Total Credit — Value Standard Local Currency in Philippines
Philippines: Total Credit — Value Standard Local Currency was 14.03 million million SLC in 2024. ◆ Volatile
Total Credit — Value Standard Local Currency in Philippines, 1999–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Philippines recorded 14.03 million million SLC for total credit — value standard local currency in 2024. That is the highest value across all 26 years on record.
The figure is up 32.2% on the previous year and up 206.6% over ten years.
Over the whole period, total credit — value standard local currency in Philippines peaked at 14.03 million million SLC in 2024 and was at its lowest, 1.75 million million SLC, in 1999.
Philippines ranks 28th of 174 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.75 million million SLC | 1.75 million million SLC | 1.75 million million SLC | 1 |
| 2000s | 2.28 million million SLC | 1.80 million million SLC | 3.18 million million SLC | 10 |
| 2010s | 5.49 million million SLC | 2.83 million million SLC | 8.70 million million SLC | 10 |
| 2020s | 10.48 million million SLC | 8.62 million million SLC | 14.03 million million SLC | 5 |
Countries ranked near Philippines
- 25 Costa Rica 19.35 million million SLC compare
- 26 Thailand 18.16 million million SLC compare
- 27 Bangladesh 15.97 million million SLC compare
- 29 Hungary 13.13 million million SLC compare
- 30 Madagascar 12.93 million million SLC compare
- 31 Pakistan 9.57 million million SLC compare
More agriculture & rural data for Philippines
- Agriculture share gdp 8.59 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 8.59 (2025)
- Agricultural raw materials exports 1.1% (2024)
- Agricultural raw materials imports 0.6% (2024)
- Rural population 44.2% (2025)
- Rural population growth 0.1% (2025)
- Rural population 51.65 million (2025)
- Agriculture, forestry, and fishing, value added 8.6% (2025)
- Agriculture, forestry, and fishing, value added 41.85 billion current US$ (2025)
- Bananas — Production 5.64 million t (2024)
Frequently asked questions
- What is total credit — value standard local currency in Philippines?
- Total credit — value standard local currency in Philippines was 14.03 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 Philippines?
- The highest recorded value was 14.03 million million SLC in 2024.
- What is the lowest total credit — value standard local currency recorded in Philippines?
- The lowest recorded value was 1.75 million million SLC in 1999.
- How does Philippines rank for total credit — value standard local currency?
- Philippines ranks 28th out of 174 countries with data for 2024.
- Is total credit — value standard local currency rising or falling in Philippines?
- Over the last ten years it is up 206.6%. The long-run trend across the full record is volatile.
- Where does this Philippines 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 — 26 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.