Total Credit — Value Standard Local Currency, 2015 prices in Ghana
Ghana: Total Credit — Value Standard Local Currency, 2015 prices was 24,734 million SLC in 2024. ◆ Volatile
Total Credit — Value Standard Local Currency, 2015 prices in Ghana, 1997–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Ghana recorded 24,734 million SLC for total credit — value standard local currency, 2015 prices in 2024.
The figure is up 3.2% on the previous year and down 9.4% over ten years.
Over the whole period, total credit — value standard local currency, 2015 prices in Ghana peaked at 30,591 million SLC in 2016 and was at its lowest, 2,833 million SLC, in 1997.
That places Ghana 119th 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 Ghana, year by year
| Year | million SLC | Change |
|---|---|---|
| 1997 | 2,833 million SLC | — |
| 1998 | 3,376 million SLC | +19.2% |
| 1999 | 4,735 million SLC | +40.3% |
| 2000 | 6,541 million SLC | +38.1% |
| 2004 | 5,576 million SLC | -14.8% |
| 2005 | 6,749 million SLC | +21.0% |
| 2006 | 8,395 million SLC | +24.4% |
| 2007 | 14,217 million SLC | +69.3% |
| 2008 | 17,133 million SLC | +20.5% |
| 2009 | 17,200 million SLC | +0.4% |
| 2010 | 17,022 million SLC | -1.0% |
| 2011 | 17,480 million SLC | +2.7% |
| 2012 | 21,132 million SLC | +20.9% |
| 2013 | 23,810 million SLC | +12.7% |
| 2014 | 27,296 million SLC | +14.6% |
| 2015 | 30,133 million SLC | +10.4% |
| 2016 | 30,591 million SLC | +1.5% |
| 2017 | 29,399 million SLC | -3.9% |
| 2018 | 30,163 million SLC | +2.6% |
| 2019 | 29,396 million SLC | -2.5% |
| 2020 | 28,425 million SLC | -3.3% |
| 2021 | 28,540 million SLC | +0.4% |
| 2022 | 28,990 million SLC | +1.6% |
| 2023 | 23,965 million SLC | -17.3% |
| 2024 | 24,734 million SLC | +3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3,648 million SLC | 2,833 million SLC | 4,735 million SLC | 3 |
| 2000s | 10,830 million SLC | 5,576 million SLC | 17,200 million SLC | 7 |
| 2010s | 25,642 million SLC | 17,022 million SLC | 30,591 million SLC | 10 |
| 2020s | 26,931 million SLC | 23,965 million SLC | 28,990 million SLC | 5 |
Countries ranked near Ghana
More agriculture & rural data for Ghana
- Agriculture, forestry, and fishing, value added (current US$), annual 41.79 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.2128 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 692.99 current US$ per person (2025)
- Rural population, annual growth rate 0.4821 % change on previous year (2025)
- Rural population, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Rural population, per capita 0.4108 units per person (2025)
- Agriculture share gdp 21.28 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 21.28 (2025)
- Agricultural raw materials exports 1.1% (2023)
- Agricultural raw materials imports 1.6% (2023)
Frequently asked questions
- What is total credit — value standard local currency, 2015 prices in Ghana?
- Total credit — value standard local currency, 2015 prices in Ghana was 24,734 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 Ghana?
- The highest recorded value was 30,591 million SLC in 2016.
- What is the lowest total credit — value standard local currency, 2015 prices recorded in Ghana?
- The lowest recorded value was 2,833 million SLC in 1997.
- How does Ghana rank for total credit — value standard local currency, 2015 prices?
- Ghana ranks 119th out of 165 countries with data for 2024.
- Is total credit — value standard local currency, 2015 prices rising or falling in Ghana?
- Over the last ten years it is down 9.4%. The long-run trend across the full record is volatile.
- Where does this Ghana 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.