Total Credit — Value Standard Local Currency in Ethiopia
Ethiopia: Total Credit — Value Standard Local Currency was 2.15 million million SLC in 2024. ◆ Volatile
Total Credit — Value Standard Local Currency in Ethiopia, 2004–2024
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 Ethiopia is 2.15 million million SLC, measured in 2024. That is the highest value across all 21 years on record.
That represents a change of up 10.1% on the previous year and up 1,084.7% over ten years.
Over the whole period, total credit — value standard local currency in Ethiopia peaked at 2.15 million million SLC in 2024 and was at its lowest, 29,106 million SLC, in 2005.
Ethiopia ranks 53rd of 165 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total Credit — Value Standard Local Currency in Ethiopia, year by year
| Year | million SLC | Change |
|---|---|---|
| 2004 | 31,598 million SLC | — |
| 2005 | 29,106 million SLC | -7.9% |
| 2006 | 39,631 million SLC | +36.2% |
| 2007 | 44,318 million SLC | +11.8% |
| 2008 | 48,242 million SLC | +8.9% |
| 2009 | 51,634 million SLC | +7.0% |
| 2010 | 62,292 million SLC | +20.6% |
| 2011 | 77,690 million SLC | +24.7% |
| 2012 | 116,346 million SLC | +49.8% |
| 2013 | 151,204 million SLC | +30.0% |
| 2014 | 181,327 million SLC | +19.9% |
| 2015 | 231,770 million SLC | +27.8% |
| 2016 | 280,373 million SLC | +21.0% |
| 2017 | 365,601 million SLC | +30.4% |
| 2018 | 448,954 million SLC | +22.8% |
| 2019 | 857,511 million SLC | +91.0% |
| 2020 | 1.03 million million SLC | +20.4% |
| 2021 | 1.28 million million SLC | +24.3% |
| 2022 | 1.59 million million SLC | +23.9% |
| 2023 | 1.95 million million SLC | +22.6% |
| 2024 | 2.15 million million SLC | +10.1% |
Ethiopia compared with similar countries
- Ethiopia's 2.15 million million SLC is above the median for low income countries, which is 673,676 million SLC, 3.2× the median. (21 countries reporting)
- Ethiopia's 2.15 million million SLC is above the median for Sub-Saharan Africa, which is 494,292 million SLC, 4.3× the median. (42 countries reporting)
Biggest year-on-year movements
Years where Total Credit — Value Standard Local Currency in Ethiopia 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 |
|---|---|---|---|
| 2019 | +91.0% | 448,954 million SLC | 857,511 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 40,755 million SLC | 29,106 million SLC | 51,634 million SLC | 6 |
| 2010s | 277,307 million SLC | 62,292 million SLC | 857,511 million SLC | 10 |
| 2020s | 1.60 million million SLC | 1.03 million million SLC | 2.15 million million SLC | 5 |
Countries ranked near Ethiopia
More agriculture & rural data for Ethiopia
- Agriculture, forestry, and fishing, value added (current US$), annual -20.36 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.3282 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 306.11 current US$ per person (2025)
- Rural population, annual growth rate 1.93 % change on previous year (2025)
- Rural population, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Rural population, per capita 0.7589 units per person (2025)
- Share of GDP from agriculture 32.8% (2025)
- Agriculture as a share of GDP vs. GDP per capita 32.8% (2025)
- Agricultural raw materials exports 9.7% (2023)
- Agricultural raw materials imports 0.5% (2023)
Frequently asked questions
- What is total credit — value standard local currency in Ethiopia?
- Total credit — value standard local currency in Ethiopia was 2.15 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 Ethiopia?
- The highest recorded value was 2.15 million million SLC in 2024.
- What is the lowest total credit — value standard local currency recorded in Ethiopia?
- The lowest recorded value was 29,106 million SLC in 2005.
- How does Ethiopia rank for total credit — value standard local currency?
- Ethiopia ranks 53rd out of 165 countries with data for 2024.
- Is total credit — value standard local currency rising or falling in Ethiopia?
- Over the last ten years it is up 1,084.7%. The long-run trend across the full record is volatile.
- Where does this Ethiopia 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 — 21 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.