Total Credit — Value US$ in Western Africa
Western Africa: Total Credit — Value US$ was 188,049 million USD in 2024. ▲ Rising
Total Credit — Value US$ in Western Africa, 2010–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, total credit — value us$ in Western Africa stood at 188,049 million USD.
That represents a change of down 11.5% on the previous year and up 35.7% over ten years.
Over the whole period, total credit — value us$ in Western Africa peaked at 212,475 million USD in 2023 and was at its lowest, 82,700 million USD, in 2010.
Western Africa ranks 24th of 29 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Total Credit — Value US$ in Western Africa, year by year
| Year | million USD | Change |
|---|---|---|
| 2010 | 82,700 million USD | — |
| 2011 | 85,933 million USD | +3.9% |
| 2012 | 93,319 million USD | +8.6% |
| 2013 | 120,744 million USD | +29.4% |
| 2014 | 138,581 million USD | +14.8% |
| 2015 | 130,990 million USD | -5.5% |
| 2016 | 137,728 million USD | +5.1% |
| 2017 | 140,536 million USD | +2.0% |
| 2018 | 159,046 million USD | +13.2% |
| 2019 | 175,986 million USD | +10.7% |
| 2020 | 167,390 million USD | -4.9% |
| 2021 | 172,247 million USD | +2.9% |
| 2022 | 192,169 million USD | +11.6% |
| 2023 | 212,475 million USD | +10.6% |
| 2024 | 188,049 million USD | -11.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 126,556 million USD | 82,700 million USD | 175,986 million USD | 10 |
| 2020s | 186,466 million USD | 167,390 million USD | 212,475 million USD | 5 |
Countries ranked near Western Africa
- 21 Thailand 514,569 million USD compare
- 22 United Arab Emirates 503,388 million USD compare
- 23 Canada 479,748 million USD compare
- 24 Malaysia 479,560 million USD compare
- 25 Indonesia 478,896 million USD compare
- 26 Brazil 463,276 million USD compare
- 27 Israel 432,764 million USD compare
- 27 Caribbean 73,609 million USD compare
More agriculture & rural data for Western Africa
- Chickens — Stocks, annual growth rate 7.03 % change on previous year (2024)
- Edible offal of sheep, fresh, chilled or frozen — Production, annual 2.63 % change on previous year (2024)
- Edible offal of goat, fresh, chilled or frozen — Producing 1.5 % change on previous year (2024)
- Edible offal of goat, fresh, chilled or frozen — Production, annual -0.8776 % change on previous year (2024)
- Edible offal of cattle, fresh, chilled or frozen — Producing 0.7857 % change on previous year (2024)
- Edible offal of cattle, fresh, chilled or frozen — Production, annual -0.8483 % change on previous year (2024)
- Cattle fat, unrendered — Production, annual growth rate -0.715 % change on previous year (2024)
- Vegetables Primary — Gross Production Value (constant 2014-2016) -2.77 % change on previous year (2024)
- Cattle — Stocks, annual growth rate 1.71 % change on previous year (2024)
- Edible offal of sheep, fresh, chilled or frozen — Producing -2.05 % change on previous year (2024)
Frequently asked questions
- What is total credit — value us$ in Western Africa?
- Total credit — value us$ in Western Africa was 188,049 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value us$ recorded in Western Africa?
- The highest recorded value was 212,475 million USD in 2023.
- What is the lowest total credit — value us$ recorded in Western Africa?
- The lowest recorded value was 82,700 million USD in 2010.
- How does Western Africa rank for total credit — value us$?
- Western Africa ranks 24th out of 29 groups with data for 2024.
- Is total credit — value us$ rising or falling in Western Africa?
- Over the last ten years it is up 35.7%. The long-run trend across the full record is rising.
- Where does this Western 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.