Total Credit — Value Standard Local Currency in India

India: Total Credit — Value Standard Local Currency was 187.87 million million SLC in 2024. ◆ Volatile

Latest (2024)
187.87 million million SLC
Change on year
up 18.8%
World rank
11th
of 174 countries
All-time high
187.87 million million SLC
in 2024
All-time low
2.55 million million SLC
in 1996
Years of data
29
1996–2024

Total Credit — Value Standard Local Currency in India, 1996–2024

050.0M100.0M150.0M200.0M1996201020241996: 2.5M million SLC1997: 2.8M million SLC1998: 3.3M million SLC1999: 3.8M million SLC2000: 4.6M million SLC2001: 5.4M million SLC2002: 6.6M million SLC2003: 7.6M million SLC2004: 8.8M million SLC2005: 11.5M million SLC2006: 15.1M million SLC2007: 19.5M million SLC2008: 24.2M million SLC2009: 28.5M million SLC2010: 33.5M million SLC2011: 40.8M million SLC2012: 48.0M million SLC2013: 55.3M million SLC2014: 63.5M million SLC2015: 69.7M million SLC2016: 73.4M million SLC2017: 80.6M million SLC2018: 92.1M million SLC2019: 98.9M million SLC2020: 104.2M million SLC2021: 112.6M million SLC2022: 131.5M million SLC2023: 158.2M million SLC2024: 187.9M 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 India stood at 187.87 million million SLC. That is the highest value across all 29 years on record.

Compared with earlier readings it is up 18.8% on the previous year and up 195.8% over ten years.

Over the whole period, total credit — value standard local currency in India peaked at 187.87 million million SLC in 2024 and was at its lowest, 2.55 million million SLC, in 1996.

India ranks 11th of 174 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.13 million million SLC 2.55 million million SLC 3.82 million million SLC 4
2000s 13.17 million million SLC 4.60 million million SLC 28.48 million million SLC 10
2010s 65.57 million million SLC 33.45 million million SLC 98.92 million million SLC 10
2020s 138.88 million million SLC 104.21 million million SLC 187.87 million million SLC 5

Countries ranked near India

  1. 8 Uzbekistan 415.63 million million SLC compare
  2. 9 Chile 306.02 million million SLC compare
  3. 10 Paraguay 193.51 million million SLC compare
  4. 12 Cambodia 167.82 million million SLC compare
  5. 13 China, mainland 160.91 million million SLC compare
  6. 14 Iraq 102.24 million million SLC compare

See the full ranking of 177 places →

More agriculture & rural data for India

All data for India →

Frequently asked questions

What is total credit — value standard local currency in India?
Total credit — value standard local currency in India was 187.87 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 India?
The highest recorded value was 187.87 million million SLC in 2024.
What is the lowest total credit — value standard local currency recorded in India?
The lowest recorded value was 2.55 million million SLC in 1996.
How does India rank for total credit — value standard local currency?
India ranks 11th out of 174 countries with data for 2024.
Is total credit — value standard local currency rising or falling in India?
Over the last ten years it is up 195.8%. The long-run trend across the full record is volatile.
Where does this India 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 — 29 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.