Total Credit — Value Standard Local Currency in Azerbaijan
Azerbaijan: Total Credit — Value Standard Local Currency was 29,288 million SLC in 2024. ◆ Volatile
Total Credit — Value Standard Local Currency in Azerbaijan, 2005–2024
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 124th out of 165 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.
Total Credit — Value Standard Local Currency in Azerbaijan, year by year
| Year | million SLC | Change |
|---|---|---|
| 2005 | 1,441 million SLC | — |
| 2006 | 2,363 million SLC | +64.0% |
| 2007 | 4,682 million SLC | +98.2% |
| 2008 | 7,191 million SLC | +53.6% |
| 2009 | 8,408 million SLC | +16.9% |
| 2010 | 9,163 million SLC | +9.0% |
| 2011 | 9,850 million SLC | +7.5% |
| 2012 | 12,244 million SLC | +24.3% |
| 2013 | 15,423 million SLC | +26.0% |
| 2014 | 18,543 million SLC | +20.2% |
| 2015 | 21,730 million SLC | +17.2% |
| 2016 | 16,445 million SLC | -24.3% |
| 2017 | 11,758 million SLC | -28.5% |
| 2018 | 13,020 million SLC | +10.7% |
| 2019 | 15,298 million SLC | +17.5% |
| 2020 | 14,530 million SLC | -5.0% |
| 2021 | 17,120 million SLC | +17.8% |
| 2022 | 20,184 million SLC | +17.9% |
| 2023 | 23,979 million SLC | +18.8% |
| 2024 | 29,288 million SLC | +22.1% |
Azerbaijan compared with similar countries
- Azerbaijan's 29,288 million SLC is below the median for upper middle income countries, which is 484,171 million SLC, 6% of the median. (47 countries reporting)
- Azerbaijan's 29,288 million SLC is below the median for Europe & Central Asia, which is 367,788 million SLC, 8% of the median. (42 countries reporting)
Biggest year-on-year movements
Years where Total Credit — Value Standard Local Currency in Azerbaijan 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 |
|---|---|---|---|
| 2007 | +98.2% | 2,363 million SLC | 4,682 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More agriculture & rural data for Azerbaijan
- Agriculture, forestry, and fishing, value added (current US$), annual 8.29 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0593 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 439.1 current US$ per person (2025)
- Rural population, annual growth rate 0.2794 % change on previous year (2025)
- Rural population, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Rural population, per capita 0.4136 units per person (2025)
- Share of GDP from agriculture 5.9% (2025)
- Agriculture as a share of GDP vs. GDP per capita 5.9% (2025)
- Agricultural raw materials exports 0.7% (2025)
- Agricultural raw materials imports 1.1% (2025)
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 124th out of 165 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
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.