Credit to Agriculture, Forestry and Fishing — Value Standard Local in Philippines
Philippines: Credit to Agriculture, Forestry and Fishing — Value Standard Local was 234,352 million SLC in 2024. ▲ Rising
Credit to Agriculture, Forestry and Fishing — Value Standard Local in Philippines, 1999–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for credit to agriculture, forestry and fishing — value standard local in Philippines is 234,352 million SLC, measured in 2024.
Compared with earlier readings it is up 2.8% on the previous year and up 9.7% over ten years.
Over the whole period, credit to agriculture, forestry and fishing — value standard local in Philippines peaked at 420,605 million SLC in 2009 and was at its lowest, 123,541 million SLC, in 1999.
That places Philippines 19th out of 118 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Credit to Agriculture, Forestry and Fishing — Value Standard Local in Philippines, year by year
| Year | million SLC | Change |
|---|---|---|
| 1999 | 123,541 million SLC | — |
| 2000 | 131,356 million SLC | +6.3% |
| 2001 | 238,943 million SLC | +81.9% |
| 2002 | 229,244 million SLC | -4.1% |
| 2003 | 174,198 million SLC | -24.0% |
| 2004 | 188,304 million SLC | +8.1% |
| 2005 | 185,316 million SLC | -1.6% |
| 2006 | 186,752 million SLC | +0.8% |
| 2007 | 184,088 million SLC | -1.4% |
| 2008 | 408,273 million SLC | +121.8% |
| 2009 | 420,605 million SLC | +3.0% |
| 2010 | 389,263 million SLC | -7.5% |
| 2011 | 243,581 million SLC | -37.4% |
| 2012 | 215,768 million SLC | -11.4% |
| 2013 | 221,488 million SLC | +2.7% |
| 2014 | 213,590 million SLC | -3.6% |
| 2015 | 203,538 million SLC | -4.7% |
| 2016 | 233,363 million SLC | +14.7% |
| 2017 | 199,668 million SLC | -14.4% |
| 2018 | 219,886 million SLC | +10.1% |
| 2019 | 248,634 million SLC | +13.1% |
| 2020 | 233,025 million SLC | -6.3% |
| 2021 | 216,539 million SLC | -7.1% |
| 2022 | 216,205 million SLC | -0.2% |
| 2023 | 227,876 million SLC | +5.4% |
| 2024 | 234,352 million SLC | +2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 123,541 million SLC | 123,541 million SLC | 123,541 million SLC | 1 |
| 2000s | 234,708 million SLC | 131,356 million SLC | 420,605 million SLC | 10 |
| 2010s | 238,878 million SLC | 199,668 million SLC | 389,263 million SLC | 10 |
| 2020s | 225,599 million SLC | 216,205 million SLC | 234,352 million SLC | 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)
- Roundwood — Import value, annual growth rate 10.13 % change on previous year (2024)
- Roundwood — Import value, per unit of GDP 0 1000 USD per US$ of GDP (2024)
- Roundwood — Import value, per capita 0 1000 USD per person (2024)
- Roundwood — Export quantity, annual growth rate -3.18 % change on previous year (2024)
- Roundwood — Export quantity, per capita 0 m3 per person (2024)
Frequently asked questions
- What is credit to agriculture, forestry and fishing — value standard local in Philippines?
- Credit to agriculture, forestry and fishing — value standard local in Philippines was 234,352 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 Philippines?
- The highest recorded value was 420,605 million SLC in 2009.
- What is the lowest credit to agriculture, forestry and fishing — value standard local recorded in Philippines?
- The lowest recorded value was 123,541 million SLC in 1999.
- How does Philippines rank for credit to agriculture, forestry and fishing — value standard local?
- Philippines ranks 19th out of 118 countries with data for 2024.
- Is credit to agriculture, forestry and fishing — value standard local rising or falling in Philippines?
- Over the last ten years it is up 9.7%. The long-run trend across the full record is rising.
- 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 — Value Standard Local Currency, 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.