Total Credit — Value US$ in Papua New Guinea

Papua New Guinea: Total Credit — Value US$ was 3,234 million USD in 2024. ▲ Rising

Latest (2024)
3,234 million USD
Change on year
up 1.8%
World rank
124th
of 178 countries
All-time high
3,928 million USD
in 2015
All-time low
379.48 million USD
in 2004
Years of data
21
2004–2024

Total Credit — Value US$ in Papua New Guinea, 2004–2024

01.0k2.0k3.0k4.0k2004201420242004: 379.5 million USD2005: 499.1 million USD2006: 714.6 million USD2007: 897.5 million USD2008: 1.5k million USD2009: 1.8k million USD2010: 2.1k million USD2011: 2.4k million USD2012: 3.3k million USD2013: 3.6k million USD2014: 3.9k million USD2015: 3.9k million USD2016: 3.6k million USD2017: 3.3k million USD2018: 3.1k million USD2019: 3.2k million USD2020: 3.1k million USD2021: 2.9k million USD2022: 2.9k million USD2023: 3.2k million USD2024: 3.2k 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 Papua New Guinea is 3,234 million USD, measured in 2024.

Compared with earlier readings it is up 1.8% on the previous year and down 16.8% over ten years.

Over the whole period, total credit — value us$ in Papua New Guinea peaked at 3,928 million USD in 2015 and was at its lowest, 379.48 million USD, in 2004.

That places Papua New Guinea 124th 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 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 954 million USD 379.48 million USD 1,759 million USD 6
2010s 3,250 million USD 2,092 million USD 3,928 million USD 10
2020s 3,073 million USD 2,891 million USD 3,234 million USD 5

Countries ranked near Papua New Guinea

  1. 121 Mali 4,022 million USD compare
  2. 122 Kyrgyzstan 3,910 million USD compare
  3. 123 Montenegro 3,794 million USD compare
  4. 125 Barbados 3,200 million USD compare
  5. 126 Bhutan 2,954 million USD compare
  6. 127 Niger 2,910 million USD compare

See the full ranking of 210 places →

More agriculture & rural data for Papua New Guinea

All data for Papua New Guinea →

Frequently asked questions

What is total credit — value us$ in Papua New Guinea?
Total credit — value us$ in Papua New Guinea was 3,234 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest total credit — value us$ recorded in Papua New Guinea?
The highest recorded value was 3,928 million USD in 2015.
What is the lowest total credit — value us$ recorded in Papua New Guinea?
The lowest recorded value was 379.48 million USD in 2004.
How does Papua New Guinea rank for total credit — value us$?
Papua New Guinea ranks 124th out of 178 countries with data for 2024.
Is total credit — value us$ rising or falling in Papua New Guinea?
Over the last ten years it is down 16.8%. The long-run trend across the full record is rising.
Where does this Papua New Guinea 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 — 21 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.