Total Credit — Value Standard Local Currency in Algeria
Algeria: Total Credit — Value Standard Local Currency was 7.24 million million SLC in 2024. ◆ Volatile
Total Credit — Value Standard Local Currency in Algeria, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Algeria recorded 7.24 million million SLC for total credit — value standard local currency in 2024. That is the highest value across all 34 years on record.
Compared with earlier readings it is up 14.0% on the previous year and up 155.8% over ten years.
Over the whole period, total credit — value standard local currency in Algeria peaked at 7.24 million million SLC in 2024 and was at its lowest, 77,791 million SLC, in 1992.
That places Algeria 31st out of 165 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total Credit — Value Standard Local Currency in Algeria, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 398,175 million SLC | — |
| 1992 | 77,791 million SLC | -80.5% |
| 1993 | 78,556 million SLC | +1.0% |
| 1994 | 96,302 million SLC | +22.6% |
| 1995 | 104,012 million SLC | +8.0% |
| 1996 | 137,569 million SLC | +32.3% |
| 1997 | 108,388 million SLC | -21.2% |
| 1998 | 128,887 million SLC | +18.9% |
| 1999 | 174,084 million SLC | +35.1% |
| 2000 | 245,440 million SLC | +41.0% |
| 2001 | 313,931 million SLC | +27.9% |
| 2002 | 509,640 million SLC | +62.3% |
| 2003 | 544,365 million SLC | +6.8% |
| 2004 | 627,845 million SLC | +15.3% |
| 2005 | 869,650 million SLC | +38.5% |
| 2006 | 979,458 million SLC | +12.6% |
| 2007 | 1.15 million million SLC | +17.5% |
| 2008 | 1.34 million million SLC | +16.4% |
| 2009 | 1.48 million million SLC | +10.5% |
| 2010 | 1.65 million million SLC | +11.7% |
| 2011 | 1.83 million million SLC | +10.9% |
| 2012 | 2.09 million million SLC | +14.1% |
| 2013 | 2.51 million million SLC | +19.9% |
| 2014 | 2.83 million million SLC | +12.8% |
| 2015 | 3.21 million million SLC | +13.5% |
| 2016 | 3.55 million million SLC | +10.4% |
| 2017 | 4.13 million million SLC | +16.3% |
| 2018 | 4.57 million million SLC | +10.6% |
| 2019 | 4.91 million million SLC | +7.5% |
| 2020 | 5.26 million million SLC | +7.3% |
| 2021 | 5.70 million million SLC | +8.3% |
| 2022 | 5.84 million million SLC | +2.5% |
| 2023 | 6.35 million million SLC | +8.6% |
| 2024 | 7.24 million million SLC | +14.0% |
Algeria compared with similar countries
- Algeria's 7.24 million million SLC is above the median for upper middle income countries, which is 484,171 million SLC, 14.9× the median. (47 countries reporting)
- Algeria's 7.24 million million SLC is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 358,814 million SLC, 20.2× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Total Credit — Value Standard Local Currency in Algeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | -80.5% | 398,175 million SLC | 77,791 million SLC |
| 2002 | +62.3% | 313,931 million SLC | 509,640 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 144,863 million SLC | 77,791 million SLC | 398,175 million SLC | 9 |
| 2000s | 806,091 million SLC | 245,440 million SLC | 1.48 million million SLC | 10 |
| 2010s | 3.13 million million SLC | 1.65 million million SLC | 4.91 million million SLC | 10 |
| 2020s | 6.08 million million SLC | 5.26 million million SLC | 7.24 million million SLC | 5 |
Countries ranked near Algeria
More agriculture & rural data for Algeria
- Agriculture, forestry, and fishing, value added (current US$), annual 10.79 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.1451 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 878.12 current US$ per person (2025)
- Rural population, annual growth rate -0.884 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.2418 units per person (2025)
- Share of GDP from agriculture 14.5% (2025)
- Agriculture as a share of GDP vs. GDP per capita 14.5% (2025)
- Agricultural raw materials exports 0.1% (2017)
- Agricultural raw materials imports 1.1% (2017)
Frequently asked questions
- What is total credit — value standard local currency in Algeria?
- Total credit — value standard local currency in Algeria was 7.24 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 recorded in Algeria?
- The highest recorded value was 7.24 million million SLC in 2024.
- What is the lowest total credit — value standard local currency recorded in Algeria?
- The lowest recorded value was 77,791 million SLC in 1992.
- How does Algeria rank for total credit — value standard local currency?
- Algeria ranks 31st out of 165 countries with data for 2024.
- Is total credit — value standard local currency rising or falling in Algeria?
- Over the last ten years it is up 155.8%. The long-run trend across the full record is volatile.
- Where does this Algeria 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. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 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.