Total Credit — Value Standard Local Currency in Libya
Libya: Total Credit — Value Standard Local Currency was 30,802 million SLC in 2024. ◆ Volatile
Total Credit — Value Standard Local Currency in Libya, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Libya recorded 30,802 million SLC for total credit — value standard local currency in 2024. That is the highest value across all 34 years on record.
Compared with earlier readings it is up 21.9% on the previous year and up 118.4% over ten years.
Over the whole period, total credit — value standard local currency in Libya peaked at 30,802 million SLC in 2024 and was at its lowest, 2,746 million SLC, in 1991.
That places Libya 122nd out of 165 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.
Total Credit — Value Standard Local Currency in Libya, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 2,746 million SLC | — |
| 1992 | 2,951 million SLC | +7.5% |
| 1993 | 3,235 million SLC | +9.6% |
| 1994 | 3,474 million SLC | +7.4% |
| 1995 | 3,849 million SLC | +10.8% |
| 1996 | 3,236 million SLC | -15.9% |
| 1997 | 3,368 million SLC | +4.1% |
| 1998 | 3,434 million SLC | +1.9% |
| 1999 | 3,737 million SLC | +8.8% |
| 2000 | 4,033 million SLC | +7.9% |
| 2001 | 4,042 million SLC | +0.2% |
| 2002 | 4,878 million SLC | +20.7% |
| 2003 | 4,496 million SLC | -7.8% |
| 2004 | 4,742 million SLC | +5.5% |
| 2005 | 4,720 million SLC | -0.5% |
| 2006 | 4,742 million SLC | +0.5% |
| 2007 | 5,286 million SLC | +11.5% |
| 2008 | 7,744 million SLC | +46.5% |
| 2009 | 8,521 million SLC | +10.0% |
| 2010 | 8,843 million SLC | +3.8% |
| 2011 | 8,363 million SLC | -5.4% |
| 2012 | 10,903 million SLC | +30.4% |
| 2013 | 13,163 million SLC | +20.7% |
| 2014 | 14,103 million SLC | +7.1% |
| 2015 | 14,481 million SLC | +2.7% |
| 2016 | 13,104 million SLC | -9.5% |
| 2017 | 13,844 million SLC | +5.6% |
| 2018 | 13,447 million SLC | -2.9% |
| 2019 | 14,166 million SLC | +5.3% |
| 2020 | 14,206 million SLC | +0.3% |
| 2021 | 17,551 million SLC | +23.5% |
| 2022 | 22,311 million SLC | +27.1% |
| 2023 | 25,278 million SLC | +13.3% |
| 2024 | 30,802 million SLC | +21.9% |
Libya compared with similar countries
- Libya's 30,802 million SLC is below the median for upper middle income countries, which is 484,171 million SLC, 6% of the median. (47 countries reporting)
- Libya's 30,802 million SLC is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 358,814 million SLC, 9% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3,337 million SLC | 2,746 million SLC | 3,849 million SLC | 9 |
| 2000s | 5,320 million SLC | 4,033 million SLC | 8,521 million SLC | 10 |
| 2010s | 12,442 million SLC | 8,363 million SLC | 14,481 million SLC | 10 |
| 2020s | 22,029 million SLC | 14,206 million SLC | 30,802 million SLC | 5 |
Countries ranked near Libya
More agriculture & rural data for Libya
- Agriculture, forestry, and fishing, value added (current US$), annual -37.76 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.015 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 96.79 current US$ per person (2025)
- Rural population, annual growth rate 0.835 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.1209 units per person (2025)
- Share of GDP from agriculture 1.5% (2025)
- Agriculture as a share of GDP vs. GDP per capita 1.5% (2025)
- Agricultural raw materials exports 0.0% (2019)
- Agricultural raw materials imports 0.4% (2019)
Frequently asked questions
- What is total credit — value standard local currency in Libya?
- Total credit — value standard local currency in Libya was 30,802 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 Libya?
- The highest recorded value was 30,802 million SLC in 2024.
- What is the lowest total credit — value standard local currency recorded in Libya?
- The lowest recorded value was 2,746 million SLC in 1991.
- How does Libya rank for total credit — value standard local currency?
- Libya ranks 122nd out of 165 countries with data for 2024.
- Is total credit — value standard local currency rising or falling in Libya?
- Over the last ten years it is up 118.4%. The long-run trend across the full record is volatile.
- Where does this Libya 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 — 34 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.