Credit to Agriculture — Value US$ in India
India: Credit to Agriculture — Value US$ was 289,261 million USD in 2024. ◆ Volatile
Credit to Agriculture — Value US$ in India, 1996–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, credit to agriculture — value us$ in India stood at 289,261 million USD. That is the highest value across all 29 years on record.
That represents a change of up 31.4% on the previous year and up 144.4% over ten years.
Over the whole period, credit to agriculture — value us$ in India peaked at 289,261 million USD in 2024 and was at its lowest, 8,131 million USD, in 1996.
That places India 1st out of 59 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Credit to Agriculture — Value US$ in India, year by year
| Year | million USD | Change |
|---|---|---|
| 1996 | 8,131 million USD | — |
| 1997 | 8,711 million USD | +7.1% |
| 1998 | 8,547 million USD | -1.9% |
| 1999 | 9,497 million USD | +11.1% |
| 2000 | 10,155 million USD | +6.9% |
| 2001 | 10,963 million USD | +8.0% |
| 2002 | 13,168 million USD | +20.1% |
| 2003 | 16,301 million USD | +23.8% |
| 2004 | 21,238 million USD | +30.3% |
| 2005 | 28,205 million USD | +32.8% |
| 2006 | 38,114 million USD | +35.1% |
| 2007 | 55,671 million USD | +46.1% |
| 2008 | 63,013 million USD | +13.2% |
| 2009 | 63,933 million USD | +1.5% |
| 2010 | 85,356 million USD | +33.5% |
| 2011 | 98,782 million USD | +15.7% |
| 2012 | 87,706 million USD | -11.2% |
| 2013 | 115,393 million USD | +31.6% |
| 2014 | 118,334 million USD | +2.5% |
| 2015 | 126,492 million USD | +6.9% |
| 2016 | 129,949 million USD | +2.7% |
| 2017 | 152,581 million USD | +17.4% |
| 2018 | 164,199 million USD | +7.6% |
| 2019 | 167,458 million USD | +2.0% |
| 2020 | 169,904 million USD | +1.5% |
| 2021 | 186,388 million USD | +9.7% |
| 2022 | 195,790 million USD | +5.0% |
| 2023 | 220,099 million USD | +12.4% |
| 2024 | 289,261 million USD | +31.4% |
India compared with similar countries
- India's 289,261 million USD is above the median for lower middle income countries, which is 164.57 million USD, 1757.6× the median. (13 countries reporting)
- India's 289,261 million USD is above the median for South Asia, which is 1,815 million USD, 159.4× the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8,721 million USD | 8,131 million USD | 9,497 million USD | 4 |
| 2000s | 32,076 million USD | 10,155 million USD | 63,933 million USD | 10 |
| 2010s | 124,625 million USD | 85,356 million USD | 167,458 million USD | 10 |
| 2020s | 212,288 million USD | 169,904 million USD | 289,261 million USD | 5 |
Countries ranked near India
- 1 Bolivia (Plurinational State of) 2,350 million USD compare
- 2 Canada 37,832 million USD compare
- 2 Côte d'Ivoire 75.04 million USD compare
- 2 United Republic of Tanzania 1,349 million USD compare
- 3 Brazil 7,432 million USD compare
- 3 Syrian Arab Republic 279.26 million USD compare
- 4 Malaysia 7,403 million USD compare
- 4 Republic of Moldova 234.85 million USD compare
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 us$ in India?
- Credit to agriculture — value us$ in India was 289,261 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest credit to agriculture — value us$ recorded in India?
- The highest recorded value was 289,261 million USD in 2024.
- What is the lowest credit to agriculture — value us$ recorded in India?
- The lowest recorded value was 8,131 million USD in 1996.
- How does India rank for credit to agriculture — value us$?
- India ranks 1st out of 59 countries with data for 2024.
- Is credit to agriculture — value us$ rising or falling in India?
- Over the last ten years it is up 144.4%. 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 US$. Statizoid updates them automatically from the source API.
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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.