Total Credit — Value Standard Local Currency in Mexico
Mexico: Total Credit — Value Standard Local Currency was 6.42 million million SLC in 2024. ◆ Volatile
Total Credit — Value Standard Local Currency in Mexico, 2004–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Mexico recorded 6.42 million million SLC for total credit — value standard local currency in 2024. That is the highest value across all 21 years on record.
The figure is up 12.6% on the previous year and up 157.2% over ten years.
Over the whole period, total credit — value standard local currency in Mexico peaked at 6.42 million million SLC in 2024 and was at its lowest, 833,950 million SLC, in 2004.
Mexico ranks 34th of 165 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total Credit — Value Standard Local Currency in Mexico, year by year
| Year | million SLC | Change |
|---|---|---|
| 2004 | 833,950 million SLC | — |
| 2005 | 973,148 million SLC | +16.7% |
| 2006 | 1.21 million million SLC | +23.9% |
| 2007 | 1.52 million million SLC | +26.3% |
| 2008 | 1.54 million million SLC | +1.4% |
| 2009 | 1.52 million million SLC | -1.8% |
| 2010 | 1.66 million million SLC | +9.3% |
| 2011 | 1.92 million million SLC | +16.0% |
| 2012 | 2.11 million million SLC | +9.7% |
| 2013 | 2.32 million million SLC | +10.1% |
| 2014 | 2.50 million million SLC | +7.5% |
| 2015 | 2.85 million million SLC | +14.1% |
| 2016 | 3.28 million million SLC | +15.1% |
| 2017 | 3.67 million million SLC | +12.0% |
| 2018 | 4.05 million million SLC | +10.3% |
| 2019 | 4.28 million million SLC | +5.7% |
| 2020 | 4.31 million million SLC | +0.6% |
| 2021 | 4.49 million million SLC | +4.3% |
| 2022 | 5.06 million million SLC | +12.6% |
| 2023 | 5.70 million million SLC | +12.7% |
| 2024 | 6.42 million million SLC | +12.6% |
Mexico compared with similar countries
- Mexico's 6.42 million million SLC is above the median for upper middle income countries, which is 484,171 million SLC, 13.3× the median. (47 countries reporting)
- Mexico's 6.42 million million SLC is above the median for Latin America & Caribbean, which is 156,387 million SLC, 41.0× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.27 million million SLC | 833,950 million SLC | 1.54 million million SLC | 6 |
| 2010s | 2.86 million million SLC | 1.66 million million SLC | 4.28 million million SLC | 10 |
| 2020s | 5.19 million million SLC | 4.31 million million SLC | 6.42 million million SLC | 5 |
Countries ranked near Mexico
More agriculture & rural data for Mexico
- Agriculture, forestry, and fishing, value added (current US$), annual 0.4963 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0388 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 539.47 current US$ per person (2025)
- Rural population, annual growth rate -0.5998 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.1996 units per person (2025)
- Share of GDP from agriculture 3.9% (2025)
- Agriculture as a share of GDP vs. GDP per capita 3.9% (2025)
- Agricultural raw materials exports 0.1% (2025)
- Agricultural raw materials imports 0.7% (2025)
Frequently asked questions
- What is total credit — value standard local currency in Mexico?
- Total credit — value standard local currency in Mexico was 6.42 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 Mexico?
- The highest recorded value was 6.42 million million SLC in 2024.
- What is the lowest total credit — value standard local currency recorded in Mexico?
- The lowest recorded value was 833,950 million SLC in 2004.
- How does Mexico rank for total credit — value standard local currency?
- Mexico ranks 34th out of 165 countries with data for 2024.
- Is total credit — value standard local currency rising or falling in Mexico?
- Over the last ten years it is up 157.2%. The long-run trend across the full record is volatile.
- Where does this Mexico 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 — 21 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.