Credit to Agriculture, Forestry and Fishing — Agriculture orientation in Armenia

Armenia: Credit to Agriculture, Forestry and Fishing — Agriculture orientation was 0.6432 in 2024. ▼ Falling

Latest (2024)
0.6432
Change on year
up 0.5%
World rank
49th
of 118 countries
All-time high
0.8747
in 2000
All-time low
0.38
in 2018
Years of data
25
2000–2024

Credit to Agriculture, Forestry and Fishing — Agriculture orientation in Armenia, 2000–2024

00.20.40.60.82000201220242000: 0.8752001: 0.8472002: 0.7672003: 0.8082004: 0.4092005: 0.4022006: 0.4472007: 0.4022008: 0.4522009: 0.3922010: 0.4472011: 0.4322012: 0.4312013: 0.4372014: 0.452015: 0.4232016: 0.4012017: 0.3892018: 0.382019: 0.4112020: 0.4232021: 0.542022: 0.612023: 0.642024: 0.643

Source: Food and Agriculture Organization of the United Nations.

Analysis

Armenia recorded 0.6432 for credit to agriculture, forestry and fishing — agriculture orientation in 2024.

Compared with earlier readings it is up 0.5% on the previous year and up 42.8% over ten years.

Over the whole period, credit to agriculture, forestry and fishing — agriculture orientation in Armenia peaked at 0.8747 in 2000 and was at its lowest, 0.38, in 2018.

That places Armenia 49th out of 118 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 25 years of available data.

Credit to Agriculture, Forestry and Fishing — Agriculture orientation in Armenia, year by year

Annual values for Credit to Agriculture, Forestry and Fishing — Agriculture orientation index US$, 2015 prices in Armenia, 2000 to 2024.
Year Value Change
2000 0.8747
2001 0.8466 -3.2%
2002 0.7667 -9.4%
2003 0.8079 +5.4%
2004 0.4093 -49.3%
2005 0.4022 -1.7%
2006 0.4467 +11.1%
2007 0.4016 -10.1%
2008 0.4522 +12.6%
2009 0.3923 -13.2%
2010 0.4465 +13.8%
2011 0.4324 -3.2%
2012 0.4307 -0.4%
2013 0.437 +1.5%
2014 0.4505 +3.1%
2015 0.423 -6.1%
2016 0.4005 -5.3%
2017 0.3889 -2.9%
2018 0.38 -2.3%
2019 0.4109 +8.1%
2020 0.423 +2.9%
2021 0.5398 +27.6%
2022 0.6096 +12.9%
2023 0.6401 +5.0%
2024 0.6432 +0.5%

Armenia compared with similar countries

  • Armenia's 0.6432 is above the median for upper middle income countries, which is 0.5098, 1.3× the median. (34 countries reporting)
  • Armenia's 0.6432 is below the median for Europe & Central Asia, which is 0.8722, 74% of the median. (27 countries reporting)

Biggest year-on-year movements

Years where Credit to Agriculture, Forestry and Fishing — Agriculture orientation in Armenia 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.

YearChange FromTo
2004 -49.3% 0.8079 0.4093

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.58 0.3923 0.8747 10
2010s 0.42 0.38 0.4505 10
2020s 0.5712 0.423 0.6432 5

Countries ranked near Armenia

  1. 46 Greece 0.7062 compare
  2. 47 Suriname 0.6636 compare
  3. 48 Kazakhstan 0.6603 compare
  4. 50 Aruba 0.6399 compare
  5. 51 Belarus 0.6294 compare
  6. 52 Indonesia 0.6155 compare

See the full ranking of 130 places →

More environment data for Armenia

All data for Armenia →

Frequently asked questions

What is credit to agriculture, forestry and fishing — agriculture orientation in Armenia?
Credit to agriculture, forestry and fishing — agriculture orientation in Armenia was 0.6432 in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest credit to agriculture, forestry and fishing — agriculture orientation recorded in Armenia?
The highest recorded value was 0.8747 in 2000.
What is the lowest credit to agriculture, forestry and fishing — agriculture orientation recorded in Armenia?
The lowest recorded value was 0.38 in 2018.
How does Armenia rank for credit to agriculture, forestry and fishing — agriculture orientation?
Armenia ranks 49th out of 118 countries with data for 2024.
Is credit to agriculture, forestry and fishing — agriculture orientation rising or falling in Armenia?
Over the last ten years it is up 42.8%. The long-run trend across the full record is falling.
Where does this Armenia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Credit to Agriculture, Forestry and Fishing — Agriculture orientation index US$, 2015 prices. Statizoid updates them automatically from the source API.

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Credit to Agriculture, Forestry and Fishing — Agriculture orientation in Armenia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 16 September 2026, from https://environment.statizoid.com/stat/credit-to-agriculture-forestry-and-fishing-agriculture-orientation-index-us-2015-prices/armenia/

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About this data

Indicator
Credit to Agriculture, Forestry and Fishing — Agriculture orientation index US$, 2015 prices
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
130 places, 3,175 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.