| 2011 | 1,720 million SLC | +349.9% |
| 2012 | 2,104 million SLC | +22.4% |
| 2013 | 4,906 million SLC | +133.1% |
| 2014 | 5,536 million SLC | +12.8% |
| 2015 | 5,612 million SLC | +1.4% |
| 2016 | 5,834 million SLC | +4.0% |
| 2017 | 3,714 million SLC | -36.3% |
| 2018 | 3,175 million SLC | -14.5% |
| 2019 | 2,299 million SLC | -27.6% |
| 2020 | 2,313 million SLC | +0.6% |
| 2021 | 2,052 million SLC | -11.3% |
| 2022 | 1,457 million SLC | -29.0% |
| 2023 | 1,785 million SLC | +22.5% |
| 2024 | 1,813 million SLC | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 144.82 million SLC | 86.5 million SLC | 223.6 million SLC | 9 |
| 2000s | 236.63 million SLC | 113 million SLC | 325.9 million SLC | 10 |
| 2010s | 3,528 million SLC | 382.2 million SLC | 5,834 million SLC | 10 |
| 2020s | 1,884 million SLC | 1,457 million SLC | 2,313 million SLC | 5 |
Countries ranked near Singapore
- 28 Tajikistan 3,127 million SLC compare
- 29 Ireland 3,036 million SLC compare
- 30 Liberia 2,311 million SLC compare
- 32 Gambia 1,671 million SLC compare
- 33 United Arab Emirates 1,604 million SLC compare
- 34 Afghanistan 1,412 million SLC compare
More agriculture & rural data for Singapore
- Agriculture, forestry, and fishing, value added (current US$), annual -1.4 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0002 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 24.33 current US$ per person (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0 units per person (2025)
- Share of GDP from agriculture 0.0% (2025)
- Agriculture as a share of GDP vs. GDP per capita 0.0% (2025)
- Agricultural raw materials exports 0.4% (2024)
- Agricultural raw materials imports 0.2% (2024)
- Rural population 0.0% (2025)
Frequently asked questions
- What is credit to agriculture — value standard local currency in Singapore?
- Credit to agriculture — value standard local currency in Singapore was 1,813 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 Singapore?
- The highest recorded value was 5,834 million SLC in 2016.
- What is the lowest credit to agriculture — value standard local currency recorded in Singapore?
- The lowest recorded value was 86.5 million SLC in 1992.
- How does Singapore rank for credit to agriculture — value standard local currency?
- Singapore ranks 31st out of 59 countries with data for 2024.
- Is credit to agriculture — value standard local currency rising or falling in Singapore?
- Over the last ten years it is down 67.2%. The long-run trend across the full record is volatile.
- Where does this Singapore 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
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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.