Total Credit — Value Standard Local Currency in India
India: Total Credit — Value Standard Local Currency was 187.87 million million SLC in 2024. ◆ Volatile
Total Credit — Value Standard Local Currency in India, 1996–2024
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 9th of 165 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Total Credit — Value Standard Local Currency in India, year by year
| Year | million SLC | Change |
|---|---|---|
| 1996 | 2.55 million million SLC | — |
| 1997 | 2.84 million million SLC | +11.7% |
| 1998 | 3.30 million million SLC | +16.0% |
| 1999 | 3.82 million million SLC | +15.9% |
| 2000 | 4.60 million million SLC | +20.3% |
| 2001 | 5.38 million million SLC | +17.0% |
| 2002 | 6.56 million million SLC | +21.8% |
| 2003 | 7.56 million million SLC | +15.2% |
| 2004 | 8.80 million million SLC | +16.4% |
| 2005 | 11.52 million million SLC | +30.9% |
| 2006 | 15.14 million million SLC | +31.4% |
| 2007 | 19.47 million million SLC | +28.6% |
| 2008 | 24.17 million million SLC | +24.1% |
| 2009 | 28.48 million million SLC | +17.8% |
| 2010 | 33.45 million million SLC | +17.5% |
| 2011 | 40.76 million million SLC | +21.8% |
| 2012 | 48.03 million million SLC | +17.9% |
| 2013 | 55.25 million million SLC | +15.0% |
| 2014 | 63.52 million million SLC | +15.0% |
| 2015 | 69.65 million million SLC | +9.7% |
| 2016 | 73.37 million million SLC | +5.3% |
| 2017 | 80.63 million million SLC | +9.9% |
| 2018 | 92.09 million million SLC | +14.2% |
| 2019 | 98.92 million million SLC | +7.4% |
| 2020 | 104.21 million million SLC | +5.4% |
| 2021 | 112.61 million million SLC | +8.1% |
| 2022 | 131.53 million million SLC | +16.8% |
| 2023 | 158.16 million million SLC | +20.3% |
| 2024 | 187.87 million million SLC | +18.8% |
India compared with similar countries
- India's 187.87 million million SLC is above the median for lower middle income countries, which is 487,892 million SLC, 385.1× the median. (38 countries reporting)
- India's 187.87 million million SLC is above the median for South Asia, which is 6.87 million million SLC, 27.4× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 6 Syrian Arab Republic 2.82 million million SLC compare
- 6 Uzbekistan 415.63 million million SLC compare
- 7 Bolivia (Plurinational State of) 151,484 million SLC compare
- 7 Chile 306.02 million million SLC compare
- 8 Paraguay 193.51 million million SLC compare
- 8 Republic of Moldova 80,825 million SLC compare
- 9 Timor-Leste 439.9 million SLC compare
- 10 Cambodia 167.82 million million SLC compare
- 11 China, mainland 160.91 million million SLC compare
- 12 Iraq 102.24 million million SLC compare
More agriculture & rural data for India
- Agriculture, forestry, and fishing, value added (current US$), annual -2.83 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.1623 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 438.73 current US$ per person (2025)
- Rural population, annual growth rate 0.4067 % change on previous year (2025)
- Rural population, per unit of GDP 0.0002 units per US$ of GDP (2025)
- Rural population, per capita 0.6431 units per person (2025)
- Share of GDP from agriculture 16.2% (2025)
- Agriculture as a share of GDP vs. GDP per capita 16.2% (2025)
- Agricultural raw materials exports 0.9% (2024)
- Agricultural raw materials imports 1.5% (2024)
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 9th out of 165 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.
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CSV · JSON — 29 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.