Total Credit — Value Standard Local Currency, 2015 prices in Singapore

Singapore: Total Credit — Value Standard Local Currency, 2015 prices was 641,297 million SLC in 2024. ◆ Volatile

Latest (2024)
641,297 million SLC
Change on year
up 2.2%
World rank
69th
of 165 countries
All-time high
709,489 million SLC
in 2021
All-time low
84,769 million SLC
in 1991
Years of data
34
1991–2024

Total Credit — Value Standard Local Currency, 2015 prices in Singapore, 1991–2024

0200.0k400.0k600.0k800.0k1991200720241991: 84.8k million SLC1992: 90.3k million SLC1993: 99.2k million SLC1994: 111.0k million SLC1995: 128.9k million SLC1996: 148.0k million SLC1997: 165.1k million SLC1998: 177.1k million SLC1999: 178.3k million SLC2000: 179.7k million SLC2001: 193.6k million SLC2002: 193.3k million SLC2003: 209.3k million SLC2004: 210.3k million SLC2005: 211.0k million SLC2006: 220.2k million SLC2007: 249.3k million SLC2008: 294.8k million SLC2009: 296.0k million SLC2010: 335.9k million SLC2011: 432.5k million SLC2012: 502.3k million SLC2013: 590.3k million SLC2014: 625.9k million SLC2015: 599.8k million SLC2016: 614.3k million SLC2017: 630.5k million SLC2018: 627.1k million SLC2019: 647.7k million SLC2020: 650.8k million SLC2021: 709.5k million SLC2022: 623.4k million SLC2023: 627.4k million SLC2024: 641.3k million SLC

Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.

Analysis

The most recent figure for total credit — value standard local currency, 2015 prices in Singapore is 641,297 million SLC, measured in 2024.

Compared with earlier readings it is up 2.2% on the previous year and up 2.5% over ten years.

Over the whole period, total credit — value standard local currency, 2015 prices in Singapore peaked at 709,489 million SLC in 2021 and was at its lowest, 84,769 million SLC, in 1991.

That places Singapore 69th 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 Singapore, year by year

Annual values for Total Credit — Value Standard Local Currency, 2015 prices in Singapore, 1991 to 2024.
Year million SLC Change
1991 84,769 million SLC
1992 90,310 million SLC +6.5%
1993 99,169 million SLC +9.8%
1994 111,017 million SLC +11.9%
1995 128,888 million SLC +16.1%
1996 147,965 million SLC +14.8%
1997 165,115 million SLC +11.6%
1998 177,149 million SLC +7.3%
1999 178,324 million SLC +0.7%
2000 179,689 million SLC +0.8%
2001 193,558 million SLC +7.7%
2002 193,346 million SLC -0.1%
2003 209,292 million SLC +8.2%
2004 210,298 million SLC +0.5%
2005 211,009 million SLC +0.3%
2006 220,187 million SLC +4.3%
2007 249,332 million SLC +13.2%
2008 294,835 million SLC +18.2%
2009 295,973 million SLC +0.4%
2010 335,862 million SLC +13.5%
2011 432,482 million SLC +28.8%
2012 502,255 million SLC +16.1%
2013 590,334 million SLC +17.5%
2014 625,853 million SLC +6.0%
2015 599,756 million SLC -4.2%
2016 614,339 million SLC +2.4%
2017 630,508 million SLC +2.6%
2018 627,061 million SLC -0.5%
2019 647,676 million SLC +3.3%
2020 650,752 million SLC +0.5%
2021 709,489 million SLC +9.0%
2022 623,363 million SLC -12.1%
2023 627,388 million SLC +0.6%
2024 641,297 million SLC +2.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 131,412 million SLC 84,769 million SLC 178,324 million SLC 9
2000s 225,752 million SLC 179,689 million SLC 295,973 million SLC 10
2010s 560,613 million SLC 335,862 million SLC 647,676 million SLC 10
2020s 650,458 million SLC 623,363 million SLC 709,489 million SLC 5

Countries ranked near Singapore

  1. 66 Jamaica 756,081 million SLC compare
  2. 67 New Zealand 730,233 million SLC compare
  3. 68 Yemen 673,420 million SLC compare
  4. 70 Italy 551,394 million SLC compare
  5. 71 Malawi 528,691 million SLC compare
  6. 72 Canada 501,940 million SLC compare

See the full ranking of 177 places →

More agriculture & rural data for Singapore

All data for Singapore →

Frequently asked questions

What is total credit — value standard local currency, 2015 prices in Singapore?
Total credit — value standard local currency, 2015 prices in Singapore was 641,297 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 Singapore?
The highest recorded value was 709,489 million SLC in 2021.
What is the lowest total credit — value standard local currency, 2015 prices recorded in Singapore?
The lowest recorded value was 84,769 million SLC in 1991.
How does Singapore rank for total credit — value standard local currency, 2015 prices?
Singapore ranks 69th out of 165 countries with data for 2024.
Is total credit — value standard local currency, 2015 prices rising or falling in Singapore?
Over the last ten years it is up 2.5%. The long-run trend across the full record is volatile.
Where does this Singapore 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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Total Credit — Value Standard Local Currency, 2015 prices in Singapore. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 27 August 2026, from https://agriculture.statizoid.com/stat/total-credit-value-standard-local-currency-2015-prices/singapore/

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About this data

Indicator
Total Credit — Value Standard Local Currency, 2015 prices
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
177 places, 4,557 data points, 1991–2024
Last refreshed

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.