Credit to Agriculture, Forestry and Fishing — Share of Total Credit in Philippines
Philippines: Credit to Agriculture, Forestry and Fishing — Share of Total Credit was 2.14 % in 2024. ◆ Volatile
Credit to Agriculture, Forestry and Fishing — Share of Total Credit in Philippines, 1999–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
The most recent figure for credit to agriculture, forestry and fishing — share of total credit in Philippines is 2.14 %, measured in 2024. That is the lowest value across all 26 years on record.
Compared with earlier readings it is down 19.9% on the previous year and down 54.6% over ten years.
Over the whole period, credit to agriculture, forestry and fishing — share of total credit in Philippines peaked at 12.45 % in 2010 and was at its lowest, 2.14 %, in 2024.
Philippines ranks 74th of 119 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Credit to Agriculture, Forestry and Fishing — Share of Total Credit in Philippines, year by year
| Year | % | Change |
|---|---|---|
| 1999 | 3.79 % | — |
| 2000 | 4.14 % | +9.3% |
| 2001 | 7.93 % | +91.3% |
| 2002 | 7.73 % | -2.5% |
| 2003 | 5.68 % | -26.5% |
| 2004 | 6.35 % | +11.7% |
| 2005 | 6.24 % | -1.7% |
| 2006 | 5.86 % | -6.0% |
| 2007 | 5.56 % | -5.1% |
| 2008 | 11.76 % | +111.5% |
| 2009 | 11.45 % | -2.7% |
| 2010 | 12.45 % | +8.7% |
| 2011 | 6.08 % | -51.2% |
| 2012 | 4.89 % | -19.6% |
| 2013 | 4.7 % | -3.7% |
| 2014 | 4.7 % | -0.0% |
| 2015 | 3.95 % | -15.9% |
| 2016 | 3.96 % | +0.2% |
| 2017 | 2.96 % | -25.3% |
| 2018 | 2.94 % | -0.7% |
| 2019 | 3.09 % | +5.2% |
| 2020 | 2.97 % | -3.8% |
| 2021 | 2.68 % | -10.1% |
| 2022 | 2.56 % | -4.2% |
| 2023 | 2.67 % | +4.1% |
| 2024 | 2.14 % | -19.9% |
Philippines compared with similar countries
- Philippines's 2.14 % is below the median for upper middle income countries, which is 2.26 %, 95% of the median. (34 countries reporting)
- Philippines's 2.14 % is above the median for East Asia & Pacific, which is 2.14 %, 1.0× the median. (11 countries reporting)
Biggest year-on-year movements
Years where Credit to Agriculture, Forestry and Fishing — Share of Total Credit 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 | +111.5% | 5.56 % | 11.76 % |
| 2001 | +91.3% | 4.14 % | 7.93 % |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.79 % | 3.79 % | 3.79 % | 1 |
| 2000s | 7.27 % | 4.14 % | 11.76 % | 10 |
| 2010s | 4.97 % | 2.94 % | 12.45 % | 10 |
| 2020s | 2.6 % | 2.14 % | 2.97 % | 5 |
Countries ranked near Philippines
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)
- Nutrient potash K2O (total) — Agricultural Use, gaps filled 93,078 t (2024)
- Nutrient potash K2O (total) — Agricultural Use, annual growth rate 0 % change on previous year (2024)
- Country area — Area, annual growth rate 0 % change on previous year (2024)
- Country area — Area, per unit of GDP 0 1000 ha per US$ of GDP (2024)
- Country area — Area, per capita 0.0003 1000 ha per person (2024)
Frequently asked questions
- What is credit to agriculture, forestry and fishing — share of total credit in Philippines?
- Credit to agriculture, forestry and fishing — share of total credit in Philippines was 2.14 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest credit to agriculture, forestry and fishing — share of total credit recorded in Philippines?
- The highest recorded value was 12.45 % in 2010.
- What is the lowest credit to agriculture, forestry and fishing — share of total credit recorded in Philippines?
- The lowest recorded value was 2.14 % in 2024.
- How does Philippines rank for credit to agriculture, forestry and fishing — share of total credit?
- Philippines ranks 74th out of 119 countries with data for 2024.
- Is credit to agriculture, forestry and fishing — share of total credit rising or falling in Philippines?
- Over the last ten years it is down 54.6%. 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 Credit to Agriculture, Forestry and Fishing — Share of Total Credit US$, 2015 prices. 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
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.