Total Credit — Value Standard Local Currency, 2015 prices in Libya
Libya: Total Credit — Value Standard Local Currency, 2015 prices was 7,626 million SLC in 2024. ▼ Falling
Total Credit — Value Standard Local Currency, 2015 prices in Libya, 1991–2024
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 Libya stood at 7,626 million SLC.
The figure is up 22.6% on the previous year and down 41.8% over ten years.
Over the whole period, total credit — value standard local currency, 2015 prices in Libya peaked at 22,824 million SLC in 1994 and was at its lowest, 5,075 million SLC, in 2022.
That places Libya 146th out of 174 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 34 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19,646 million SLC | 16,293 million SLC | 22,824 million SLC | 9 |
| 2000s | 10,466 million SLC | 6,539 million SLC | 15,061 million SLC | 10 |
| 2010s | 11,864 million SLC | 8,163 million SLC | 14,481 million SLC | 10 |
| 2020s | 6,807 million SLC | 5,075 million SLC | 9,167 million SLC | 5 |
Countries ranked near Libya
- 143 Latvia 8,520 million SLC compare
- 144 Zambia 8,242 million SLC compare
- 145 Papua New Guinea 7,630 million SLC compare
- 147 Bosnia and Herzegovina 7,093 million SLC compare
- 148 Brunei Darussalam 6,943 million SLC compare
- 149 Estonia 6,656 million SLC compare
More agriculture & rural data for Libya
- Agriculture share gdp 1.5 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 1.5 (2025)
- Agricultural raw materials exports 0.0% (2019)
- Agricultural raw materials imports 0.4% (2019)
- Rural population 12.1% (2025)
- Rural population growth 0.8% (2025)
- Rural population 901,647 (2025)
- Agriculture, forestry, and fishing, value added 1.5% (2025)
- Agriculture, forestry, and fishing, value added 721.88 million current US$ (2025)
- Bananas — Production 0 t (1992)
Frequently asked questions
- What is total credit — value standard local currency, 2015 prices in Libya?
- Total credit — value standard local currency, 2015 prices in Libya was 7,626 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 Libya?
- The highest recorded value was 22,824 million SLC in 1994.
- What is the lowest total credit — value standard local currency, 2015 prices recorded in Libya?
- The lowest recorded value was 5,075 million SLC in 2022.
- How does Libya rank for total credit — value standard local currency, 2015 prices?
- Libya ranks 146th out of 174 countries with data for 2024.
- Is total credit — value standard local currency, 2015 prices rising or falling in Libya?
- Over the last ten years it is down 41.8%. The long-run trend across the full record is falling.
- Where does this Libya 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.