Total Credit — Value Standard Local Currency, 2015 prices in Saudi Arabia
Saudi Arabia: Total Credit — Value Standard Local Currency, 2015 prices was 1.79 million million SLC in 2024. ◆ Volatile
Total Credit — Value Standard Local Currency, 2015 prices in Saudi Arabia, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Saudi Arabia recorded 1.79 million million SLC for total credit — value standard local currency, 2015 prices in 2024. That is the highest value across all 34 years on record.
The figure is up 8.3% on the previous year and up 74.7% over ten years.
Over the whole period, total credit — value standard local currency, 2015 prices in Saudi Arabia peaked at 1.79 million million SLC in 2024 and was at its lowest, 163,571 million SLC, in 1991.
That places Saudi Arabia 47th 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 Saudi Arabia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 163,571 million SLC | — |
| 1992 | 192,767 million SLC | +17.8% |
| 1993 | 236,350 million SLC | +22.6% |
| 1994 | 260,633 million SLC | +10.3% |
| 1995 | 263,887 million SLC | +1.2% |
| 1996 | 251,153 million SLC | -4.8% |
| 1997 | 266,683 million SLC | +6.2% |
| 1998 | 372,049 million SLC | +39.5% |
| 1999 | 338,740 million SLC | -9.0% |
| 2000 | 321,445 million SLC | -5.1% |
| 2001 | 360,548 million SLC | +12.2% |
| 2002 | 382,623 million SLC | +6.1% |
| 2003 | 405,894 million SLC | +6.1% |
| 2004 | 505,285 million SLC | +24.5% |
| 2005 | 586,030 million SLC | +16.0% |
| 2006 | 576,485 million SLC | -1.6% |
| 2007 | 647,727 million SLC | +12.4% |
| 2008 | 699,506 million SLC | +8.0% |
| 2009 | 837,956 million SLC | +19.8% |
| 2010 | 755,466 million SLC | -9.8% |
| 2011 | 720,003 million SLC | -4.7% |
| 2012 | 802,726 million SLC | +11.5% |
| 2013 | 902,742 million SLC | +12.5% |
| 2014 | 1.02 million million SLC | +13.2% |
| 2015 | 1.32 million million SLC | +29.6% |
| 2016 | 1.39 million million SLC | +5.0% |
| 2017 | 1.29 million million SLC | -7.0% |
| 2018 | 1.25 million million SLC | -3.5% |
| 2019 | 1.39 million million SLC | +11.7% |
| 2020 | 1.67 million million SLC | +19.6% |
| 2021 | 1.59 million million SLC | -4.4% |
| 2022 | 1.47 million million SLC | -7.9% |
| 2023 | 1.65 million million SLC | +12.4% |
| 2024 | 1.79 million million SLC | +8.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 260,648 million SLC | 163,571 million SLC | 372,049 million SLC | 9 |
| 2000s | 532,350 million SLC | 321,445 million SLC | 837,956 million SLC | 10 |
| 2010s | 1.09 million million SLC | 720,003 million SLC | 1.39 million million SLC | 10 |
| 2020s | 1.63 million million SLC | 1.47 million million SLC | 1.79 million million SLC | 5 |
Countries ranked near Saudi Arabia
More agriculture & rural data for Saudi Arabia
- Agriculture, forestry, and fishing, value added (current US$), annual 5.2 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0259 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 894.48 current US$ per person (2025)
- Rural population, annual growth rate 3.68 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.1539 units per person (2025)
- Agriculture share gdp 2.59 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 2.59 (2025)
- Agricultural raw materials exports 0.3% (2024)
- Agricultural raw materials imports 0.6% (2024)
Frequently asked questions
- What is total credit — value standard local currency, 2015 prices in Saudi Arabia?
- Total credit — value standard local currency, 2015 prices in Saudi Arabia was 1.79 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 Saudi Arabia?
- The highest recorded value was 1.79 million million SLC in 2024.
- What is the lowest total credit — value standard local currency, 2015 prices recorded in Saudi Arabia?
- The lowest recorded value was 163,571 million SLC in 1991.
- How does Saudi Arabia rank for total credit — value standard local currency, 2015 prices?
- Saudi Arabia ranks 47th out of 165 countries with data for 2024.
- Is total credit — value standard local currency, 2015 prices rising or falling in Saudi Arabia?
- Over the last ten years it is up 74.7%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia 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.