Total Credit — Value Standard Local Currency in Australia
Australia: Total Credit — Value Standard Local Currency was 1.16 million million SLC in 2024. ◆ Volatile
Total Credit — Value Standard Local Currency in Australia, 1993–2024
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 in Australia is 1.16 million million SLC, measured in 2024. That is the highest value across all 32 years on record.
That represents a change of up 9.1% on the previous year and up 46.9% over ten years.
Over the whole period, total credit — value standard local currency in Australia peaked at 1.16 million million SLC in 2024 and was at its lowest, 142,404 million SLC, in 1993.
That places Australia 73rd out of 174 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 186,649 million SLC | 142,404 million SLC | 246,891 million SLC | 7 |
| 2000s | 439,202 million SLC | 267,351 million SLC | 703,748 million SLC | 10 |
| 2010s | 811,200 million SLC | 641,003 million SLC | 993,941 million SLC | 10 |
| 2020s | 986,725 million SLC | 831,571 million SLC | 1.16 million million SLC | 5 |
Countries ranked near Australia
More agriculture & rural data for Australia
- Agriculture share gdp 2.27 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 2.27 (2025)
- Agricultural raw materials exports 1.7% (2025)
- Agricultural raw materials imports 0.5% (2025)
- Rural population 12.3% (2025)
- Rural population growth 0.6% (2025)
- Rural population 3.39 million (2025)
- Agriculture, forestry, and fishing, value added 2.3% (2025)
- Agriculture, forestry, and fishing, value added 40.76 billion current US$ (2025)
- Cereal yield vs gdp per capita 2.69 (2024)
Frequently asked questions
- What is total credit — value standard local currency in Australia?
- Total credit — value standard local currency in Australia was 1.16 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 Australia?
- The highest recorded value was 1.16 million million SLC in 2024.
- What is the lowest total credit — value standard local currency recorded in Australia?
- The lowest recorded value was 142,404 million SLC in 1993.
- How does Australia rank for total credit — value standard local currency?
- Australia ranks 73rd out of 174 countries with data for 2024.
- Is total credit — value standard local currency rising or falling in Australia?
- Over the last ten years it is up 46.9%. The long-run trend across the full record is volatile.
- Where does this Australia 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 — 32 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.