Credit to Agriculture, Forestry and Fishing — Share of Total Credit in Western Africa
Western Africa: Credit to Agriculture, Forestry and Fishing — Share of Total Credit was 4.71 % in 2024. ▲ Rising
Credit to Agriculture, Forestry and Fishing — Share of Total Credit in Western Africa, 2010–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
Western Africa recorded 4.71 % for credit to agriculture, forestry and fishing — share of total credit in 2024.
Compared with earlier readings it is up 1.0% on the previous year and up 6.1% over ten years.
Over the whole period, credit to agriculture, forestry and fishing — share of total credit in Western Africa peaked at 4.82 % in 2021 and was at its lowest, 2.55 %, in 2010.
Western Africa ranks 6th of 29 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Credit to Agriculture, Forestry and Fishing — Share of Total Credit in Western Africa, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 2.55 % | — |
| 2011 | 3.79 % | +48.8% |
| 2012 | 3.94 % | +3.8% |
| 2013 | 3.92 % | -0.3% |
| 2014 | 4.44 % | +13.0% |
| 2015 | 4.38 % | -1.3% |
| 2016 | 3.57 % | -18.4% |
| 2017 | 4.03 % | +12.7% |
| 2018 | 4.74 % | +17.8% |
| 2019 | 4.05 % | -14.5% |
| 2020 | 4.19 % | +3.3% |
| 2021 | 4.82 % | +15.1% |
| 2022 | 4.48 % | -7.0% |
| 2023 | 4.66 % | +4.0% |
| 2024 | 4.71 % | +1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.94 % | 2.55 % | 4.74 % | 10 |
| 2020s | 4.57 % | 4.19 % | 4.82 % | 5 |
Countries ranked near Western Africa
- 3 Malawi 16.29 % compare
- 3 United Republic of Tanzania 10.63 % compare
- 4 Iran (Islamic Republic of) 8.85 % compare
- 4 Zimbabwe 15.87 % compare
- 5 Burundi 15.79 % compare
- 5 Viet Nam 6.55 % compare
- 6 Republic of Moldova 6.28 % compare
- 6 Ukraine 15.41 % compare
- 7 Uruguay 14.55 % compare
- 8 Kyrgyzstan 13.92 % compare
- 9 India 12.88 % compare
More environment data for Western Africa
- Standard Deviation, annual growth rate 0 % change on previous year (2025)
- Historical exposure to drought — Land soil moisture anomaly -6.69 Percentage change (2025)
- Historical exposure to drought — Cropland soil moisture anomaly -6.59 Percentage change (2025)
- Standard Deviation 0.311 °C (2025)
- Temperature change 1.37 °C (2025)
- Industrial roundwood — Production 20.68 million m3 (2024)
- Industrial roundwood — Export quantity 355,916 m3 (2024)
- Industrial roundwood — Import value 18,051 1000 USD (2024)
- Industrial roundwood — Import quantity 79,324 m3 (2024)
- Wood fuel — Production 221.11 million m3 (2024)
Frequently asked questions
- What is credit to agriculture, forestry and fishing — share of total credit in Western Africa?
- Credit to agriculture, forestry and fishing — share of total credit in Western Africa was 4.71 % 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 Western Africa?
- The highest recorded value was 4.82 % in 2021.
- What is the lowest credit to agriculture, forestry and fishing — share of total credit recorded in Western Africa?
- The lowest recorded value was 2.55 % in 2010.
- How does Western Africa rank for credit to agriculture, forestry and fishing — share of total credit?
- Western Africa ranks 6th out of 29 groups with data for 2024.
- Is credit to agriculture, forestry and fishing — share of total credit rising or falling in Western Africa?
- Over the last ten years it is up 6.1%. 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 — Share of Total Credit US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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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.