Total Credit — Value Standard Local Currency, 2015 prices in Armenia
Armenia: Total Credit — Value Standard Local Currency, 2015 prices was 4.75 million million SLC in 2024. ◆ Volatile
Total Credit — Value Standard Local Currency, 2015 prices in Armenia, 2000–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, total credit — value standard local currency, 2015 prices in Armenia stood at 4.75 million million SLC. That is the highest value across all 25 years on record.
That represents a change of up 21.4% on the previous year and up 121.3% over ten years.
Over the whole period, total credit — value standard local currency, 2015 prices in Armenia peaked at 4.75 million million SLC in 2024 and was at its lowest, 95,864 million SLC, in 2001.
That places Armenia 27th out of 165 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total Credit — Value Standard Local Currency, 2015 prices in Armenia, year by year
| Year | million SLC | Change |
|---|---|---|
| 2000 | 108,853 million SLC | — |
| 2001 | 95,864 million SLC | -11.9% |
| 2002 | 96,525 million SLC | +0.7% |
| 2003 | 100,368 million SLC | +4.0% |
| 2004 | 190,419 million SLC | +89.7% |
| 2005 | 252,264 million SLC | +32.5% |
| 2006 | 307,036 million SLC | +21.7% |
| 2007 | 532,305 million SLC | +73.4% |
| 2008 | 753,168 million SLC | +41.5% |
| 2009 | 830,776 million SLC | +10.3% |
| 2010 | 977,258 million SLC | +17.6% |
| 2011 | 1.37 million million SLC | +40.0% |
| 2012 | 1.71 million million SLC | +25.0% |
| 2013 | 1.82 million million SLC | +6.7% |
| 2014 | 2.15 million million SLC | +17.7% |
| 2015 | 2.04 million million SLC | -4.8% |
| 2016 | 2.13 million million SLC | +4.4% |
| 2017 | 2.51 million million SLC | +17.7% |
| 2018 | 2.81 million million SLC | +11.8% |
| 2019 | 3.31 million million SLC | +18.0% |
| 2020 | 3.73 million million SLC | +12.6% |
| 2021 | 3.28 million million SLC | -12.2% |
| 2022 | 3.34 million million SLC | +1.8% |
| 2023 | 3.91 million million SLC | +17.3% |
| 2024 | 4.75 million million SLC | +21.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 326,758 million SLC | 95,864 million SLC | 830,776 million SLC | 10 |
| 2010s | 2.08 million million SLC | 977,258 million SLC | 3.31 million million SLC | 10 |
| 2020s | 3.80 million million SLC | 3.28 million million SLC | 4.75 million million SLC | 5 |
Countries ranked near Armenia
More agriculture & rural data for Armenia
- Agriculture, forestry, and fishing, value added (current US$), annual 14.53 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0793 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 751.74 current US$ per person (2025)
- Rural population, annual growth rate 1.4 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.3407 units per person (2025)
- Agriculture share gdp 7.93 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 7.93 (2025)
- Agricultural raw materials exports 0.3% (2024)
- Agricultural raw materials imports 0.7% (2024)
Frequently asked questions
- What is total credit — value standard local currency, 2015 prices in Armenia?
- Total credit — value standard local currency, 2015 prices in Armenia was 4.75 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value standard local currency, 2015 prices recorded in Armenia?
- The highest recorded value was 4.75 million million SLC in 2024.
- What is the lowest total credit — value standard local currency, 2015 prices recorded in Armenia?
- The lowest recorded value was 95,864 million SLC in 2001.
- How does Armenia rank for total credit — value standard local currency, 2015 prices?
- Armenia ranks 27th out of 165 countries with data for 2024.
- Is total credit — value standard local currency, 2015 prices rising or falling in Armenia?
- Over the last ten years it is up 121.3%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 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.