Total Credit — Value US$ in Africa
Africa: Total Credit — Value US$ was 974,916 million USD in 2024. ▲ Rising
Total Credit — Value US$ in Africa, 2010–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, total credit — value us$ in Africa stood at 974,916 million USD.
Compared with earlier readings it is down 1.0% on the previous year and down 3.2% over ten years.
Over the whole period, total credit — value us$ in Africa peaked at 1.01 million million USD in 2019 and was at its lowest, 873,846 million USD, in 2010.
Africa ranks 19th of 32 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 958,807 million USD | 873,846 million USD | 1.01 million million USD | 10 |
| 2020s | 980,937 million USD | 944,839 million USD | 1.00 million million USD | 5 |
Countries ranked near Africa
More agriculture & rural data for Africa
- Tomatoes — Production 26.38 million t (2024)
- Bananas — Production 31.26 million t (2024)
- Meat of pig with the bone, fresh or chilled — Producing 47.50 million An (2024)
- Meat of pig with the bone, fresh or chilled — Production 2.37 million t (2024)
- Meat of pig with the bone, fresh or chilled — Yield/Carcass Weight 50 kg/An (2024)
- Bananas — Area harvested 2.29 million ha (2024)
- Unmanufactured tobacco — Production 706,446 t (2024)
- Tomatoes — Area harvested 1.67 million ha (2024)
- Tomatoes — Yield 15,779 kg/ha (2024)
- Unmanufactured tobacco — Area harvested 613,627 ha (2024)
Frequently asked questions
- What is total credit — value us$ in Africa?
- Total credit — value us$ in Africa was 974,916 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value us$ recorded in Africa?
- The highest recorded value was 1.01 million million USD in 2019.
- What is the lowest total credit — value us$ recorded in Africa?
- The lowest recorded value was 873,846 million USD in 2010.
- How does Africa rank for total credit — value us$?
- Africa ranks 19th out of 32 groups with data for 2024.
- Is total credit — value us$ rising or falling in Africa?
- Over the last ten years it is down 3.2%. The long-run trend across the full record is rising.
- Where does this Africa data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value US$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 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.