Total Credit — Value US$ in Latvia

Latvia: Total Credit — Value US$ was 13,115 million USD in 2024. ▼ Falling

Latest (2024)
13,115 million USD
Change on year
up 8.2%
World rank
93rd
of 178 countries
All-time high
22,688 million USD
in 2010
All-time low
11,593 million USD
in 2020
Years of data
15
2010–2024

Total Credit — Value US$ in Latvia, 2010–2024

05.0k10.0k15.0k20.0k25.0k2010201720242010: 22.7k million USD2011: 22.2k million USD2012: 18.2k million USD2013: 17.6k million USD2014: 16.1k million USD2015: 13.2k million USD2016: 13.1k million USD2017: 12.8k million USD2018: 12.6k million USD2019: 11.8k million USD2020: 11.6k million USD2021: 12.4k million USD2022: 11.8k million USD2023: 12.1k million USD2024: 13.1k 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$ in Latvia is 13,115 million USD, measured in 2024.

The figure is up 8.2% on the previous year and down 18.6% over ten years.

Over the whole period, total credit — value us$ in Latvia peaked at 22,688 million USD in 2010 and was at its lowest, 11,593 million USD, in 2020.

Latvia ranks 93rd of 178 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 16,038 million USD 11,823 million USD 22,688 million USD 10
2020s 12,202 million USD 11,593 million USD 13,115 million USD 5

Countries ranked near Latvia

  1. 90 Armenia 16,170 million USD compare
  2. 91 Malta 15,377 million USD compare
  3. 92 Trinidad and Tobago 14,174 million USD compare
  4. 94 United Republic of Tanzania 12,905 million USD compare
  5. 95 Estonia 11,910 million USD compare
  6. 96 Melanesia 11,183 million USD compare

See the full ranking of 210 places →

More agriculture & rural data for Latvia

All data for Latvia →

Frequently asked questions

What is total credit — value us$ in Latvia?
Total credit — value us$ in Latvia was 13,115 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest total credit — value us$ recorded in Latvia?
The highest recorded value was 22,688 million USD in 2010.
What is the lowest total credit — value us$ recorded in Latvia?
The lowest recorded value was 11,593 million USD in 2020.
How does Latvia rank for total credit — value us$?
Latvia ranks 93rd out of 178 countries with data for 2024.
Is total credit — value us$ rising or falling in Latvia?
Over the last ten years it is down 18.6%. The long-run trend across the full record is falling.
Where does this Latvia 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

Indicator
Total Credit — Value US$
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.