Total Credit — Value US$, 2015 prices in Australia
Australia: Total Credit — Value US$, 2015 prices was 627,049 million USD in 2024. ▲ Rising
Total Credit — Value US$, 2015 prices in Australia, 1993–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, total credit — value us$, 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$, 2015 prices in Australia peaked at 683,473 million USD in 2018 and was at its lowest, 186,110 million USD, in 1994.
Australia ranks 14th of 166 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 32 years of available data.
Total Credit — Value US$, 2015 prices in Australia, year by year
| Year | million USD | Change |
|---|---|---|
| 1993 | 186,505 million USD | — |
| 1994 | 186,110 million USD | -0.2% |
| 1995 | 200,656 million USD | +7.8% |
| 1996 | 222,680 million USD | +11.0% |
| 1997 | 249,132 million USD | +11.9% |
| 1998 | 272,940 million USD | +9.6% |
| 1999 | 291,628 million USD | +6.8% |
| 2000 | 301,819 million USD | +3.5% |
| 2001 | 306,483 million USD | +1.5% |
| 2002 | 311,871 million USD | +1.8% |
| 2003 | 330,061 million USD | +5.8% |
| 2004 | 352,756 million USD | +6.9% |
| 2005 | 384,774 million USD | +9.1% |
| 2006 | 426,600 million USD | +10.9% |
| 2007 | 529,425 million USD | +24.1% |
| 2008 | 577,882 million USD | +9.2% |
| 2009 | 552,313 million USD | -4.4% |
| 2010 | 489,967 million USD | -11.3% |
| 2011 | 502,206 million USD | +2.5% |
| 2012 | 522,390 million USD | +4.0% |
| 2013 | 545,023 million USD | +4.3% |
| 2014 | 589,928 million USD | +8.2% |
| 2015 | 655,380 million USD | +11.1% |
| 2016 | 680,497 million USD | +3.8% |
| 2017 | 676,158 million USD | -0.6% |
| 2018 | 683,473 million USD | +1.1% |
| 2019 | 557,856 million USD | -18.4% |
| 2020 | 544,470 million USD | -2.4% |
| 2021 | 541,179 million USD | -0.6% |
| 2022 | 568,526 million USD | +5.1% |
| 2023 | 594,675 million USD | +4.6% |
| 2024 | 627,049 million USD | +5.4% |
Australia compared with similar countries
- Australia's 627,049 million USD is above the median for high income countries, which is 62,034 million USD, 10.1× the median. (52 countries reporting)
- Australia's 627,049 million USD is above the median for East Asia & Pacific, which is 33,471 million USD, 18.7× the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 11 Democratic Republic of the Congo 6,832 million USD compare
- 11 Sweden 714,113 million USD compare
- 12 Republic of Moldova 2,352 million USD compare
- 12 Russian Federation 669,765 million USD compare
- 13 Syrian Arab Republic 1,436 million USD compare
- 13 United Kingdom of Great Britain and Northern Ireland 628,984 million USD compare
- 14 Polynesia 907.62 million USD compare
- 15 Italy 611,779 million USD compare
- 15 Timor-Leste 356.6 million USD compare
- 16 Norway 569,708 million USD compare
- 17 Denmark 530,283 million USD compare
More agriculture & rural data for Australia
- Agriculture, forestry, and fishing, value added (current US$), annual 13.97 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0227 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 1,476 current US$ per person (2025)
- Rural population, annual growth rate 0.5855 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.1228 units per person (2025)
- Share of GDP from agriculture 2.3% (2025)
- Agriculture as a share of GDP vs. GDP per capita 2.3% (2025)
- Agricultural raw materials exports 1.7% (2025)
- Agricultural raw materials imports 0.5% (2025)
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$, 2015 prices?
- Australia ranks 14th out of 166 countries with data for 2024.
- Is total credit — value us$, 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
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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.