Total Credit — Value US$ in Libya
Libya: Total Credit — Value US$ was 6,374 million USD in 2024. ▼ Falling
Total Credit — Value US$ in Libya, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Libya recorded 6,374 million USD for total credit — value us$ in 2024.
That represents a change of up 21.4% on the previous year and down 42.5% over ten years.
Over the whole period, total credit — value us$ in Libya peaked at 11,084 million USD in 2014 and was at its lowest, 3,477 million USD, in 2003.
Libya ranks 103rd of 166 countries on this measure, 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$ in Libya, year by year
| Year | million USD | Change |
|---|---|---|
| 1991 | 9,781 million USD | — |
| 1992 | 10,481 million USD | +7.2% |
| 1993 | 10,628 million USD | +1.4% |
| 1994 | 9,973 million USD | -6.2% |
| 1995 | 9,205 million USD | -7.7% |
| 1996 | 7,410 million USD | -19.5% |
| 1997 | 7,309 million USD | -1.4% |
| 1998 | 7,344 million USD | +0.5% |
| 1999 | 8,057 million USD | +9.7% |
| 2000 | 7,874 million USD | -2.3% |
| 2001 | 6,681 million USD | -15.1% |
| 2002 | 3,839 million USD | -42.5% |
| 2003 | 3,477 million USD | -9.4% |
| 2004 | 3,634 million USD | +4.5% |
| 2005 | 3,607 million USD | -0.7% |
| 2006 | 3,610 million USD | +0.1% |
| 2007 | 4,187 million USD | +16.0% |
| 2008 | 6,329 million USD | +51.2% |
| 2009 | 6,797 million USD | +7.4% |
| 2010 | 6,980 million USD | +2.7% |
| 2011 | 6,831 million USD | -2.1% |
| 2012 | 8,642 million USD | +26.5% |
| 2013 | 10,351 million USD | +19.8% |
| 2014 | 11,084 million USD | +7.1% |
| 2015 | 10,484 million USD | -5.4% |
| 2016 | 9,425 million USD | -10.1% |
| 2017 | 9,932 million USD | +5.4% |
| 2018 | 9,852 million USD | -0.8% |
| 2019 | 10,131 million USD | +2.8% |
| 2020 | 10,230 million USD | +1.0% |
| 2021 | 3,888 million USD | -62.0% |
| 2022 | 4,635 million USD | +19.2% |
| 2023 | 5,252 million USD | +13.3% |
| 2024 | 6,374 million USD | +21.4% |
Libya compared with similar countries
- Libya's 6,374 million USD is below the median for upper middle income countries, which is 16,509 million USD, 39% of the median. (47 countries reporting)
- Libya's 6,374 million USD is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 37,835 million USD, 17% of the median. (20 countries reporting)
Biggest year-on-year movements
Years where Total Credit — Value US$ in Libya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | -62.0% | 10,230 million USD | 3,888 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8,910 million USD | 7,309 million USD | 10,628 million USD | 9 |
| 2000s | 5,004 million USD | 3,477 million USD | 7,874 million USD | 10 |
| 2010s | 9,371 million USD | 6,831 million USD | 11,084 million USD | 10 |
| 2020s | 6,076 million USD | 3,888 million USD | 10,230 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$ in Libya?
- Total credit — value us$ in Libya was 6,374 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value us$ recorded in Libya?
- The highest recorded value was 11,084 million USD in 2014.
- What is the lowest total credit — value us$ recorded in Libya?
- The lowest recorded value was 3,477 million USD in 2003.
- How does Libya rank for total credit — value us$?
- Libya ranks 103rd out of 166 countries with data for 2024.
- Is total credit — value us$ rising or falling in Libya?
- Over the last ten years it is down 42.5%. 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$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 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.