Credit to Agriculture, Forestry and Fishing — Value Standard Local in Philippines

Philippines: Credit to Agriculture, Forestry and Fishing — Value Standard Local was 299,618 million SLC in 2024. ▲ Rising

Latest (2024)
299,618 million SLC
Change on year
up 5.9%
World rank
23rd
of 118 countries
All-time high
364,117 million SLC
in 2009
All-time low
66,438 million SLC
in 1999
Years of data
26
1999–2024

Credit to Agriculture, Forestry and Fishing — Value Standard Local in Philippines, 1999–2024

100.0k200.0k300.0k400.0k1999201120241999: 66.4k million SLC2000: 74.8k million SLC2001: 143.6k million SLC2002: 143.6k million SLC2003: 112.6k million SLC2004: 128.9k million SLC2005: 134.4k million SLC2006: 142.3k million SLC2007: 144.7k million SLC2008: 344.0k million SLC2009: 364.1k million SLC2010: 351.7k million SLC2011: 228.7k million SLC2012: 206.6k million SLC2013: 216.5k million SLC2014: 215.1k million SLC2015: 203.5k million SLC2016: 236.4k million SLC2017: 206.9k million SLC2018: 236.4k million SLC2019: 269.2k million SLC2020: 256.4k million SLC2021: 243.7k million SLC2022: 256.7k million SLC2023: 283.0k million SLC2024: 299.6k million SLC

Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.

Analysis

Philippines recorded 299,618 million SLC for credit to agriculture, forestry and fishing — value standard local in 2024.

The figure is up 5.9% on the previous year and up 39.3% over ten years.

Over the whole period, credit to agriculture, forestry and fishing — value standard local in Philippines peaked at 364,117 million SLC in 2009 and was at its lowest, 66,438 million SLC, in 1999.

Philippines ranks 23rd of 118 countries on this measure, 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

Annual values for Credit to Agriculture, Forestry and Fishing — Value Standard Local Currency in Philippines, 1999 to 2024.
Year million SLC Change
1999 66,438 million SLC
2000 74,750 million SLC +12.5%
2001 143,614 million SLC +92.1%
2002 143,614 million SLC +0.0%
2003 112,613 million SLC -21.6%
2004 128,903 million SLC +14.5%
2005 134,356 million SLC +4.2%
2006 142,318 million SLC +5.9%
2007 144,727 million SLC +1.7%
2008 344,021 million SLC +137.7%
2009 364,117 million SLC +5.8%
2010 351,714 million SLC -3.4%
2011 228,709 million SLC -35.0%
2012 206,635 million SLC -9.7%
2013 216,484 million SLC +4.8%
2014 215,138 million SLC -0.6%
2015 203,538 million SLC -5.4%
2016 236,351 million SLC +16.1%
2017 206,916 million SLC -12.5%
2018 236,392 million SLC +14.2%
2019 269,161 million SLC +13.9%
2020 256,428 million SLC -4.7%
2021 243,725 million SLC -5.0%
2022 256,706 million SLC +5.3%
2023 282,999 million SLC +10.2%
2024 299,618 million SLC +5.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 66,438 million SLC 66,438 million SLC 66,438 million SLC 1
2000s 173,303 million SLC 74,750 million SLC 364,117 million SLC 10
2010s 237,104 million SLC 203,538 million SLC 351,714 million SLC 10
2020s 267,895 million SLC 243,725 million SLC 299,618 million SLC 5

Countries ranked near Philippines

  1. 20 Nepal 381,426 million SLC compare
  2. 21 Angola 359,547 million SLC compare
  3. 22 Armenia 345,543 million SLC compare
  4. 24 Malawi 270,600 million SLC compare
  5. 25 Kenya 149,000 million SLC compare
  6. 26 Mexico 144,100 million SLC compare

See the full ranking of 130 places →

More environment data for Philippines

All data for Philippines →

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 299,618 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 364,117 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 66,438 million SLC in 1999.
How does Philippines rank for credit to agriculture, forestry and fishing — value standard local?
Philippines ranks 23rd 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 39.3%. 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. Statizoid updates them automatically from the source API.

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Credit to Agriculture, Forestry and Fishing — Value Standard Local in Philippines. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 06 September 2026, from https://environment.statizoid.com/stat/credit-to-agriculture-forestry-and-fishing-value-standard-local-currency/philippines/

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About this data

Indicator
Credit to Agriculture, Forestry and Fishing — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
130 places, 3,175 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.