Total Credit — Value Standard Local Currency in Georgia

Georgia: Total Credit — Value Standard Local Currency was 60,266 million SLC in 2024. ◆ Volatile

Latest (2024)
60,266 million SLC
Change on year
up 18.3%
World rank
123rd
of 174 countries
All-time high
60,266 million SLC
in 2024
All-time low
743.88 million SLC
in 2003
Years of data
22
2003–2024

Total Credit — Value Standard Local Currency in Georgia, 2003–2024

020.0k40.0k60.0k2003201320242003: 743.9 million SLC2004: 925 million SLC2005: 1.7k million SLC2006: 2.6k million SLC2007: 4.4k million SLC2008: 5.8k million SLC2009: 5.0k million SLC2010: 5.9k million SLC2011: 7.4k million SLC2012: 8.4k million SLC2013: 10.1k million SLC2014: 12.5k million SLC2015: 15.5k million SLC2016: 18.5k million SLC2017: 21.8k million SLC2018: 25.9k million SLC2019: 31.1k million SLC2020: 37.4k million SLC2021: 42.2k million SLC2022: 44.2k million SLC2023: 50.9k million SLC2024: 60.3k million SLC

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 123rd out of 174 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 120 Ireland 67,371 million SLC compare
  2. 121 Kuwait 65,524 million SLC compare
  3. 122 Panama 60,281 million SLC compare
  4. 124 Zimbabwe 45,981 million SLC compare
  5. 125 Croatia 39,574 million SLC compare
  6. 126 Afghanistan 39,550 million SLC compare

See the full ranking of 177 places →

More agriculture & rural data for Georgia

All data for Georgia →

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 123rd out of 174 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

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.