Total Credit — Value Standard Local Currency, 2015 prices in Azerbaijan
Azerbaijan: Total Credit — Value Standard Local Currency, 2015 prices was 13,980 million SLC in 2024. ▲ Rising
Total Credit — Value Standard Local Currency, 2015 prices in Azerbaijan, 2005–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Azerbaijan recorded 13,980 million SLC for total credit — value standard local currency, 2015 prices in 2024.
That represents a change of up 22.2% on the previous year and down 17.2% over ten years.
Over the whole period, total credit — value standard local currency, 2015 prices in Azerbaijan peaked at 21,730 million SLC in 2015 and was at its lowest, 2,605 million SLC, in 2005.
That places Azerbaijan 127th out of 165 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Total Credit — Value Standard Local Currency, 2015 prices in Azerbaijan, year by year
| Year | million SLC | Change |
|---|---|---|
| 2005 | 2,605 million SLC | — |
| 2006 | 3,836 million SLC | +47.3% |
| 2007 | 6,282 million SLC | +63.8% |
| 2008 | 7,552 million SLC | +20.2% |
| 2009 | 10,879 million SLC | +44.1% |
| 2010 | 10,438 million SLC | -4.1% |
| 2011 | 9,155 million SLC | -12.3% |
| 2012 | 11,061 million SLC | +20.8% |
| 2013 | 13,871 million SLC | +25.4% |
| 2014 | 16,894 million SLC | +21.8% |
| 2015 | 21,730 million SLC | +28.6% |
| 2016 | 14,335 million SLC | -34.0% |
| 2017 | 8,812 million SLC | -38.5% |
| 2018 | 8,703 million SLC | -1.2% |
| 2019 | 10,249 million SLC | +17.8% |
| 2020 | 10,518 million SLC | +2.6% |
| 2021 | 10,192 million SLC | -3.1% |
| 2022 | 8,750 million SLC | -14.2% |
| 2023 | 11,445 million SLC | +30.8% |
| 2024 | 13,980 million SLC | +22.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6,231 million SLC | 2,605 million SLC | 10,879 million SLC | 5 |
| 2010s | 12,525 million SLC | 8,703 million SLC | 21,730 million SLC | 10 |
| 2020s | 10,977 million SLC | 8,750 million SLC | 13,980 million SLC | 5 |
Countries ranked near Azerbaijan
More agriculture & rural data for Azerbaijan
- Agriculture, forestry, and fishing, value added (current US$), annual 8.29 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0593 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 439.1 current US$ per person (2025)
- Rural population, annual growth rate 0.2794 % change on previous year (2025)
- Rural population, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Rural population, per capita 0.4136 units per person (2025)
- Agriculture share gdp 5.93 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 5.93 (2025)
- Agricultural raw materials exports 0.7% (2025)
- Agricultural raw materials imports 1.1% (2025)
Frequently asked questions
- What is total credit — value standard local currency, 2015 prices in Azerbaijan?
- Total credit — value standard local currency, 2015 prices in Azerbaijan was 13,980 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 Azerbaijan?
- The highest recorded value was 21,730 million SLC in 2015.
- What is the lowest total credit — value standard local currency, 2015 prices recorded in Azerbaijan?
- The lowest recorded value was 2,605 million SLC in 2005.
- How does Azerbaijan rank for total credit — value standard local currency, 2015 prices?
- Azerbaijan ranks 127th out of 165 countries with data for 2024.
- Is total credit — value standard local currency, 2015 prices rising or falling in Azerbaijan?
- Over the last ten years it is down 17.2%. The long-run trend across the full record is rising.
- Where does this Azerbaijan 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.
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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.