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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

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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).

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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 July 26, 2024 from https://ourworldindata.org/grapher/agriculture-orientation-index