Credit to Agriculture, Forestry and Fishing — Ratio of Value Added in Western Africa

Western Africa: Credit to Agriculture, Forestry and Fishing — Ratio of Value Added was 0.055 in 2024. ▲ Rising

Latest (2024)
0.055
Change on year
up 0.6%
Rank
26th
of 29 groups
All-time high
0.055
in 2024
All-time low
0.0197
in 2010
Years of data
15
2010–2024

Credit to Agriculture, Forestry and Fishing — Ratio of Value Added in Western Africa, 2010–2024

00.020.040.062010201720242010: 0.022011: 0.0282012: 0.0292013: 0.0342014: 0.0412015: 0.042016: 0.0362017: 0.0412018: 0.052019: 0.0462020: 0.0422021: 0.0462022: 0.0442023: 0.0552024: 0.055

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 Western Africa is 0.055, measured in 2024. That is the highest value across all 15 years on record.

Compared with earlier readings it is up 0.6% on the previous year and up 33.2% over ten years.

Over the whole period, credit to agriculture, forestry and fishing — ratio of value added in Western Africa peaked at 0.055 in 2024 and was at its lowest, 0.0197, in 2010.

That places Western Africa 26th out of 29 groups with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 15 years of available data.

Credit to Agriculture, Forestry and Fishing — Ratio of Value Added in Western Africa, year by year

Annual values for Credit to Agriculture, Forestry and Fishing — Ratio of Value Added (Agriculture, Forestry and Fishing) US$, 2015 prices in Western Africa, 2010 to 2024.
Year Value Change
2010 0.0197
2011 0.0278 +41.2%
2012 0.0286 +3.1%
2013 0.0341 +19.2%
2014 0.0413 +20.9%
2015 0.0404 -2.2%
2016 0.036 -10.9%
2017 0.0408 +13.3%
2018 0.0504 +23.5%
2019 0.0456 -9.6%
2020 0.0422 -7.5%
2021 0.046 +9.0%
2022 0.0444 -3.3%
2023 0.0547 +23.1%
2024 0.055 +0.6%

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.0365 0.0197 0.0504 10
2020s 0.0484 0.0422 0.055 5

Countries ranked near Western Africa

  1. 23 Bulgaria 0.4591 compare
  2. 23 Cabo Verde 0.0631 compare
  3. 24 Botswana 0.4338 compare
  4. 25 Uruguay 0.4303 compare
  5. 26 Russian Federation 0.4065 compare
  6. 27 Slovakia 0.4023 compare
  7. 28 Armenia 0.3901 compare
  8. 29 Côte d'Ivoire 0.0114 compare
  9. 29 Finland 0.3779 compare

See the full ranking of 162 places →

More environment data for Western Africa

All data for Western Africa →

Frequently asked questions

What is credit to agriculture, forestry and fishing — ratio of value added in Western Africa?
Credit to agriculture, forestry and fishing — ratio of value added in Western Africa was 0.055 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 Western Africa?
The highest recorded value was 0.055 in 2024.
What is the lowest credit to agriculture, forestry and fishing — ratio of value added recorded in Western Africa?
The lowest recorded value was 0.0197 in 2010.
How does Western Africa rank for credit to agriculture, forestry and fishing — ratio of value added?
Western Africa ranks 26th out of 29 groups with data for 2024.
Is credit to agriculture, forestry and fishing — ratio of value added rising or falling in Western Africa?
Over the last ten years it is up 33.2%. 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 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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Credit to Agriculture, Forestry and Fishing — Ratio of Value Added in Western Africa. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 18 September 2026, from https://environment.statizoid.com/stat/credit-to-agriculture-forestry-and-fishing-ratio-of-value-added-agriculture-forestry-and/western-africa/

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About this data

Indicator
Credit to Agriculture, Forestry and Fishing — Ratio of Value Added (Agriculture, Forestry and Fishing) US$, 2015 prices
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
162 places, 3,769 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.