Total Credit — Value US$, 2015 prices in Melanesia
Melanesia: Total Credit — Value US$, 2015 prices was 10,104 million USD in 2024. ▲ Rising
Total Credit — Value US$, 2015 prices in Melanesia, 2010–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, total credit — value us$, 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$, 2015 prices in Melanesia peaked at 10,104 million USD in 2024 and was at its lowest, 5,966 million USD, in 2011.
The long-run direction has been consistently rising across the 15 years of available data.
Total Credit — Value US$, 2015 prices in Melanesia, year by year
| Year | million USD | Change |
|---|---|---|
| 2010 | 6,337 million USD | — |
| 2011 | 5,966 million USD | -5.9% |
| 2012 | 6,581 million USD | +10.3% |
| 2013 | 7,076 million USD | +7.5% |
| 2014 | 7,611 million USD | +7.6% |
| 2015 | 8,567 million USD | +12.6% |
| 2016 | 9,021 million USD | +5.3% |
| 2017 | 8,763 million USD | -2.8% |
| 2018 | 8,925 million USD | +1.8% |
| 2019 | 9,520 million USD | +6.7% |
| 2020 | 9,465 million USD | -0.6% |
| 2021 | 9,123 million USD | -3.6% |
| 2022 | 9,089 million USD | -0.4% |
| 2023 | 9,603 million USD | +5.7% |
| 2024 | 10,104 million USD | +5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 7 Austria 1.29 million million USD compare
- 8 Bolivia (Plurinational State of) 20,332 million USD compare
- 8 France 1.27 million million USD compare
- 9 United Republic of Tanzania 12,194 million USD compare
- 9 Australia and New Zealand 1.14 million million USD compare
- 10 Spain 1.08 million million USD compare
- 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
More agriculture & rural data for Melanesia
- Vegetables and Fruit Primary — Gross Production Value (constant) 0.8374 % change on previous year (2024)
- Sugar Crops Primary — Gross Production Value (constant 2014-2016) -12.17 % change on previous year (2024)
- Roots and Tubers, Total — Gross Production Value (constant 2014-2016) 0.3606 % change on previous year (2024)
- Non Food — Gross Production Value (constant 2014-2016 thousand I$) 2.17 % change on previous year (2024)
- Milk, Total — Gross Production Value (constant 2014-2016 thousand) -1.73 % change on previous year (2024)
- Meat indigenous, total — Gross Production Value (constant 2014-2016) 1.66 % change on previous year (2024)
- Livestock — Gross Production Value (constant 2014-2016 thousand I$) 1.62 % change on previous year (2024)
- Fruit Primary — Gross Production Value (constant 2014-2016 thousand) 0.6376 % change on previous year (2024)
- Raw milk of cattle — Milk Animals, annual growth rate -14.55 % change on previous year (2024)
- Raw hides and skins of goats or kids — Producing Animals/Slaughtered 0.7758 % change on previous year (2024)
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$, 2015 prices?
- Melanesia ranks 10th out of 15 countries with data for 2024.
- Is total credit — value us$, 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
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.