Total Credit — Value Standard Local Currency in Spain

Spain: Total Credit — Value Standard Local Currency was 1.20 million million SLC in 2024. ◆ Volatile

Latest (2024)
1.20 million million SLC
Change on year
up 0.3%
World rank
65th
of 165 countries
All-time high
1.89 million million SLC
in 2008
All-time low
244,517 million SLC
in 1991
Years of data
34
1991–2024

Total Credit — Value Standard Local Currency in Spain, 1991–2024

0500.0k1.0M1.5M2.0M1991200720241991: 244.5k million SLC1992: 261.4k million SLC1993: 264.5k million SLC1994: 273.0k million SLC1995: 289.8k million SLC1996: 311.9k million SLC1997: 354.7k million SLC1998: 418.4k million SLC1999: 480.8k million SLC2000: 562.8k million SLC2001: 628.6k million SLC2002: 705.5k million SLC2003: 806.2k million SLC2004: 949.8k million SLC2005: 1.2M million SLC2006: 1.5M million SLC2007: 1.8M million SLC2008: 1.9M million SLC2009: 1.9M million SLC2010: 1.9M million SLC2011: 1.8M million SLC2012: 1.7M million SLC2013: 1.5M million SLC2014: 1.5M million SLC2015: 1.4M million SLC2016: 1.3M million SLC2017: 1.3M million SLC2018: 1.2M million SLC2019: 1.2M million SLC2020: 1.3M million SLC2021: 1.2M million SLC2022: 1.2M million SLC2023: 1.2M million SLC2024: 1.2M million SLC

Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.

Analysis

In 2024, total credit — value standard local currency in Spain stood at 1.20 million million SLC.

That represents a change of up 0.3% on the previous year and down 17.5% over ten years.

Over the whole period, total credit — value standard local currency in Spain peaked at 1.89 million million SLC in 2008 and was at its lowest, 244,517 million SLC, in 1991.

Spain ranks 65th of 165 countries on this measure, 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 Spain, year by year

Annual values for Total Credit — Value Standard Local Currency in Spain, 1991 to 2024.
Year million SLC Change
1991 244,517 million SLC —
1992 261,364 million SLC +6.9%
1993 264,501 million SLC +1.2%
1994 273,022 million SLC +3.2%
1995 289,828 million SLC +6.2%
1996 311,851 million SLC +7.6%
1997 354,691 million SLC +13.7%
1998 418,372 million SLC +18.0%
1999 480,762 million SLC +14.9%
2000 562,811 million SLC +17.1%
2001 628,619 million SLC +11.7%
2002 705,507 million SLC +12.2%
2003 806,210 million SLC +14.3%
2004 949,781 million SLC +17.8%
2005 1.21 million million SLC +27.1%
2006 1.51 million million SLC +25.4%
2007 1.77 million million SLC +16.7%
2008 1.89 million million SLC +6.9%
2009 1.87 million million SLC -0.9%
2010 1.89 million million SLC +0.8%
2011 1.83 million million SLC -2.8%
2012 1.68 million million SLC -8.4%
2013 1.54 million million SLC -8.3%
2014 1.46 million million SLC -5.2%
2015 1.39 million million SLC -4.8%
2016 1.33 million million SLC -4.3%
2017 1.30 million million SLC -2.6%
2018 1.24 million million SLC -4.4%
2019 1.22 million million SLC -1.6%
2020 1.25 million million SLC +2.7%
2021 1.25 million million SLC -0.2%
2022 1.24 million million SLC -0.7%
2023 1.20 million million SLC -3.1%
2024 1.20 million million SLC +0.3%

Spain compared with similar countries

  • Spain's 1.20 million million SLC is above the median for high income countries, which is 263,838 million SLC, 4.6× the median. (52 countries reporting)
  • Spain's 1.20 million million SLC is above the median for Europe & Central Asia, which is 367,788 million SLC, 3.3× the median. (42 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 322,101 million SLC 244,517 million SLC 480,762 million SLC 9
2000s 1.19 million million SLC 562,811 million SLC 1.89 million million SLC 10
2010s 1.49 million million SLC 1.22 million million SLC 1.89 million million SLC 10
2020s 1.23 million million SLC 1.20 million million SLC 1.25 million million SLC 5

Countries ranked near Spain

  1. 62 France 1.37 million million SLC compare
  2. 63 Jamaica 1.35 million million SLC compare
  3. 64 Poland 1.23 million million SLC compare
  4. 66 Morocco 1.16 million million SLC compare
  5. 67 Australia 1.16 million million SLC compare
  6. 68 Togo 1.03 million million SLC compare

See the full ranking of 177 places →

More agriculture & rural data for Spain

All data for Spain →

Frequently asked questions

What is total credit — value standard local currency in Spain?
Total credit — value standard local currency in Spain was 1.20 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 Spain?
The highest recorded value was 1.89 million million SLC in 2008.
What is the lowest total credit — value standard local currency recorded in Spain?
The lowest recorded value was 244,517 million SLC in 1991.
How does Spain rank for total credit — value standard local currency?
Spain ranks 65th out of 165 countries with data for 2024.
Is total credit — value standard local currency rising or falling in Spain?
Over the last ten years it is down 17.5%. The long-run trend across the full record is volatile.
Where does this Spain 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.

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Total Credit — Value Standard Local Currency in Spain. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 27 September 2026, from https://agriculture.statizoid.com/stat/total-credit-value-standard-local-currency/spain/

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About this data

Indicator
Total Credit — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
177 places, 4,557 data points, 1991–2024
Last refreshed

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.