Total Credit — Value US$, 2015 prices in Philippines

Philippines: Total Credit — Value US$, 2015 prices was 241,114 million USD in 2024. ▲ Rising

Latest (2024)
241,114 million USD
Change on year
up 28.4%
World rank
33rd
of 178 countries
All-time high
241,114 million USD
in 2024
All-time low
65,172 million USD
in 2002
Years of data
26
1999–2024

Total Credit — Value US$, 2015 prices in Philippines, 1999–2024

50.0k100.0k150.0k200.0k250.0k1999201120241999: 71.6k million USD2000: 69.7k million USD2001: 66.3k million USD2002: 65.2k million USD2003: 67.4k million USD2004: 65.2k million USD2005: 65.3k million USD2006: 70.0k million USD2007: 72.7k million USD2008: 76.3k million USD2009: 80.7k million USD2010: 68.7k million USD2011: 88.0k million USD2012: 97.0k million USD2013: 103.5k million USD2014: 99.8k million USD2015: 113.1k million USD2016: 129.5k million USD2017: 148.3k million USD2018: 164.5k million USD2019: 176.7k million USD2020: 172.1k million USD2021: 177.9k million USD2022: 185.4k million USD2023: 187.8k million USD2024: 241.1k million USD

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 Philippines is 241,114 million USD, measured in 2024. That is the highest value across all 26 years on record.

The figure is up 28.4% on the previous year and up 141.6% over ten years.

Over the whole period, total credit — value us$, 2015 prices in Philippines peaked at 241,114 million USD in 2024 and was at its lowest, 65,172 million USD, in 2002.

That places Philippines 33rd out of 178 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently rising across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 71,621 million USD 71,621 million USD 71,621 million USD 1
2000s 69,875 million USD 65,172 million USD 80,726 million USD 10
2010s 118,922 million USD 68,723 million USD 176,685 million USD 10
2020s 192,870 million USD 172,147 million USD 241,114 million USD 5

Countries ranked near Philippines

  1. 30 Chile 294,944 million USD compare
  2. 31 Mexico 253,866 million USD compare
  3. 32 Iran (Islamic Republic of) 241,946 million USD compare
  4. 34 Belgium 237,757 million USD compare
  5. 35 Poland 221,606 million USD compare
  6. 36 Portugal 187,986 million USD compare

See the full ranking of 210 places →

More agriculture & rural data for Philippines

All data for Philippines →

Frequently asked questions

What is total credit — value us$, 2015 prices in Philippines?
Total credit — value us$, 2015 prices in Philippines was 241,114 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest total credit — value us$, 2015 prices recorded in Philippines?
The highest recorded value was 241,114 million USD in 2024.
What is the lowest total credit — value us$, 2015 prices recorded in Philippines?
The lowest recorded value was 65,172 million USD in 2002.
How does Philippines rank for total credit — value us$, 2015 prices?
Philippines ranks 33rd out of 178 countries with data for 2024.
Is total credit — value us$, 2015 prices rising or falling in Philippines?
Over the last ten years it is up 141.6%. The long-run trend across the full record is rising.
Where does this Philippines 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.

Download this data

CSV · JSON — 26 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Total Credit — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
210 places, 5,166 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.