Credit to Agriculture, Forestry and Fishing — Value Standard Local in Armenia
Armenia: Credit to Agriculture, Forestry and Fishing — Value Standard Local was 258,498 million SLC in 2024. ◆ Volatile
Credit to Agriculture, Forestry and Fishing — Value Standard Local in Armenia, 2000–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Armenia recorded 258,498 million SLC for credit to agriculture, forestry and fishing — value standard local in 2024. That is the highest value across all 25 years on record.
That represents a change of up 16.3% on the previous year and up 70.1% over ten years.
Over the whole period, credit to agriculture, forestry and fishing — value standard local in Armenia peaked at 258,498 million SLC in 2024 and was at its lowest, 12,520 million SLC, in 2004.
That places Armenia 18th out of 118 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Credit to Agriculture, Forestry and Fishing — Value Standard Local in Armenia, year by year
| Year | million SLC | Change |
|---|---|---|
| 2000 | 17,602 million SLC | — |
| 2001 | 15,297 million SLC | -13.1% |
| 2002 | 12,586 million SLC | -17.7% |
| 2003 | 12,600 million SLC | +0.1% |
| 2004 | 12,520 million SLC | -0.6% |
| 2005 | 15,920 million SLC | +27.2% |
| 2006 | 19,111 million SLC | +20.0% |
| 2007 | 28,896 million SLC | +51.2% |
| 2008 | 44,455 million SLC | +53.8% |
| 2009 | 52,512 million SLC | +18.1% |
| 2010 | 57,765 million SLC | +10.0% |
| 2011 | 85,320 million SLC | +47.7% |
| 2012 | 108,495 million SLC | +27.2% |
| 2013 | 122,349 million SLC | +12.8% |
| 2014 | 151,931 million SLC | +24.2% |
| 2015 | 148,857 million SLC | -2.0% |
| 2016 | 139,639 million SLC | -6.2% |
| 2017 | 140,787 million SLC | +0.8% |
| 2018 | 136,123 million SLC | -3.3% |
| 2019 | 152,004 million SLC | +11.7% |
| 2020 | 182,908 million SLC | +20.3% |
| 2021 | 192,083 million SLC | +5.0% |
| 2022 | 190,617 million SLC | -0.8% |
| 2023 | 222,202 million SLC | +16.6% |
| 2024 | 258,498 million SLC | +16.3% |
Armenia compared with similar countries
- Armenia's 258,498 million SLC is above the median for upper middle income countries, which is 6,402 million SLC, 40.4× the median. (34 countries reporting)
- Armenia's 258,498 million SLC is above the median for Europe & Central Asia, which is 6,665 million SLC, 38.8× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23,150 million SLC | 12,520 million SLC | 52,512 million SLC | 10 |
| 2010s | 124,327 million SLC | 57,765 million SLC | 152,004 million SLC | 10 |
| 2020s | 209,262 million SLC | 182,908 million SLC | 258,498 million SLC | 5 |
Countries ranked near Armenia
More environment data for Armenia
- Historical exposure to drought — Land soil moisture anomaly -10.94 Percentage change (2025)
- Historical exposure to drought — Cropland soil moisture anomaly -10.56 Percentage change (2025)
- Standard Deviation, annual growth rate 0 % change on previous year (2025)
- Drought - Cities and FUAs — Land soil moisture anomaly -1 Percentage change (2025)
- Standard Deviation 0.764 °C (2025)
- Temperature change 1.74 °C (2025)
- Nutrient potash K2O (total) — Agricultural Use, gaps filled 1,434 t (2024)
- Nutrient potash K2O (total) — Agricultural Use, annual growth rate -3.95 % 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)
Frequently asked questions
- What is credit to agriculture, forestry and fishing — value standard local in Armenia?
- Credit to agriculture, forestry and fishing — value standard local in Armenia was 258,498 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest credit to agriculture, forestry and fishing — value standard local recorded in Armenia?
- The highest recorded value was 258,498 million SLC in 2024.
- What is the lowest credit to agriculture, forestry and fishing — value standard local recorded in Armenia?
- The lowest recorded value was 12,520 million SLC in 2004.
- How does Armenia rank for credit to agriculture, forestry and fishing — value standard local?
- Armenia ranks 18th out of 118 countries with data for 2024.
- Is credit to agriculture, forestry and fishing — value standard local rising or falling in Armenia?
- Over the last ten years it is up 70.1%. The long-run trend across the full record is volatile.
- 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 — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 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.