Credit to Agriculture, Forestry and Fishing — Share of Total Credit in Papua New Guinea
Papua New Guinea: Credit to Agriculture, Forestry and Fishing — Share of Total Credit was 2.18 % in 2024. ▼ Falling
Credit to Agriculture, Forestry and Fishing — Share of Total Credit in Papua New Guinea, 2004–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2024, credit to agriculture, forestry and fishing — share of total credit in Papua New Guinea stood at 2.18 %.
Compared with earlier readings it is down 51.8% on the previous year and down 20.6% over ten years.
Over the whole period, credit to agriculture, forestry and fishing — share of total credit in Papua New Guinea peaked at 6.43 % in 2006 and was at its lowest, 1.34 %, in 2022.
Papua New Guinea ranks 73rd of 119 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Credit to Agriculture, Forestry and Fishing — Share of Total Credit in Papua New Guinea, year by year
| Year | % | Change |
|---|---|---|
| 2004 | 5.23 % | — |
| 2005 | 4.79 % | -8.3% |
| 2006 | 6.43 % | +34.2% |
| 2007 | 4.54 % | -29.5% |
| 2008 | 4.65 % | +2.5% |
| 2009 | 3.55 % | -23.7% |
| 2010 | 3.08 % | -13.2% |
| 2011 | 2.82 % | -8.5% |
| 2012 | 3.16 % | +12.2% |
| 2013 | 2.97 % | -6.1% |
| 2014 | 2.75 % | -7.3% |
| 2015 | 2.29 % | -16.8% |
| 2016 | 1.68 % | -26.5% |
| 2017 | 1.94 % | +15.4% |
| 2018 | 1.83 % | -5.4% |
| 2019 | 1.76 % | -3.9% |
| 2020 | 2.82 % | +59.8% |
| 2021 | 2.9 % | +3.0% |
| 2022 | 1.34 % | -53.9% |
| 2023 | 4.53 % | +238.6% |
| 2024 | 2.18 % | -51.8% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 2.18 % is below the median for lower middle income countries, which is 4.56 %, 48% of the median. (27 countries reporting)
- Papua New Guinea's 2.18 % is above the median for East Asia & Pacific, which is 2.14 %, 1.0× the median. (11 countries reporting)
Biggest year-on-year movements
Years where Credit to Agriculture, Forestry and Fishing — Share of Total Credit in Papua New Guinea 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.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +238.6% | 1.34 % | 4.53 % |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.86 % | 3.55 % | 6.43 % | 6 |
| 2010s | 2.43 % | 1.68 % | 3.16 % | 10 |
| 2020s | 2.75 % | 1.34 % | 4.53 % | 5 |
Countries ranked near Papua New Guinea
More environment data for Papua New Guinea
- Historical exposure to drought — Land soil moisture anomaly 1.56 Percentage change (2025)
- Historical exposure to drought — Cropland soil moisture anomaly 2.24 Percentage change (2025)
- Standard Deviation, annual growth rate 0 % change on previous year (2025)
- Standard Deviation 0.183 °C (2025)
- Temperature change 0.834 °C (2025)
- Total fisheries production (metric tons), annual growth rate 36.54 % change on previous year (2024)
- Total fisheries production (metric tons), per unit of GDP 0 metric tons per US$ of GDP (2024)
- Total fisheries production (metric tons), per capita 0.0327 metric tons per person (2024)
- Cooling Degree Days, annual growth rate 6.4 % change on previous year (2024)
- Heating Degree Days, gaps filled 94.78 (2024)
Frequently asked questions
- What is credit to agriculture, forestry and fishing — share of total credit in Papua New Guinea?
- Credit to agriculture, forestry and fishing — share of total credit in Papua New Guinea was 2.18 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest credit to agriculture, forestry and fishing — share of total credit recorded in Papua New Guinea?
- The highest recorded value was 6.43 % in 2006.
- What is the lowest credit to agriculture, forestry and fishing — share of total credit recorded in Papua New Guinea?
- The lowest recorded value was 1.34 % in 2022.
- How does Papua New Guinea rank for credit to agriculture, forestry and fishing — share of total credit?
- Papua New Guinea ranks 73rd out of 119 countries with data for 2024.
- Is credit to agriculture, forestry and fishing — share of total credit rising or falling in Papua New Guinea?
- Over the last ten years it is down 20.6%. The long-run trend across the full record is falling.
- 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 Credit to Agriculture, Forestry and Fishing — Share of Total Credit US$, 2015 prices. 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
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.