Total Credit — Value Standard Local Currency in Azerbaijan

Azerbaijan: Total Credit — Value Standard Local Currency was 29,288 million SLC in 2024. ◆ Volatile

Latest (2024)
29,288 million SLC
Change on year
up 22.1%
World rank
132nd
of 174 countries
All-time high
29,288 million SLC
in 2024
All-time low
1,441 million SLC
in 2005
Years of data
20
2005–2024

Total Credit — Value Standard Local Currency in Azerbaijan, 2005–2024

010.0k20.0k30.0k2005201420242005: 1.4k million SLC2006: 2.4k million SLC2007: 4.7k million SLC2008: 7.2k million SLC2009: 8.4k million SLC2010: 9.2k million SLC2011: 9.9k million SLC2012: 12.2k million SLC2013: 15.4k million SLC2014: 18.5k million SLC2015: 21.7k million SLC2016: 16.4k million SLC2017: 11.8k million SLC2018: 13.0k million SLC2019: 15.3k million SLC2020: 14.5k million SLC2021: 17.1k million SLC2022: 20.2k million SLC2023: 24.0k million SLC2024: 29.3k million SLC

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

Analysis

Azerbaijan recorded 29,288 million SLC for total credit — value standard local currency in 2024. That is the highest value across all 20 years on record.

Compared with earlier readings it is up 22.1% on the previous year and up 58.0% over ten years.

Over the whole period, total credit — value standard local currency in Azerbaijan peaked at 29,288 million SLC in 2024 and was at its lowest, 1,441 million SLC, in 2005.

That places Azerbaijan 132nd out of 174 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 4,817 million SLC 1,441 million SLC 8,408 million SLC 5
2010s 14,347 million SLC 9,163 million SLC 21,730 million SLC 10
2020s 21,020 million SLC 14,530 million SLC 29,288 million SLC 5

Countries ranked near Azerbaijan

  1. 129 Qatar 36,214 million SLC
  2. 130 Libya 30,802 million SLC compare
  3. 131 Jordan 29,324 million SLC compare
  4. 133 Lithuania 27,730 million SLC compare
  5. 134 Oman 25,555 million SLC compare
  6. 135 Tajikistan 24,558 million SLC compare

See the full ranking of 177 places →

More agriculture & rural data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is total credit — value standard local currency in Azerbaijan?
Total credit — value standard local currency in Azerbaijan was 29,288 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 Azerbaijan?
The highest recorded value was 29,288 million SLC in 2024.
What is the lowest total credit — value standard local currency recorded in Azerbaijan?
The lowest recorded value was 1,441 million SLC in 2005.
How does Azerbaijan rank for total credit — value standard local currency?
Azerbaijan ranks 132nd out of 174 countries with data for 2024.
Is total credit — value standard local currency rising or falling in Azerbaijan?
Over the last ten years it is up 58.0%. The long-run trend across the full record is volatile.
Where does this Azerbaijan 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 — 20 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Total Credit — Value Standard Local Currency
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.