Total Credit — Value Standard Local Currency in Latvia
Latvia: Total Credit — Value Standard Local Currency was 12,117 million SLC in 2024. ▼ Falling
Total Credit — Value Standard Local Currency in Latvia, 2010–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, total credit — value standard local currency in Latvia stood at 12,117 million SLC.
Compared with earlier readings it is up 8.0% on the previous year and down 0.1% over ten years.
Over the whole period, total credit — value standard local currency in Latvia peaked at 17,125 million SLC in 2010 and was at its lowest, 10,150 million SLC, in 2020.
That places Latvia 147th out of 174 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 12,885 million SLC | 10,561 million SLC | 17,125 million SLC | 10 |
| 2020s | 11,030 million SLC | 10,150 million SLC | 12,117 million SLC | 5 |
Countries ranked near Latvia
More agriculture & rural data for Latvia
- Agriculture share gdp 4.01 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 4.01 (2025)
- Agricultural raw materials exports 9.8% (2025)
- Agricultural raw materials imports 2.1% (2025)
- Rural population 31.4% (2025)
- Rural population growth -1.5% (2025)
- Rural population 579,603 (2025)
- Agriculture, forestry, and fishing, value added 4.0% (2025)
- Agriculture, forestry, and fishing, value added 1.95 billion current US$ (2025)
- Cereal yield vs gdp per capita 3.56 (2023)
Frequently asked questions
- What is total credit — value standard local currency in Latvia?
- Total credit — value standard local currency in Latvia was 12,117 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 Latvia?
- The highest recorded value was 17,125 million SLC in 2010.
- What is the lowest total credit — value standard local currency recorded in Latvia?
- The lowest recorded value was 10,150 million SLC in 2020.
- How does Latvia rank for total credit — value standard local currency?
- Latvia ranks 147th out of 174 countries with data for 2024.
- Is total credit — value standard local currency rising or falling in Latvia?
- Over the last ten years it is down 0.1%. The long-run trend across the full record is falling.
- Where does this Latvia 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 — 15 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.