Total Credit — Value Standard Local Currency in Iraq
Iraq: Total Credit — Value Standard Local Currency was 102.24 million million SLC in 2024. ▲ Rising
Total Credit — Value Standard Local Currency in Iraq, 2008–2024
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 Iraq is 102.24 million million SLC, measured in 2024. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 6.9% on the previous year and up 20.2% over ten years.
Over the whole period, total credit — value standard local currency in Iraq peaked at 102.24 million million SLC in 2024 and was at its lowest, 4.59 million million SLC, in 2008.
That places Iraq 12th out of 165 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
Total Credit — Value Standard Local Currency in Iraq, year by year
| Year | million SLC | Change |
|---|---|---|
| 2008 | 4.59 million million SLC | — |
| 2009 | 51.76 million million SLC | +1028.3% |
| 2010 | 51.51 million million SLC | -0.5% |
| 2011 | 59.38 million million SLC | +15.3% |
| 2012 | 72.61 million million SLC | +22.3% |
| 2013 | 83.62 million million SLC | +15.2% |
| 2014 | 85.03 million million SLC | +1.7% |
| 2015 | 77.24 million million SLC | -9.2% |
| 2016 | 70.46 million million SLC | -8.8% |
| 2017 | 65.60 million million SLC | -6.9% |
| 2018 | 63.82 million million SLC | -2.7% |
| 2019 | 67.32 million million SLC | +5.5% |
| 2020 | 75.27 million million SLC | +11.8% |
| 2021 | 80.62 million million SLC | +7.1% |
| 2022 | 90.96 million million SLC | +12.8% |
| 2023 | 95.66 million million SLC | +5.2% |
| 2024 | 102.24 million million SLC | +6.9% |
Iraq compared with similar countries
- Iraq's 102.24 million million SLC is above the median for upper middle income countries, which is 484,171 million SLC, 211.2× the median. (47 countries reporting)
- Iraq's 102.24 million million SLC is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 358,814 million SLC, 285.0× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Total Credit — Value Standard Local Currency in Iraq 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 |
|---|---|---|---|
| 2009 | +1028.3% | 4.59 million million SLC | 51.76 million million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 28.17 million million SLC | 4.59 million million SLC | 51.76 million million SLC | 2 |
| 2010s | 69.66 million million SLC | 51.51 million million SLC | 85.03 million million SLC | 10 |
| 2020s | 88.95 million million SLC | 75.27 million million SLC | 102.24 million million SLC | 5 |
Countries ranked near Iraq
- 9 India 187.87 million 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
- 13 Russian Federation 77.73 million million SLC compare
- 14 Nigeria 44.54 million million SLC compare
- 15 Mongolia 33.30 million million SLC compare
More agriculture & rural data for Iraq
- Agriculture, forestry, and fishing, value added (current US$), annual -8.53 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0341 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 184.67 current US$ per person (2025)
- Rural population, annual growth rate 1.94 % change on previous year (2025)
- Rural population, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Rural population, per capita 0.3006 units per person (2025)
- Share of GDP from agriculture 3.4% (2025)
- Agriculture as a share of GDP vs. GDP per capita 3.4% (2025)
- Agricultural raw materials exports 0.0% (2016)
- Agricultural raw materials imports 0.1% (2014)
Frequently asked questions
- What is total credit — value standard local currency in Iraq?
- Total credit — value standard local currency in Iraq was 102.24 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 Iraq?
- The highest recorded value was 102.24 million million SLC in 2024.
- What is the lowest total credit — value standard local currency recorded in Iraq?
- The lowest recorded value was 4.59 million million SLC in 2008.
- How does Iraq rank for total credit — value standard local currency?
- Iraq ranks 12th out of 165 countries with data for 2024.
- Is total credit — value standard local currency rising or falling in Iraq?
- Over the last ten years it is up 20.2%. The long-run trend across the full record is rising.
- Where does this Iraq 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 — 17 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.