Total Credit — Value US$, 2015 prices in Libya
Libya: Total Credit — Value US$, 2015 prices was 5,521 million USD in 2024. ▼ Falling
Total Credit — Value US$, 2015 prices in Libya, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Libya recorded 5,521 million USD for total credit — value us$, 2015 prices in 2024.
Compared with earlier readings it is up 22.6% on the previous year and down 41.8% over ten years.
Over the whole period, total credit — value us$, 2015 prices in Libya peaked at 16,525 million USD in 1994 and was at its lowest, 3,674 million USD, in 2022.
That places Libya 103rd out of 166 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 34 years of available data.
Total Credit — Value US$, 2015 prices in Libya, year by year
| Year | million USD | Change |
|---|---|---|
| 1991 | 15,186 million USD | — |
| 1992 | 14,946 million USD | -1.6% |
| 1993 | 16,120 million USD | +7.9% |
| 1994 | 16,525 million USD | +2.5% |
| 1995 | 16,220 million USD | -1.8% |
| 1996 | 12,060 million USD | -25.6% |
| 1997 | 11,796 million USD | -2.2% |
| 1998 | 12,692 million USD | +7.6% |
| 1999 | 12,467 million USD | -1.8% |
| 2000 | 10,904 million USD | -12.5% |
| 2001 | 10,503 million USD | -3.7% |
| 2002 | 9,264 million USD | -11.8% |
| 2003 | 7,917 million USD | -14.5% |
| 2004 | 6,809 million USD | -14.0% |
| 2005 | 5,461 million USD | -19.8% |
| 2006 | 4,734 million USD | -13.3% |
| 2007 | 5,151 million USD | +8.8% |
| 2008 | 6,100 million USD | +18.4% |
| 2009 | 8,931 million USD | +46.4% |
| 2010 | 7,770 million USD | -13.0% |
| 2011 | 5,910 million USD | -23.9% |
| 2012 | 7,270 million USD | +23.0% |
| 2013 | 8,770 million USD | +20.6% |
| 2014 | 9,492 million USD | +8.2% |
| 2015 | 10,484 million USD | +10.5% |
| 2016 | 9,062 million USD | -13.6% |
| 2017 | 9,404 million USD | +3.8% |
| 2018 | 8,817 million USD | -6.2% |
| 2019 | 8,916 million USD | +1.1% |
| 2020 | 6,637 million USD | -25.6% |
| 2021 | 4,305 million USD | -35.1% |
| 2022 | 3,674 million USD | -14.7% |
| 2023 | 4,505 million USD | +22.6% |
| 2024 | 5,521 million USD | +22.6% |
Libya compared with similar countries
- Libya's 5,521 million USD is below the median for upper middle income countries, which is 10,445 million USD, 53% of the median. (47 countries reporting)
- Libya's 5,521 million USD is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 36,331 million USD, 15% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14,224 million USD | 11,796 million USD | 16,525 million USD | 9 |
| 2000s | 7,577 million USD | 4,734 million USD | 10,904 million USD | 10 |
| 2010s | 8,590 million USD | 5,910 million USD | 10,484 million USD | 10 |
| 2020s | 4,929 million USD | 3,674 million USD | 6,637 million USD | 5 |
Countries ranked near Libya
More agriculture & rural data for Libya
- Agriculture, forestry, and fishing, value added (current US$), annual -37.76 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.015 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 96.79 current US$ per person (2025)
- Rural population, annual growth rate 0.835 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.1209 units per person (2025)
- Share of GDP from agriculture 1.5% (2025)
- Agriculture as a share of GDP vs. GDP per capita 1.5% (2025)
- Agricultural raw materials exports 0.0% (2019)
- Agricultural raw materials imports 0.4% (2019)
Frequently asked questions
- What is total credit — value us$, 2015 prices in Libya?
- Total credit — value us$, 2015 prices in Libya was 5,521 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value us$, 2015 prices recorded in Libya?
- The highest recorded value was 16,525 million USD in 1994.
- What is the lowest total credit — value us$, 2015 prices recorded in Libya?
- The lowest recorded value was 3,674 million USD in 2022.
- How does Libya rank for total credit — value us$, 2015 prices?
- Libya ranks 103rd out of 166 countries with data for 2024.
- Is total credit — value us$, 2015 prices rising or falling in Libya?
- Over the last ten years it is down 41.8%. The long-run trend across the full record is falling.
- Where does this Libya 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.