Credit to agriculture

FAO

Credit to agriculture

Global and regional trends 2012–2021

Year of publication 2022

Place of publication Rome, Italy ;

Pages 7p.

Author FAO

Publisher FAO ;

Product type Booklet

ISBN 978-92-5-137454-2

Series title FAOSTAT Analytical Briefs

Series number 56

Full item page

Synopsis (short abstract) Access to formal credit is critical to farmers for purchasing inputs such as seeds, fertilizers, plant protection materials or animal feed. In the absence of personal savings, borrowing from informal sources (such as moneylenders, relatives and friends) may involve unduly high interest rates and unfavourable conditions, which may make many agricultural operations uneconomical. The lack of access to credit is particularly problematic for farmers as there is a gap between the time that money is spent on cultivating crops or raising livestock, and the time money is made from the sale of the products. Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers or to rural households, to agricultural cooperatives or to any agri-related businesses. FAOSTAT provides credit data series from 1991 to 2021. This briefs analyses the global and regional trends for the period 2012 to 2021.

Cite this content as:

FAO. 2022. Credit to agriculture – Global and regional trends 2012–2021. FAOSTAT analytical brief, No. 56. Rome.

https://doi.org/10.4060/cc3748en

Language English

Related items

Showing items related by metadata.

Booklet

Credit to agriculture
Global and regional trends 2012–2020
2022

Also available in:

No results found.

Access to formal credit is critical to farmers for purchasing inputs such as seeds, fertilizers, plant protection materials or animal feed. In the absence of personal savings, borrowing from informal sources (such as moneylenders, relatives and friends) may involve unduly high interest rates and unfavourable conditions, which may make many agricultural operations uneconomical. The lack of access to credit is particularly problematic for farmers as there is a gap between the time that money is spent on cultivating crops or raising livestock, and the time money is made from the sale of the products. Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers or to rural households, to agricultural cooperatives or to any agri-related businesses. FAOSTAT provides credit data series from 1991 to 2020. This briefs analyzes the global and regional trends for the period 2012 to 2020.
Booklet

Credit to agriculture
Global and regional trends 2013–2022
2023

Also available in:

No results found.

FAOSTAT provides credit data series from 1991 to 2022 for over 130 countries. Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, to rural households, to agricultural cooperatives or to any agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of their 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. In 2022, credit to agriculture reached USD 1 099 billion, an increase of USD 127 billion (or 13 percent) compared with USD 972 billion in 2013. Yet, the growth in credit to agriculture was slower than in other sectors, as the share of agriculture in total credit declined between 2013 and 2022 from 2.77 percent to 2.26 percent.
Booklet

Trade of agricultural commodities 2005–2021 2022

Also available in:

No results found.

The FAOSTAT Trade data domain disseminates statistics on the international trade of food and agricultural products for the period of 1961–2021. The food and agricultural trade datasets are collected, processed and disseminated by FAO according to the standard international merchandise trade statistics methodology. According to the latest data, the monetary value of global agricultural exports in 2021 was 2.7 times higher in nominal terms than in 2005, while the share of agriculture in total merchandise trade value increased from 6.6 percent in 2005 to 7.9 percent in 2021.