Credit to Agriculture, Forestry and Fishing — Ratio of Value Added in Melanesia

Melanesia: Credit to Agriculture, Forestry and Fishing — Ratio of Value Added was 0.0132 in 2024. ▼ Falling

Latest (2024)
0.0132
Change on year
down 49.5%
World rank
11th
of 14 countries
All-time high
0.0261
in 2023
All-time low
0.0081
in 2022
Years of data
15
2010–2024

Credit to Agriculture, Forestry and Fishing — Ratio of Value Added in Melanesia, 2010–2024

0.010.0150.020.0252010201720242010: 0.0242011: 0.022012: 0.0252013: 0.0242014: 0.0242015: 0.0252016: 0.0182017: 0.0172018: 0.0152019: 0.0152020: 0.0212021: 0.0192022: 0.0082023: 0.0262024: 0.013

Source: Food and Agriculture Organization of the United Nations.

Analysis

In 2024, credit to agriculture, forestry and fishing — ratio of value added in Melanesia stood at 0.0132.

That represents a change of down 49.5% on the previous year and down 45.9% over ten years.

Over the whole period, credit to agriculture, forestry and fishing — ratio of value added in Melanesia peaked at 0.0261 in 2023 and was at its lowest, 0.0081, in 2022.

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

Credit to Agriculture, Forestry and Fishing — Ratio of Value Added in Melanesia, year by year

Annual values for Credit to Agriculture, Forestry and Fishing — Ratio of Value Added (Agriculture, Forestry and Fishing) US$, 2015 prices in Melanesia, 2010 to 2024.
Year Value Change
2010 0.0236
2011 0.0197 -16.2%
2012 0.0254 +28.7%
2013 0.0244 -3.9%
2014 0.0244 -0.1%
2015 0.0246 +0.7%
2016 0.0176 -28.5%
2017 0.017 -3.1%
2018 0.0149 -12.4%
2019 0.0146 -1.7%
2020 0.0214 +46.4%
2021 0.0187 -12.6%
2022 0.0081 -56.7%
2023 0.0261 +222.1%
2024 0.0132 -49.5%

Biggest year-on-year movements

Years where Credit to Agriculture, Forestry and Fishing — Ratio of Value Added in Melanesia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2023 +222.1% 0.0081 0.0261

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.0206 0.0146 0.0254 10
2020s 0.0175 0.0081 0.0261 5

Countries ranked near Melanesia

  1. 8 France 2.02 compare
  2. 8 United Republic of Tanzania 0.07 compare
  3. 9 Syrian Arab Republic 0.0315 compare
  4. 9 Australia and New Zealand 1.92 compare
  5. 10 Germany 1.65 compare
  6. 11 Australia 1.57 compare
  7. 12 Cyprus 1.42 compare
  8. 12 Democratic Republic of the Congo 0.0047 compare
  9. 13 Estonia 1.16 compare
  10. 13 Timor-Leste 0.0041 compare
  11. 14 Canada 1.12 compare
  12. 14 Türkiye 0.0021 compare

See the full ranking of 162 places →

More environment data for Melanesia

All data for Melanesia →

Frequently asked questions

What is credit to agriculture, forestry and fishing — ratio of value added in Melanesia?
Credit to agriculture, forestry and fishing — ratio of value added in Melanesia was 0.0132 in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest credit to agriculture, forestry and fishing — ratio of value added recorded in Melanesia?
The highest recorded value was 0.0261 in 2023.
What is the lowest credit to agriculture, forestry and fishing — ratio of value added recorded in Melanesia?
The lowest recorded value was 0.0081 in 2022.
How does Melanesia rank for credit to agriculture, forestry and fishing — ratio of value added?
Melanesia ranks 11th out of 14 countries with data for 2024.
Is credit to agriculture, forestry and fishing — ratio of value added rising or falling in Melanesia?
Over the last ten years it is down 45.9%. The long-run trend across the full record is falling.
Where does this Melanesia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Credit to Agriculture, Forestry and Fishing — Ratio of Value Added (Agriculture, Forestry and Fishing) US$, 2015 prices. Statizoid updates them automatically from the source API.

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Credit to Agriculture, Forestry and Fishing — Ratio of Value Added in Melanesia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 17 September 2026, from https://environment.statizoid.com/stat/credit-to-agriculture-forestry-and-fishing-ratio-of-value-added-agriculture-forestry-and/melanesia/

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About this data

Indicator
Credit to Agriculture, Forestry and Fishing — Ratio of Value Added (Agriculture, Forestry and Fishing) US$, 2015 prices
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
162 places, 3,769 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.