Credit to Agriculture, Forestry and Fishing — Ratio of Value Added in Philippines
Philippines: Credit to Agriculture, Forestry and Fishing — Ratio of Value Added was 0.1451 in 2024. ▼ Falling
Credit to Agriculture, Forestry and Fishing — Ratio of Value Added in Philippines, 1999–2024
Source: Food and Agriculture Organization of the United Nations.
Analysis
The most recent figure for credit to agriculture, forestry and fishing — ratio of value added in Philippines is 0.1451, measured in 2024.
The figure is up 4.4% on the previous year and up 3.4% over ten years.
Over the whole period, credit to agriculture, forestry and fishing — ratio of value added in Philippines peaked at 0.3129 in 2009 and was at its lowest, 0.1261, in 2017.
Philippines ranks 64th of 119 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Credit to Agriculture, Forestry and Fishing — Ratio of Value Added in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 1999 | 0.1322 | — |
| 2000 | 0.1359 | +2.8% |
| 2001 | 0.2381 | +75.1% |
| 2002 | 0.2205 | -7.4% |
| 2003 | 0.1602 | -27.3% |
| 2004 | 0.1649 | +3.0% |
| 2005 | 0.1568 | -4.9% |
| 2006 | 0.1511 | -3.6% |
| 2007 | 0.1414 | -6.5% |
| 2008 | 0.3033 | +114.5% |
| 2009 | 0.3129 | +3.2% |
| 2010 | 0.2858 | -8.7% |
| 2011 | 0.173 | -39.5% |
| 2012 | 0.1486 | -14.1% |
| 2013 | 0.1482 | -0.3% |
| 2014 | 0.1403 | -5.3% |
| 2015 | 0.1327 | -5.4% |
| 2016 | 0.1537 | +15.8% |
| 2017 | 0.1261 | -17.9% |
| 2018 | 0.1374 | +8.9% |
| 2019 | 0.1535 | +11.7% |
| 2020 | 0.1441 | -6.1% |
| 2021 | 0.1343 | -6.8% |
| 2022 | 0.1335 | -0.6% |
| 2023 | 0.139 | +4.2% |
| 2024 | 0.1451 | +4.4% |
Philippines compared with similar countries
- Philippines's 0.1451 is below the median for upper middle income countries, which is 0.1491, 97% of the median. (34 countries reporting)
- Philippines's 0.1451 is below the median for East Asia & Pacific, which is 0.2077, 70% of the median. (11 countries reporting)
Biggest year-on-year movements
Years where Credit to Agriculture, Forestry and Fishing — Ratio of Value Added in Philippines 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 |
|---|---|---|---|
| 2008 | +114.5% | 0.1414 | 0.3033 |
| 2001 | +75.1% | 0.1359 | 0.2381 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1322 | 0.1322 | 0.1322 | 1 |
| 2000s | 0.1985 | 0.1359 | 0.3129 | 10 |
| 2010s | 0.1599 | 0.1261 | 0.2858 | 10 |
| 2020s | 0.1392 | 0.1335 | 0.1451 | 5 |
Countries ranked near Philippines
- 61 Bhutan 0.1598 compare
- 62 Dominican Republic 0.1578 compare
- 63 Kazakhstan 0.153 compare
- 65 Mexico 0.1378 compare
- 66 Tajikistan 0.1364 compare
- 67 Qatar 0.1328
More environment data for Philippines
- Historical exposure to drought — Land soil moisture anomaly 6.85 Percentage change (2025)
- Historical exposure to drought — Cropland soil moisture anomaly 7.07 Percentage change (2025)
- Standard Deviation, annual growth rate 0 % change on previous year (2025)
- Standard Deviation 0.177 °C (2025)
- Temperature change 0.905 °C (2025)
- Cooling Degree Days, annual growth rate 3.89 % change on previous year (2024)
- Heating Degree Days, gaps filled 1.65 (2024)
- Heating Degree Days, per unit of GDP 0 units per US$ of GDP (2024)
- Heating Degree Days, per capita 0 units per person (2024)
- Value Added Deflator (Agriculture, forestry and fishery) — Value 6.69 % change on previous year (2024)
Frequently asked questions
- What is credit to agriculture, forestry and fishing — ratio of value added in Philippines?
- Credit to agriculture, forestry and fishing — ratio of value added in Philippines was 0.1451 in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest credit to agriculture, forestry and fishing — ratio of value added recorded in Philippines?
- The highest recorded value was 0.3129 in 2009.
- What is the lowest credit to agriculture, forestry and fishing — ratio of value added recorded in Philippines?
- The lowest recorded value was 0.1261 in 2017.
- How does Philippines rank for credit to agriculture, forestry and fishing — ratio of value added?
- Philippines ranks 64th out of 119 countries with data for 2024.
- Is credit to agriculture, forestry and fishing — ratio of value added rising or falling in Philippines?
- Over the last ten years it is up 3.4%. The long-run trend across the full record is falling.
- Where does this Philippines 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 — Ratio of Value Added (Agriculture, Forestry and Fishing) US$, 2015 prices. Statizoid updates them automatically from the source API.
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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.