Total Credit — Value Standard Local Currency in Georgia
Georgia: Total Credit — Value Standard Local Currency was 60,266 million SLC in 2024. ◆ Volatile
Total Credit — Value Standard Local Currency in Georgia, 2003–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, total credit — value standard local currency in Georgia stood at 60,266 million SLC. That is the highest value across all 22 years on record.
Compared with earlier readings it is up 18.3% on the previous year and up 383.0% over ten years.
Over the whole period, total credit — value standard local currency in Georgia peaked at 60,266 million SLC in 2024 and was at its lowest, 743.88 million SLC, in 2003.
That places Georgia 115th out of 165 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.
Total Credit — Value Standard Local Currency in Georgia, year by year
| Year | million SLC | Change |
|---|---|---|
| 2003 | 743.88 million SLC | — |
| 2004 | 925 million SLC | +24.3% |
| 2005 | 1,688 million SLC | +82.5% |
| 2006 | 2,627 million SLC | +55.6% |
| 2007 | 4,421 million SLC | +68.3% |
| 2008 | 5,793 million SLC | +31.0% |
| 2009 | 4,985 million SLC | -14.0% |
| 2010 | 5,946 million SLC | +19.3% |
| 2011 | 7,450 million SLC | +25.3% |
| 2012 | 8,372 million SLC | +12.4% |
| 2013 | 10,115 million SLC | +20.8% |
| 2014 | 12,478 million SLC | +23.4% |
| 2015 | 15,510 million SLC | +24.3% |
| 2016 | 18,512 million SLC | +19.4% |
| 2017 | 21,762 million SLC | +17.6% |
| 2018 | 25,918 million SLC | +19.1% |
| 2019 | 31,079 million SLC | +19.9% |
| 2020 | 37,374 million SLC | +20.3% |
| 2021 | 42,189 million SLC | +12.9% |
| 2022 | 44,224 million SLC | +4.8% |
| 2023 | 50,928 million SLC | +15.2% |
| 2024 | 60,266 million SLC | +18.3% |
Georgia compared with similar countries
- Georgia's 60,266 million SLC is below the median for upper middle income countries, which is 484,171 million SLC, 12% of the median. (47 countries reporting)
- Georgia's 60,266 million SLC is below the median for Europe & Central Asia, which is 367,788 million SLC, 16% of the median. (42 countries reporting)
Biggest year-on-year movements
Years where Total Credit — Value Standard Local Currency in Georgia 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 |
|---|---|---|---|
| 2005 | +82.5% | 925 million SLC | 1,688 million SLC |
| 2007 | +68.3% | 2,627 million SLC | 4,421 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3,026 million SLC | 743.88 million SLC | 5,793 million SLC | 7 |
| 2010s | 15,714 million SLC | 5,946 million SLC | 31,079 million SLC | 10 |
| 2020s | 46,996 million SLC | 37,374 million SLC | 60,266 million SLC | 5 |
Countries ranked near Georgia
More agriculture & rural data for Georgia
- Agriculture, forestry, and fishing, value added (current US$), annual 5.39 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0518 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 502.19 current US$ per person (2025)
- Rural population, annual growth rate 2.97 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.3882 units per person (2025)
- Share of GDP from agriculture 5.2% (2025)
- Agriculture as a share of GDP vs. GDP per capita 5.2% (2025)
- Agricultural raw materials exports 0.7% (2024)
- Agricultural raw materials imports 0.8% (2024)
Frequently asked questions
- What is total credit — value standard local currency in Georgia?
- Total credit — value standard local currency in Georgia was 60,266 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 Georgia?
- The highest recorded value was 60,266 million SLC in 2024.
- What is the lowest total credit — value standard local currency recorded in Georgia?
- The lowest recorded value was 743.88 million SLC in 2003.
- How does Georgia rank for total credit — value standard local currency?
- Georgia ranks 115th out of 165 countries with data for 2024.
- Is total credit — value standard local currency rising or falling in Georgia?
- Over the last ten years it is up 383.0%. The long-run trend across the full record is volatile.
- Where does this Georgia 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 — 22 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.