Total Credit — Value US$ in Philippines

Philippines: Total Credit — Value US$ was 244,837 million USD in 2024. ◆ Volatile

Latest (2024)
244,837 million USD
Change on year
up 28.3%
World rank
35th
of 178 countries
All-time high
244,837 million USD
in 2024
All-time low
35,538 million USD
in 2001
Years of data
26
1999–2024

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

50.0k100.0k150.0k200.0k250.0k1999201120241999: 44.8k million USD2000: 40.8k million USD2001: 35.5k million USD2002: 36.0k million USD2003: 36.6k million USD2004: 36.2k million USD2005: 39.1k million USD2006: 47.3k million USD2007: 56.4k million USD2008: 66.0k million USD2009: 66.7k million USD2010: 62.6k million USD2011: 86.9k million USD2012: 100.1k million USD2013: 108.4k million USD2014: 103.1k million USD2015: 113.1k million USD2016: 125.7k million USD2017: 138.8k million USD2018: 152.8k million USD2019: 168.0k million USD2020: 173.7k million USD2021: 184.9k million USD2022: 183.9k million USD2023: 190.8k million USD2024: 244.8k 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 Philippines is 244,837 million USD, measured in 2024. That is the highest value across all 26 years on record.

That represents a change of up 28.3% on the previous year and up 137.6% over ten years.

Over the whole period, total credit — value us$ in Philippines peaked at 244,837 million USD in 2024 and was at its lowest, 35,538 million USD, in 2001.

Philippines ranks 35th of 178 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 44,836 million USD 44,836 million USD 44,836 million USD 1
2000s 46,066 million USD 35,538 million USD 66,694 million USD 10
2010s 115,948 million USD 62,635 million USD 168,034 million USD 10
2020s 195,629 million USD 173,703 million USD 244,837 million USD 5

Countries ranked near Philippines

  1. 32 Poland 309,674 million USD compare
  2. 33 Belgium 284,823 million USD compare
  3. 34 Iran (Islamic Republic of) 248,392 million USD compare
  4. 36 Portugal 236,581 million USD compare
  5. 37 Kuwait 213,649 million USD compare
  6. 38 Czechia 197,670 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$ in Philippines?
Total credit — value us$ in Philippines was 244,837 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest total credit — value us$ recorded in Philippines?
The highest recorded value was 244,837 million USD in 2024.
What is the lowest total credit — value us$ recorded in Philippines?
The lowest recorded value was 35,538 million USD in 2001.
How does Philippines rank for total credit — value us$?
Philippines ranks 35th out of 178 countries with data for 2024.
Is total credit — value us$ rising or falling in Philippines?
Over the last ten years it is up 137.6%. The long-run trend across the full record is volatile.
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$. 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$
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.