Our World
in Data
Data

Agriculture orientation index: Credit to agriculture, forestry and fishing

FAO
See all data and research on:
Agricultural Production

What you should know about this indicator

Item: Credit to Agriculture, Forestry and Fishing

Metric: Agriculture orientation index US$

Agriculture orientation index: Credit to agriculture, forestry and fishing
FAO
A value greater than 1 means the agriculture sector receives a higher share of government spending relative to its economic value. A value less than 1 reflects a lower orientation to agriculture.
Source
Food and Agriculture Organization of the United Nations (2023) – with major processing by Our World in Data
Last updated
March 14, 2024
Next expected update
March 2025
Date range
1991–2022

Related research and writing

Sustainable development goal 2: Zero Hunger

End hunger, achieve food security and improved nutrition and promote sustainable agriculture

Our World in Data team

Sources and processing

This data is based on the following sources

The Credit to Agriculture dataset provides national data for over 130 countries on the amount of loans provided by the private/commercial banking sector to producers in agriculture, forestry and fishing, including household producers, cooperatives, and agro-businesses.

For some countries, the three subsectors of agriculture, forestry, and fishing are completely specified. In other cases, complete disaggregations are not available.

The dataset also provides statistics on the total credit to all industries, indicators on the share of credit to agricultural producers, and an agriculture orientation index (AOI) for credit that normalizes the share of credit to agriculture over total credit by dividing it by the share of agriculture in gross domestic product (GDP). As such, it can provide a more accurate indication of the relative importance that banking sectors place on financing the sector. An AOI lower than 1 indicates that the agriculture sector receives a credit share lower than its contribution to the economy, while an AOI greater than 1 indicates a credit share to the agriculture sector greater than its economic contribution.

Retrieved on
March 14, 2024
Retrieved from
http://www.fao.org/faostat/en/#data/IC
Citation
This is the citation of the original data obtained from the source, prior to any processing or adaptation by Our World in Data. To cite data downloaded from this page, please use the suggested citation given in Reuse This Work below.
Food and Agriculture Organization of the United Nations - Investment: Credit to Agriculture (2023).

How we process data at Our World in Data

All data and visualizations on Our World in Data rely on data sourced from one or several original data providers. Preparing this original data involves several processing steps. Depending on the data, this can include standardizing country names and world region definitions, converting units, calculating derived indicators such as per capita measures, as well as adding or adapting metadata such as the name or the description given to an indicator.

At the link below you can find a detailed description of the structure of our data pipeline, including links to all the code used to prepare data across Our World in Data.

Read about our data pipeline

Reuse this work

  • All data produced by third-party providers and made available by Our World in Data are subject to the license terms from the original providers. Our work would not be possible without the data providers we rely on, so we ask you to always cite them appropriately (see below). This is crucial to allow data providers to continue doing their work, enhancing, maintaining and updating valuable data.
  • All data, visualizations, and code produced by Our World in Data are completely open access under the Creative Commons BY license. You have the permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited.

Citations

How to cite this page

To cite this page overall, including any descriptions, FAQs or explanations of the data authored by Our World in Data, please use the following citation:

“Data Page: Agriculture orientation index: Credit to agriculture, forestry and fishing”, part of the following publication: Hannah Ritchie, Pablo Rosado and Max Roser (2023) - “Agricultural Production”. Data adapted from Food and Agriculture Organization of the United Nations. Retrieved from https://ourworldindata.org/grapher/agriculture-orientation-index [online resource]
How to cite this data

In-line citationIf you have limited space (e.g. in data visualizations), you can use this abbreviated in-line citation:

Food and Agriculture Organization of the United Nations (2023) – with major processing by Our World in Data

Full citation

Food and Agriculture Organization of the United Nations (2023) – with major processing by Our World in Data. “Agriculture orientation index: Credit to agriculture, forestry and fishing – FAO” [dataset]. Food and Agriculture Organization of the United Nations, “Investment: Credit to Agriculture” [original data]. Retrieved November 23, 2024 from https://ourworldindata.org/grapher/agriculture-orientation-index