Total Credit — Value US$, 2015 prices in Melanesia

Melanesia: Total Credit — Value US$, 2015 prices was 10,104 million USD in 2024. ▲ Rising

Latest (2024)
10,104 million USD
Change on year
up 5.2%
World rank
96th
of 178 countries
All-time high
10,104 million USD
in 2024
All-time low
5,966 million USD
in 2011
Years of data
15
2010–2024

Total Credit — Value US$, 2015 prices in Melanesia, 2010–2024

02.5k5.0k7.5k10.0k2010201720242010: 6.3k million USD2011: 6.0k million USD2012: 6.6k million USD2013: 7.1k million USD2014: 7.6k million USD2015: 8.6k million USD2016: 9.0k million USD2017: 8.8k million USD2018: 8.9k million USD2019: 9.5k million USD2020: 9.5k million USD2021: 9.1k million USD2022: 9.1k million USD2023: 9.6k million USD2024: 10.1k 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 Melanesia stood at 10,104 million USD. That is the highest value across all 15 years on record.

That represents a change of up 5.2% on the previous year and up 32.8% over ten years.

Over the whole period, total credit — value us$, 2015 prices in Melanesia peaked at 10,104 million USD in 2024 and was at its lowest, 5,966 million USD, in 2011.

That places Melanesia 96th out of 178 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 7,837 million USD 5,966 million USD 9,520 million USD 10
2020s 9,477 million USD 9,089 million USD 10,104 million USD 5

Countries ranked near Melanesia

  1. 93 Angola 11,268 million USD compare
  2. 94 Serbia 10,604 million USD compare
  3. 95 Mauritius 10,445 million USD compare
  4. 97 Armenia 9,941 million USD compare
  5. 98 Latvia 9,453 million USD compare
  6. 99 Ukraine 8,212 million USD compare

See the full ranking of 210 places →

More agriculture & rural data for Melanesia

All data for Melanesia →

Frequently asked questions

What is total credit — value us$, 2015 prices in Melanesia?
Total credit — value us$, 2015 prices in Melanesia was 10,104 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest total credit — value us$, 2015 prices recorded in Melanesia?
The highest recorded value was 10,104 million USD in 2024.
What is the lowest total credit — value us$, 2015 prices recorded in Melanesia?
The lowest recorded value was 5,966 million USD in 2011.
How does Melanesia rank for total credit — value us$, 2015 prices?
Melanesia ranks 96th out of 178 countries with data for 2024.
Is total credit — value us$, 2015 prices rising or falling in Melanesia?
Over the last ten years it is up 32.8%. The long-run trend across the full record is rising.
Where does this Melanesia 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 — 15 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.