Total Credit — Value Standard Local Currency in Vanuatu
Vanuatu: Total Credit — Value Standard Local Currency was 71,532 million SLC in 2024. ▲ Rising
Total Credit — Value Standard Local Currency in Vanuatu, 2002–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, total credit — value standard local currency in Vanuatu stood at 71,532 million SLC. That is the highest value across all 23 years on record.
That represents a change of up 7.1% on the previous year and up 29.0% over ten years.
Over the whole period, total credit — value standard local currency in Vanuatu peaked at 71,532 million SLC in 2024 and was at its lowest, 13,120 million SLC, in 2002.
Vanuatu ranks 110th of 165 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Total Credit — Value Standard Local Currency in Vanuatu, year by year
| Year | million SLC | Change |
|---|---|---|
| 2002 | 13,120 million SLC | — |
| 2003 | 14,580 million SLC | +11.1% |
| 2004 | 16,047 million SLC | +10.1% |
| 2005 | 18,677 million SLC | +16.4% |
| 2006 | 20,649 million SLC | +10.6% |
| 2007 | 23,366 million SLC | +13.2% |
| 2008 | 33,592 million SLC | +43.8% |
| 2009 | 41,790 million SLC | +24.4% |
| 2010 | 44,544 million SLC | +6.6% |
| 2011 | 48,604 million SLC | +9.1% |
| 2012 | 51,578 million SLC | +6.1% |
| 2013 | 52,809 million SLC | +2.4% |
| 2014 | 55,430 million SLC | +5.0% |
| 2015 | 56,631 million SLC | +2.2% |
| 2016 | 56,797 million SLC | +0.3% |
| 2017 | 60,041 million SLC | +5.7% |
| 2018 | 61,700 million SLC | +2.8% |
| 2019 | 61,060 million SLC | -1.0% |
| 2020 | 60,383 million SLC | -1.1% |
| 2021 | 61,336 million SLC | +1.6% |
| 2022 | 64,314 million SLC | +4.9% |
| 2023 | 66,804 million SLC | +3.9% |
| 2024 | 71,532 million SLC | +7.1% |
Vanuatu compared with similar countries
- Vanuatu's 71,532 million SLC is below the median for lower middle income countries, which is 487,892 million SLC, 15% of the median. (38 countries reporting)
- Vanuatu's 71,532 million SLC is below the median for East Asia & Pacific, which is 1.16 million million SLC, 6% of the median. (17 countries reporting)
Biggest year-on-year movements
Years where Total Credit — Value Standard Local Currency in Vanuatu changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +43.8% | 23,366 million SLC | 33,592 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22,728 million SLC | 13,120 million SLC | 41,790 million SLC | 8 |
| 2010s | 54,919 million SLC | 44,544 million SLC | 61,700 million SLC | 10 |
| 2020s | 64,874 million SLC | 60,383 million SLC | 71,532 million SLC | 5 |
Countries ranked near Vanuatu
More agriculture & rural data for Vanuatu
- Agriculture, forestry, and fishing, value added (current US$), annual 13.88 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current US$), per 0.2663 current US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current US$), per 1,054 current US$ per person (2024)
- Rural population, annual growth rate 2.21 % change on previous year (2025)
- Rural population, per unit of GDP 0.0002 units per US$ of GDP (2025)
- Rural population, per capita 0.7768 units per person (2025)
- Share of GDP from agriculture 26.6% (2024)
- Agriculture as a share of GDP vs. GDP per capita 26.6% (2024)
- Agricultural raw materials exports 2.8% (2011)
- Agricultural raw materials imports 1.3% (2011)
Frequently asked questions
- What is total credit — value standard local currency in Vanuatu?
- Total credit — value standard local currency in Vanuatu was 71,532 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 Vanuatu?
- The highest recorded value was 71,532 million SLC in 2024.
- What is the lowest total credit — value standard local currency recorded in Vanuatu?
- The lowest recorded value was 13,120 million SLC in 2002.
- How does Vanuatu rank for total credit — value standard local currency?
- Vanuatu ranks 110th out of 165 countries with data for 2024.
- Is total credit — value standard local currency rising or falling in Vanuatu?
- Over the last ten years it is up 29.0%. The long-run trend across the full record is rising.
- Where does this Vanuatu 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 — 23 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.