Total Credit — Value Standard Local Currency, 2015 prices in Hungary
Hungary: Total Credit — Value Standard Local Currency, 2015 prices was 7.43 million million SLC in 2024. ▲ Rising
Total Credit — Value Standard Local Currency, 2015 prices in Hungary, 1995–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Hungary recorded 7.43 million million SLC for total credit — value standard local currency, 2015 prices in 2024.
That represents a change of up 1.5% on the previous year and up 6.9% over ten years.
Over the whole period, total credit — value standard local currency, 2015 prices in Hungary peaked at 9.92 million million SLC in 2008 and was at its lowest, 3.92 million million SLC, in 1996.
That places Hungary 24th out of 165 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Total Credit — Value Standard Local Currency, 2015 prices in Hungary, year by year
| Year | million SLC | Change |
|---|---|---|
| 1995 | 4.04 million million SLC | — |
| 1996 | 3.92 million million SLC | -2.8% |
| 1997 | 4.59 million million SLC | +17.0% |
| 1998 | 4.72 million million SLC | +2.8% |
| 1999 | 5.14 million million SLC | +9.0% |
| 2000 | 6.11 million million SLC | +18.9% |
| 2001 | 6.03 million million SLC | -1.4% |
| 2002 | 5.90 million million SLC | -2.0% |
| 2003 | 6.70 million million SLC | +13.6% |
| 2004 | 7.23 million million SLC | +7.8% |
| 2005 | 8.04 million million SLC | +11.2% |
| 2006 | 8.81 million million SLC | +9.7% |
| 2007 | 9.38 million million SLC | +6.4% |
| 2008 | 9.92 million million SLC | +5.8% |
| 2009 | 9.03 million million SLC | -9.0% |
| 2010 | 8.73 million million SLC | -3.3% |
| 2011 | 8.72 million million SLC | -0.1% |
| 2012 | 7.59 million million SLC | -13.0% |
| 2013 | 7.13 million million SLC | -6.1% |
| 2014 | 6.95 million million SLC | -2.5% |
| 2015 | 5.93 million million SLC | -14.7% |
| 2016 | 5.85 million million SLC | -1.2% |
| 2017 | 6.16 million million SLC | +5.3% |
| 2018 | 6.75 million million SLC | +9.5% |
| 2019 | 7.16 million million SLC | +6.1% |
| 2020 | 7.59 million million SLC | +6.0% |
| 2021 | 7.92 million million SLC | +4.4% |
| 2022 | 8.07 million million SLC | +1.8% |
| 2023 | 7.32 million million SLC | -9.2% |
| 2024 | 7.43 million million SLC | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.48 million million SLC | 3.92 million million SLC | 5.14 million million SLC | 5 |
| 2000s | 7.72 million million SLC | 5.90 million million SLC | 9.92 million million SLC | 10 |
| 2010s | 7.10 million million SLC | 5.85 million million SLC | 8.73 million million SLC | 10 |
| 2020s | 7.67 million million SLC | 7.32 million million SLC | 8.07 million million SLC | 5 |
Countries ranked near Hungary
- 21 Guinea 11.49 million million SLC compare
- 22 Philippines 10.97 million million SLC compare
- 23 Bangladesh 10.03 million million SLC compare
- 25 Madagascar 7.10 million million SLC compare
- 26 Sweden 6.02 million million SLC compare
- 27 Armenia 4.75 million million SLC compare
More agriculture & rural data for Hungary
- Agriculture, forestry, and fishing, value added (current US$), annual 8.23 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0265 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 687.58 current US$ per person (2025)
- Rural population, annual growth rate -1.18 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.2931 units per person (2025)
- Agriculture share gdp 2.65 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 2.65 (2025)
- Agricultural raw materials exports 0.5% (2025)
- Agricultural raw materials imports 0.8% (2025)
Frequently asked questions
- What is total credit — value standard local currency, 2015 prices in Hungary?
- Total credit — value standard local currency, 2015 prices in Hungary was 7.43 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 Hungary?
- The highest recorded value was 9.92 million million SLC in 2008.
- What is the lowest total credit — value standard local currency, 2015 prices recorded in Hungary?
- The lowest recorded value was 3.92 million million SLC in 1996.
- How does Hungary rank for total credit — value standard local currency, 2015 prices?
- Hungary ranks 24th out of 165 countries with data for 2024.
- Is total credit — value standard local currency, 2015 prices rising or falling in Hungary?
- Over the last ten years it is up 6.9%. The long-run trend across the full record is rising.
- Where does this Hungary 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 — 30 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.