Total Credit — Value Standard Local Currency in South Africa
South Africa: Total Credit — Value Standard Local Currency was 6.70 million million SLC in 2024. ◆ Volatile
Total Credit — Value Standard Local Currency in South Africa, 1992–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
South Africa recorded 6.70 million million SLC for total credit — value standard local currency in 2024. That is the highest value across all 33 years on record.
Compared with earlier readings it is up 6.1% on the previous year and up 25.8% over ten years.
Over the whole period, total credit — value standard local currency in South Africa peaked at 6.70 million million SLC in 2024 and was at its lowest, 372,187 million SLC, in 1992.
South Africa ranks 33rd 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 South Africa, year by year
| Year | million SLC | Change |
|---|---|---|
| 1992 | 372,187 million SLC | — |
| 1993 | 460,929 million SLC | +23.8% |
| 1994 | 550,863 million SLC | +19.5% |
| 1995 | 654,090 million SLC | +18.7% |
| 1996 | 740,711 million SLC | +13.2% |
| 1997 | 797,063 million SLC | +7.6% |
| 1998 | 877,186 million SLC | +10.1% |
| 1999 | 1.09 million million SLC | +24.7% |
| 2000 | 1.23 million million SLC | +12.7% |
| 2001 | 1.41 million million SLC | +14.5% |
| 2002 | 1.32 million million SLC | -6.2% |
| 2003 | 1.53 million million SLC | +15.7% |
| 2004 | 1.86 million million SLC | +21.7% |
| 2005 | 2.25 million million SLC | +20.5% |
| 2006 | 2.86 million million SLC | +27.3% |
| 2007 | 3.34 million million SLC | +16.8% |
| 2008 | 3.29 million million SLC | -1.6% |
| 2009 | 3.38 million million SLC | +2.9% |
| 2010 | 3.79 million million SLC | +12.1% |
| 2011 | 3.96 million million SLC | +4.4% |
| 2012 | 4.46 million million SLC | +12.8% |
| 2013 | 4.91 million million SLC | +10.1% |
| 2014 | 5.33 million million SLC | +8.4% |
| 2015 | 5.62 million million SLC | +5.6% |
| 2016 | 5.92 million million SLC | +5.3% |
| 2017 | 6.45 million million SLC | +9.0% |
| 2018 | 6.35 million million SLC | -1.6% |
| 2019 | 6.59 million million SLC | +3.8% |
| 2020 | 6.07 million million SLC | -7.9% |
| 2021 | 5.77 million million SLC | -4.9% |
| 2022 | 6.08 million million SLC | +5.3% |
| 2023 | 6.31 million million SLC | +3.8% |
| 2024 | 6.70 million million SLC | +6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 693,370 million SLC | 372,187 million SLC | 1.09 million million SLC | 8 |
| 2000s | 2.25 million million SLC | 1.23 million million SLC | 3.38 million million SLC | 10 |
| 2010s | 5.34 million million SLC | 3.79 million million SLC | 6.59 million million SLC | 10 |
| 2020s | 6.19 million million SLC | 5.77 million million SLC | 6.70 million million SLC | 5 |
Countries ranked near South Africa
More agriculture & rural data for South Africa
- Agriculture, forestry, and fishing, value added (current US$), annual 7.11 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0283 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 186.56 current US$ per person (2025)
- Rural population, annual growth rate 0.812 % change on previous year (2025)
- Rural population, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Rural population, per capita 0.3618 units per person (2025)
- Share of GDP from agriculture 2.8% (2025)
- Agriculture as a share of GDP vs. GDP per capita 2.8% (2025)
- Agricultural raw materials exports 2.0% (2025)
- Agricultural raw materials imports 1.0% (2025)
Frequently asked questions
- What is total credit — value standard local currency in South Africa?
- Total credit — value standard local currency in South Africa was 6.70 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 South Africa?
- The highest recorded value was 6.70 million million SLC in 2024.
- What is the lowest total credit — value standard local currency recorded in South Africa?
- The lowest recorded value was 372,187 million SLC in 1992.
- How does South Africa rank for total credit — value standard local currency?
- South Africa ranks 33rd out of 165 countries with data for 2024.
- Is total credit — value standard local currency rising or falling in South Africa?
- Over the last ten years it is up 25.8%. The long-run trend across the full record is volatile.
- Where does this South Africa 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 — 33 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.