Total Credit — Value Standard Local Currency, 2015 prices in Latvia
Latvia: Total Credit — Value Standard Local Currency, 2015 prices was 8,520 million SLC in 2024. ▼ Falling
Total Credit — Value Standard Local Currency, 2015 prices in Latvia, 2010–2024
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 Latvia stood at 8,520 million SLC.
The figure is up 5.0% on the previous year and down 30.0% over ten years.
Over the whole period, total credit — value standard local currency, 2015 prices in Latvia peaked at 19,186 million SLC in 2010 and was at its lowest, 8,113 million SLC, in 2023.
Latvia ranks 135th of 165 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Total Credit — Value Standard Local Currency, 2015 prices in Latvia, year by year
| Year | million SLC | Change |
|---|---|---|
| 2010 | 19,186 million SLC | — |
| 2011 | 16,955 million SLC | -11.6% |
| 2012 | 14,751 million SLC | -13.0% |
| 2013 | 13,520 million SLC | -8.3% |
| 2014 | 12,176 million SLC | -9.9% |
| 2015 | 11,870 million SLC | -2.5% |
| 2016 | 11,777 million SLC | -0.8% |
| 2017 | 10,999 million SLC | -6.6% |
| 2018 | 9,955 million SLC | -9.5% |
| 2019 | 9,444 million SLC | -5.1% |
| 2020 | 8,864 million SLC | -6.1% |
| 2021 | 8,858 million SLC | -0.1% |
| 2022 | 8,612 million SLC | -2.8% |
| 2023 | 8,113 million SLC | -5.8% |
| 2024 | 8,520 million SLC | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 13,063 million SLC | 9,444 million SLC | 19,186 million SLC | 10 |
| 2020s | 8,594 million SLC | 8,113 million SLC | 8,864 million SLC | 5 |
Countries ranked near Latvia
More agriculture & rural data for Latvia
- Agriculture, forestry, and fishing, value added (current US$), annual 12.21 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0401 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 1,055 current US$ per person (2025)
- Rural population, annual growth rate -1.45 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.3137 units per person (2025)
- Agriculture share gdp 4.01 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 4.01 (2025)
- Agricultural raw materials exports 9.8% (2025)
- Agricultural raw materials imports 2.1% (2025)
Frequently asked questions
- What is total credit — value standard local currency, 2015 prices in Latvia?
- Total credit — value standard local currency, 2015 prices in Latvia was 8,520 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 Latvia?
- The highest recorded value was 19,186 million SLC in 2010.
- What is the lowest total credit — value standard local currency, 2015 prices recorded in Latvia?
- The lowest recorded value was 8,113 million SLC in 2023.
- How does Latvia rank for total credit — value standard local currency, 2015 prices?
- Latvia ranks 135th out of 165 countries with data for 2024.
- Is total credit — value standard local currency, 2015 prices rising or falling in Latvia?
- Over the last ten years it is down 30.0%. The long-run trend across the full record is falling.
- Where does this Latvia 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 — 15 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.