Credit to Agriculture, Forestry and Fishing — Value Standard Local in Papua New Guinea
Papua New Guinea: Credit to Agriculture, Forestry and Fishing — Value Standard Local was 166.53 million SLC in 2024. ▲ Rising
Credit to Agriculture, Forestry and Fishing — Value Standard Local in Papua New Guinea, 2004–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Papua New Guinea recorded 166.53 million SLC for credit to agriculture, forestry and fishing — value standard local in 2024.
Compared with earlier readings it is down 49.4% on the previous year and down 35.9% over ten years.
Over the whole period, credit to agriculture, forestry and fishing — value standard local in Papua New Guinea peaked at 329.27 million SLC in 2023 and was at its lowest, 85.65 million SLC, in 2022.
Papua New Guinea ranks 102nd of 118 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Credit to Agriculture, Forestry and Fishing — Value Standard Local in Papua New Guinea, year by year
| Year | million SLC | Change |
|---|---|---|
| 2004 | 105.71 million SLC | — |
| 2005 | 113.75 million SLC | +7.6% |
| 2006 | 196.83 million SLC | +73.0% |
| 2007 | 164.56 million SLC | -16.4% |
| 2008 | 225.9 million SLC | +37.3% |
| 2009 | 220.43 million SLC | -2.4% |
| 2010 | 204.39 million SLC | -7.3% |
| 2011 | 174.4 million SLC | -14.7% |
| 2012 | 236.46 million SLC | +35.6% |
| 2013 | 246.5 million SLC | +4.2% |
| 2014 | 259.66 million SLC | +5.3% |
| 2015 | 248.7 million SLC | -4.2% |
| 2016 | 185.63 million SLC | -25.4% |
| 2017 | 183.41 million SLC | -1.2% |
| 2018 | 156.98 million SLC | -14.4% |
| 2019 | 158.02 million SLC | +0.7% |
| 2020 | 245.91 million SLC | +55.6% |
| 2021 | 211.33 million SLC | -14.1% |
| 2022 | 85.65 million SLC | -59.5% |
| 2023 | 329.27 million SLC | +284.4% |
| 2024 | 166.53 million SLC | -49.4% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 166.53 million SLC is below the median for lower middle income countries, which is 18,966 million SLC, 1% of the median. (27 countries reporting)
- Papua New Guinea's 166.53 million SLC is below the median for East Asia & Pacific, which is 80,494 million SLC, 0% of the median. (11 countries reporting)
Biggest year-on-year movements
Years where Credit to Agriculture, Forestry and Fishing — Value Standard Local 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 | +284.4% | 85.65 million SLC | 329.27 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 171.2 million SLC | 105.71 million SLC | 225.9 million SLC | 6 |
| 2010s | 205.41 million SLC | 156.98 million SLC | 259.66 million SLC | 10 |
| 2020s | 207.74 million SLC | 85.65 million SLC | 329.27 million SLC | 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)
- Cooling Degree Days, annual growth rate 6.4 % change on previous year (2024)
- Heating Degree Days, gaps filled 94.78 (2024)
- Heating Degree Days, per unit of GDP 0 units per US$ of GDP (2024)
- Heating Degree Days, per capita 0 units per person (2024)
- Value Added Deflator (Agriculture, forestry and fishery) — Value 9.74 % change on previous year (2024)
Frequently asked questions
- What is credit to agriculture, forestry and fishing — value standard local in Papua New Guinea?
- Credit to agriculture, forestry and fishing — value standard local in Papua New Guinea was 166.53 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest credit to agriculture, forestry and fishing — value standard local recorded in Papua New Guinea?
- The highest recorded value was 329.27 million SLC in 2023.
- What is the lowest credit to agriculture, forestry and fishing — value standard local recorded in Papua New Guinea?
- The lowest recorded value was 85.65 million SLC in 2022.
- How does Papua New Guinea rank for credit to agriculture, forestry and fishing — value standard local?
- Papua New Guinea ranks 102nd out of 118 countries with data for 2024.
- Is credit to agriculture, forestry and fishing — value standard local rising or falling in Papua New Guinea?
- Over the last ten years it is down 35.9%. 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 Credit to Agriculture, Forestry and Fishing — Value Standard Local Currency, 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.