Total Credit — Value US$, 2015 prices in European Union (27)
European Union (27): Total Credit — Value US$, 2015 prices was 8.43 million million USD in 2024. ▲ Rising
Total Credit — Value US$, 2015 prices in European Union (27), 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for total credit — value us$, 2015 prices in European Union (27) is 8.43 million million USD, measured in 2024.
The figure is up 0.8% on the previous year and up 6.3% over ten years.
Over the whole period, total credit — value us$, 2015 prices in European Union (27) peaked at 9.00 million million USD in 2020 and was at its lowest, 2.81 million million USD, in 1999.
That places European Union (27) 7th out of 29 groups with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Total Credit — Value US$, 2015 prices in European Union (27), year by year
| Year | million USD | Change |
|---|---|---|
| 1991 | 3.32 million million USD | — |
| 1992 | 3.38 million million USD | +1.9% |
| 1993 | 3.44 million million USD | +1.7% |
| 1994 | 3.44 million million USD | +0.1% |
| 1995 | 3.53 million million USD | +2.5% |
| 1996 | 3.76 million million USD | +6.6% |
| 1997 | 4.00 million million USD | +6.5% |
| 1998 | 4.29 million million USD | +7.1% |
| 1999 | 2.81 million million USD | -34.6% |
| 2000 | 3.61 million million USD | +28.5% |
| 2001 | 4.97 million million USD | +37.6% |
| 2002 | 4.98 million million USD | +0.2% |
| 2003 | 5.19 million million USD | +4.3% |
| 2004 | 5.45 million million USD | +5.0% |
| 2005 | 5.93 million million USD | +8.8% |
| 2006 | 6.56 million million USD | +10.5% |
| 2007 | 7.23 million million USD | +10.3% |
| 2008 | 7.85 million million USD | +8.6% |
| 2009 | 7.75 million million USD | -1.3% |
| 2010 | 7.86 million million USD | +1.5% |
| 2011 | 7.90 million million USD | +0.5% |
| 2012 | 8.54 million million USD | +8.1% |
| 2013 | 8.10 million million USD | -5.2% |
| 2014 | 7.93 million million USD | -2.1% |
| 2015 | 7.83 million million USD | -1.3% |
| 2016 | 7.80 million million USD | -0.4% |
| 2017 | 7.80 million million USD | -0.0% |
| 2018 | 7.79 million million USD | -0.1% |
| 2019 | 8.66 million million USD | +11.2% |
| 2020 | 9.00 million million USD | +4.0% |
| 2021 | 8.93 million million USD | -0.8% |
| 2022 | 8.83 million million USD | -1.1% |
| 2023 | 8.37 million million USD | -5.3% |
| 2024 | 8.43 million million USD | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.55 million million USD | 2.81 million million USD | 4.29 million million USD | 9 |
| 2000s | 5.95 million million USD | 3.61 million million USD | 7.85 million million USD | 10 |
| 2010s | 8.02 million million USD | 7.79 million million USD | 8.66 million million USD | 10 |
| 2020s | 8.71 million million USD | 8.37 million million USD | 9.00 million million USD | 5 |
Countries ranked near European Union (27)
- 4 Germany 1.62 million million USD compare
- 5 Republic of Korea 1.50 million million USD compare
- 6 Switzerland 1.37 million million USD compare
- 7 Austria 1.29 million million USD compare
- 8 France 1.27 million million USD compare
- 9 Australia and New Zealand 1.14 million million USD compare
- 10 Spain 1.08 million million USD compare
More agriculture & rural data for European Union (27)
- Meat of pig with the bone, fresh or chilled — Yield/Carcass Weight 1.06 % change on previous year (2024)
- Meat of pig with the bone, fresh or chilled — Production, annual 2.05 % change on previous year (2024)
- Meat of pig with the bone, fresh or chilled — Producing 0.8882 % change on previous year (2024)
- Swine / pigs — Stocks, annual growth rate -0.5352 % change on previous year (2024)
- Tomatoes — Area harvested, annual growth rate 5.31 % change on previous year (2024)
- Tomatoes — Yield, annual growth rate 0.3446 % change on previous year (2024)
- Tomatoes — Production, annual growth rate 5.67 % change on previous year (2024)
- Pulses, Total — Yield 2,075 kg/ha (2024)
- Sheep and Goat Meat — Production 490,870 t (2024)
- Sheep and Goat Meat — Yield/Carcass Weight 14 kg/An (2024)
Frequently asked questions
- What is total credit — value us$, 2015 prices in European Union (27)?
- Total credit — value us$, 2015 prices in European Union (27) was 8.43 million million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value us$, 2015 prices recorded in European Union (27)?
- The highest recorded value was 9.00 million million USD in 2020.
- What is the lowest total credit — value us$, 2015 prices recorded in European Union (27)?
- The lowest recorded value was 2.81 million million USD in 1999.
- How does European Union (27) rank for total credit — value us$, 2015 prices?
- European Union (27) ranks 7th out of 29 groups with data for 2024.
- Is total credit — value us$, 2015 prices rising or falling in European Union (27)?
- Over the last ten years it is up 6.3%. The long-run trend across the full record is rising.
- Where does this European Union (27) data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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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.