Total Credit — Value US$, 2015 prices in Australia

Australia: Total Credit — Value US$, 2015 prices was 627,049 million USD in 2024. ▲ Rising

Latest (2024)
627,049 million USD
Change on year
up 5.4%
World rank
14th
of 178 countries
All-time high
683,473 million USD
in 2018
All-time low
186,110 million USD
in 1994
Years of data
32
1993–2024

Total Credit — Value US$, 2015 prices in Australia, 1993–2024

200.0k300.0k400.0k500.0k600.0k700.0k1993200820241993: 186.5k million USD1994: 186.1k million USD1995: 200.7k million USD1996: 222.7k million USD1997: 249.1k million USD1998: 272.9k million USD1999: 291.6k million USD2000: 301.8k million USD2001: 306.5k million USD2002: 311.9k million USD2003: 330.1k million USD2004: 352.8k million USD2005: 384.8k million USD2006: 426.6k million USD2007: 529.4k million USD2008: 577.9k million USD2009: 552.3k million USD2010: 490.0k million USD2011: 502.2k million USD2012: 522.4k million USD2013: 545.0k million USD2014: 589.9k million USD2015: 655.4k million USD2016: 680.5k million USD2017: 676.2k million USD2018: 683.5k million USD2019: 557.9k million USD2020: 544.5k million USD2021: 541.2k million USD2022: 568.5k million USD2023: 594.7k million USD2024: 627.0k million USD

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

Analysis

In 2024, total credit — value us$, 2015 prices in Australia stood at 627,049 million USD.

The figure is up 5.4% on the previous year and up 6.3% over ten years.

Over the whole period, total credit — value us$, 2015 prices in Australia peaked at 683,473 million USD in 2018 and was at its lowest, 186,110 million USD, in 1994.

Australia ranks 14th of 178 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 32 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 229,950 million USD 186,110 million USD 291,628 million USD 7
2000s 407,398 million USD 301,819 million USD 577,882 million USD 10
2010s 590,288 million USD 489,967 million USD 683,473 million USD 10
2020s 575,180 million USD 541,179 million USD 627,049 million USD 5

Countries ranked near Australia

  1. 11 Sweden 714,113 million USD compare
  2. 12 Russian Federation 669,765 million USD compare
  3. 13 United Kingdom of Great Britain and Northern Ireland 628,984 million USD compare
  4. 15 Italy 611,779 million USD compare
  5. 16 Norway 569,708 million USD compare
  6. 17 Viet Nam 554,855 million USD compare

See the full ranking of 210 places →

More agriculture & rural data for Australia

All data for Australia →

Frequently asked questions

What is total credit — value us$, 2015 prices in Australia?
Total credit — value us$, 2015 prices in Australia was 627,049 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest total credit — value us$, 2015 prices recorded in Australia?
The highest recorded value was 683,473 million USD in 2018.
What is the lowest total credit — value us$, 2015 prices recorded in Australia?
The lowest recorded value was 186,110 million USD in 1994.
How does Australia rank for total credit — value us$, 2015 prices?
Australia ranks 14th out of 178 countries with data for 2024.
Is total credit — value us$, 2015 prices rising or falling in Australia?
Over the last ten years it is up 6.3%. The long-run trend across the full record is rising.
Where does this Australia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value US$, 2015 prices. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 32 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Total Credit — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
210 places, 5,166 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.