Total Credit — Value Standard Local Currency in Eritrea

Eritrea: Total Credit — Value Standard Local Currency was 21,318 million SLC in 2014. ◆ Volatile

Latest (2014)
21,318 million SLC
Change on year
up 108.4%
World rank
139th
of 174 countries
All-time high
21,318 million SLC
in 2014
All-time low
674.15 million SLC
in 1995
Years of data
20
1995–2014

Total Credit — Value Standard Local Currency in Eritrea, 1995–2014

05.0k10.0k15.0k20.0k1995200420141995: 674.2 million SLC1996: 1.6k million SLC1997: 1.9k million SLC1998: 2.8k million SLC1999: 2.2k million SLC2000: 2.0k million SLC2001: 2.5k million SLC2002: 2.9k million SLC2003: 3.6k million SLC2004: 4.1k million SLC2005: 4.7k million SLC2006: 3.7k million SLC2007: 3.3k million SLC2008: 3.1k million SLC2009: 3.3k million SLC2010: 5.2k million SLC2011: 5.6k million SLC2012: 5.6k million SLC2013: 10.2k million SLC2014: 21.3k million SLC

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

Analysis

Eritrea recorded 21,318 million SLC for total credit — value standard local currency in 2014. That is the highest value across all 20 years on record.

Compared with earlier readings it is up 108.4% on the previous year and up 417.4% over ten years.

Over the whole period, total credit — value standard local currency in Eritrea peaked at 21,318 million SLC in 2014 and was at its lowest, 674.15 million SLC, in 1995.

Eritrea ranks 139th of 174 countries on this measure, 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
1990s 1,826 million SLC 674.15 million SLC 2,769 million SLC 5
2000s 3,326 million SLC 1,985 million SLC 4,653 million SLC 10
2010s 9,586 million SLC 5,201 million SLC 21,318 million SLC 5

Countries ranked near Eritrea

  1. 136 Slovenia 24,164 million SLC compare
  2. 137 Slovakia 22,860 million SLC compare
  3. 138 Zambia 21,634 million SLC compare
  4. 140 Eswatini 19,754 million SLC compare
  5. 141 El Salvador 19,540 million SLC compare
  6. 142 Gambia 18,762 million SLC compare

See the full ranking of 177 places →

More agriculture & rural data for Eritrea

All data for Eritrea →

Frequently asked questions

What is total credit — value standard local currency in Eritrea?
Total credit — value standard local currency in Eritrea was 21,318 million SLC in 2014, according to Food and Agriculture Organization of the United Nations.
What is the highest total credit — value standard local currency recorded in Eritrea?
The highest recorded value was 21,318 million SLC in 2014.
What is the lowest total credit — value standard local currency recorded in Eritrea?
The lowest recorded value was 674.15 million SLC in 1995.
How does Eritrea rank for total credit — value standard local currency?
Eritrea ranks 139th out of 174 countries with data for 2014.
Is total credit — value standard local currency rising or falling in Eritrea?
Over the last ten years it is up 417.4%. The long-run trend across the full record is volatile.
Where does this Eritrea 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.