Credit to Agriculture — Value Standard Local Currency in Thailand
Thailand: Credit to Agriculture — Value Standard Local Currency was 83,744 million SLC in 2024. ▼ Falling
Credit to Agriculture — Value Standard Local Currency 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 in Thailand stood at 83,744 million SLC.
Compared with earlier readings it is up 3.6% on the previous year and down 3.1% over ten years.
Over the whole period, credit to agriculture — value standard local currency in Thailand peaked at 132,362 million SLC in 1996 and was at its lowest, 65,794 million SLC, in 2009.
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 in Thailand, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 100,374 million SLC | — |
| 1992 | 112,118 million SLC | +11.7% |
| 1993 | 121,821 million SLC | +8.7% |
| 1994 | 122,577 million SLC | +0.6% |
| 1995 | 128,943 million SLC | +5.2% |
| 1996 | 132,362 million SLC | +2.7% |
| 1997 | 130,918 million SLC | -1.1% |
| 1998 | 74,454 million SLC | -43.1% |
| 1999 | 109,725 million SLC | +47.4% |
| 2000 | 100,524 million SLC | -8.4% |
| 2001 | 85,405 million SLC | -15.0% |
| 2002 | 87,242 million SLC | +2.2% |
| 2003 | 85,841 million SLC | -1.6% |
| 2004 | 91,321 million SLC | +6.4% |
| 2005 | 94,614 million SLC | +3.6% |
| 2006 | 92,435 million SLC | -2.3% |
| 2007 | 84,524 million SLC | -8.6% |
| 2008 | 75,194 million SLC | -11.0% |
| 2009 | 65,794 million SLC | -12.5% |
| 2010 | 74,408 million SLC | +13.1% |
| 2011 | 69,879 million SLC | -6.1% |
| 2012 | 79,060 million SLC | +13.1% |
| 2013 | 84,418 million SLC | +6.8% |
| 2014 | 86,403 million SLC | +2.4% |
| 2015 | 96,449 million SLC | +11.6% |
| 2016 | 91,850 million SLC | -4.8% |
| 2017 | 93,944 million SLC | +2.3% |
| 2018 | 90,465 million SLC | -3.7% |
| 2019 | 86,730 million SLC | -4.1% |
| 2020 | 85,824 million SLC | -1.0% |
| 2021 | 87,056 million SLC | +1.4% |
| 2022 | 79,812 million SLC | -8.3% |
| 2023 | 80,834 million SLC | +1.3% |
| 2024 | 83,744 million SLC | +3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 114,810 million SLC | 74,454 million SLC | 132,362 million SLC | 9 |
| 2000s | 86,289 million SLC | 65,794 million SLC | 100,524 million SLC | 10 |
| 2010s | 85,361 million SLC | 69,879 million SLC | 96,449 million SLC | 10 |
| 2020s | 83,454 million SLC | 79,812 million SLC | 87,056 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 in Thailand?
- Credit to agriculture — value standard local currency in Thailand was 83,744 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 Thailand?
- The highest recorded value was 132,362 million SLC in 1996.
- What is the lowest credit to agriculture — value standard local currency recorded in Thailand?
- The lowest recorded value was 65,794 million SLC in 2009.
- How does Thailand rank for credit to agriculture — value standard local currency?
- Thailand ranks 13th out of 59 countries with data for 2024.
- Is credit to agriculture — value standard local currency rising or falling in Thailand?
- Over the last ten years it is down 3.1%. 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. 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.