Credit to Fishery — Value Standard Local Currency, 2015 prices in Papua New Guinea
Papua New Guinea: Credit to Fishery — Value Standard Local Currency, 2015 prices was 0.3683 million SLC in 2024. ◆ Volatile
Credit to Fishery — Value Standard Local Currency, 2015 prices in Papua New Guinea, 2004–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Papua New Guinea recorded 0.3683 million SLC for credit to fishery — value standard local currency, 2015 prices in 2024. That is the lowest value across all 21 years on record.
That represents a change of down 58.7% on the previous year and down 97.5% over ten years.
Over the whole period, credit to fishery — value standard local currency, 2015 prices in Papua New Guinea peaked at 33.11 million SLC in 2005 and was at its lowest, 0.3683 million SLC, in 2024.
That places Papua New Guinea 36th out of 43 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Credit to Fishery — Value Standard Local Currency, 2015 prices in Papua New Guinea, year by year
| Year | million SLC | Change |
|---|---|---|
| 2004 | 31.76 million SLC | — |
| 2005 | 33.11 million SLC | +4.3% |
| 2006 | 31.8 million SLC | -4.0% |
| 2007 | 3.99 million SLC | -87.5% |
| 2008 | 5.25 million SLC | +31.7% |
| 2009 | 4.11 million SLC | -21.8% |
| 2010 | 3.03 million SLC | -26.1% |
| 2011 | 4.29 million SLC | +41.4% |
| 2012 | 7.77 million SLC | +81.0% |
| 2013 | 6.87 million SLC | -11.5% |
| 2014 | 14.82 million SLC | +115.6% |
| 2015 | 12 million SLC | -19.0% |
| 2016 | 9.66 million SLC | -19.5% |
| 2017 | 20.2 million SLC | +109.1% |
| 2018 | 8.17 million SLC | -59.6% |
| 2019 | 12.73 million SLC | +55.9% |
| 2020 | 17.27 million SLC | +35.6% |
| 2021 | 28.56 million SLC | +65.4% |
| 2022 | 1.49 million SLC | -94.8% |
| 2023 | 0.8927 million SLC | -40.2% |
| 2024 | 0.3683 million SLC | -58.7% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 0.3683 million SLC is below the median for lower middle income countries, which is 439.94 million SLC, 0% of the median. (8 countries reporting)
- Papua New Guinea's 0.3683 million SLC is below the median for East Asia & Pacific, which is 3,449 million SLC, 0% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.34 million SLC | 3.99 million SLC | 33.11 million SLC | 6 |
| 2010s | 9.95 million SLC | 3.03 million SLC | 20.2 million SLC | 10 |
| 2020s | 9.72 million SLC | 0.3683 million SLC | 28.56 million SLC | 5 |
Countries ranked near Papua New Guinea
More agriculture & rural data for Papua New Guinea
- Agriculture, forestry, and fishing, value added (current US$), annual 0.3264 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current US$), per 0.1702 current US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current US$), per 495.76 current US$ per person (2024)
- Rural population, annual growth rate 1.31 % change on previous year (2025)
- Rural population, per unit of GDP 0.0003 units per US$ of GDP (2025)
- Rural population, per capita 0.8422 units per person (2025)
- Share of GDP from agriculture 17.0% (2024)
- Agriculture as a share of GDP vs. GDP per capita 17.0% (2024)
- Agricultural raw materials exports 2.6% (2023)
- Agricultural raw materials imports 0.5% (2023)
Frequently asked questions
- What is credit to fishery — value standard local currency, 2015 prices in Papua New Guinea?
- Credit to fishery — value standard local currency, 2015 prices in Papua New Guinea was 0.3683 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest credit to fishery — value standard local currency, 2015 prices recorded in Papua New Guinea?
- The highest recorded value was 33.11 million SLC in 2005.
- What is the lowest credit to fishery — value standard local currency, 2015 prices recorded in Papua New Guinea?
- The lowest recorded value was 0.3683 million SLC in 2024.
- How does Papua New Guinea rank for credit to fishery — value standard local currency, 2015 prices?
- Papua New Guinea ranks 36th out of 43 countries with data for 2024.
- Is credit to fishery — value standard local currency, 2015 prices rising or falling in Papua New Guinea?
- Over the last ten years it is down 97.5%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Credit to Fishery — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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.