Total Credit — Value Standard Local Currency, 2015 prices in Ethiopia
Ethiopia: Total Credit — Value Standard Local Currency, 2015 prices was 427,985 million SLC in 2024. ◆ Volatile
Total Credit — Value Standard Local Currency, 2015 prices in Ethiopia, 2004–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for total credit — value standard local currency, 2015 prices in Ethiopia is 427,985 million SLC, measured in 2024.
The figure is down 14.1% on the previous year and up 112.9% over ten years.
Over the whole period, total credit — value standard local currency, 2015 prices in Ethiopia peaked at 586,442 million SLC in 2021 and was at its lowest, 108,368 million SLC, in 2009.
That places Ethiopia 73rd out of 165 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.
Total Credit — Value Standard Local Currency, 2015 prices in Ethiopia, year by year
| Year | million SLC | Change |
|---|---|---|
| 2004 | 154,143 million SLC | — |
| 2005 | 129,229 million SLC | -16.2% |
| 2006 | 157,735 million SLC | +22.1% |
| 2007 | 150,474 million SLC | -4.6% |
| 2008 | 125,697 million SLC | -16.5% |
| 2009 | 108,368 million SLC | -13.8% |
| 2010 | 128,876 million SLC | +18.9% |
| 2011 | 133,876 million SLC | +3.9% |
| 2012 | 150,131 million SLC | +12.1% |
| 2013 | 185,993 million SLC | +23.9% |
| 2014 | 200,985 million SLC | +8.1% |
| 2015 | 231,770 million SLC | +15.3% |
| 2016 | 249,622 million SLC | +7.7% |
| 2017 | 305,128 million SLC | +22.2% |
| 2018 | 333,411 million SLC | +9.3% |
| 2019 | 564,257 million SLC | +69.2% |
| 2020 | 574,359 million SLC | +1.8% |
| 2021 | 586,442 million SLC | +2.1% |
| 2022 | 539,683 million SLC | -8.0% |
| 2023 | 498,056 million SLC | -7.7% |
| 2024 | 427,985 million SLC | -14.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 137,608 million SLC | 108,368 million SLC | 157,735 million SLC | 6 |
| 2010s | 248,405 million SLC | 128,876 million SLC | 564,257 million SLC | 10 |
| 2020s | 525,305 million SLC | 427,985 million SLC | 586,442 million SLC | 5 |
Countries ranked near Ethiopia
More agriculture & rural data for Ethiopia
- Agriculture, forestry, and fishing, value added (current US$), annual -20.36 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.3282 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 306.11 current US$ per person (2025)
- Rural population, annual growth rate 1.93 % change on previous year (2025)
- Rural population, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Rural population, per capita 0.7589 units per person (2025)
- Agriculture share gdp 32.82 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 32.82 (2025)
- Agricultural raw materials exports 9.7% (2023)
- Agricultural raw materials imports 0.5% (2023)
Frequently asked questions
- What is total credit — value standard local currency, 2015 prices in Ethiopia?
- Total credit — value standard local currency, 2015 prices in Ethiopia was 427,985 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 Ethiopia?
- The highest recorded value was 586,442 million SLC in 2021.
- What is the lowest total credit — value standard local currency, 2015 prices recorded in Ethiopia?
- The lowest recorded value was 108,368 million SLC in 2009.
- How does Ethiopia rank for total credit — value standard local currency, 2015 prices?
- Ethiopia ranks 73rd out of 165 countries with data for 2024.
- Is total credit — value standard local currency, 2015 prices rising or falling in Ethiopia?
- Over the last ten years it is up 112.9%. The long-run trend across the full record is volatile.
- Where does this Ethiopia 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.