Total Credit — Value US$ in Melanesia

Melanesia: Total Credit — Value US$ was 11,183 million USD in 2024. ▲ Rising

Latest (2024)
11,183 million USD
Change on year
up 6.8%
World rank
96th
of 178 countries
All-time high
11,183 million USD
in 2024
All-time low
5,357 million USD
in 2010
Years of data
15
2010–2024

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

02.5k5.0k7.5k10.0k2010201720242010: 5.4k million USD2011: 6.0k million USD2012: 7.2k million USD2013: 7.6k million USD2014: 8.4k million USD2015: 8.6k million USD2016: 8.8k million USD2017: 8.9k million USD2018: 9.4k million USD2019: 9.8k million USD2020: 9.7k million USD2021: 9.8k million USD2022: 9.9k million USD2023: 10.5k million USD2024: 11.2k million USD

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

Analysis

The most recent figure for total credit — value us$ in Melanesia is 11,183 million USD, measured in 2024. That is the highest value across all 15 years on record.

The figure is up 6.8% on the previous year and up 33.1% over ten years.

Over the whole period, total credit — value us$ in Melanesia peaked at 11,183 million USD in 2024 and was at its lowest, 5,357 million USD, in 2010.

Melanesia ranks 96th of 178 countries on this measure, 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 8,008 million USD 5,357 million USD 9,835 million USD 10
2020s 10,191 million USD 9,662 million USD 11,183 million USD 5

Countries ranked near Melanesia

  1. 93 Latvia 13,115 million USD compare
  2. 94 United Republic of Tanzania 12,905 million USD compare
  3. 95 Estonia 11,910 million USD compare
  4. 97 Mauritius 10,927 million USD compare
  5. 98 Lebanon 10,604 million USD compare
  6. 99 Qatar 9,949 million USD

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$ in Melanesia?
Total credit — value us$ in Melanesia was 11,183 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest total credit — value us$ recorded in Melanesia?
The highest recorded value was 11,183 million USD in 2024.
What is the lowest total credit — value us$ recorded in Melanesia?
The lowest recorded value was 5,357 million USD in 2010.
How does Melanesia rank for total credit — value us$?
Melanesia ranks 96th out of 178 countries with data for 2024.
Is total credit — value us$ rising or falling in Melanesia?
Over the last ten years it is up 33.1%. 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$. 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$
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.