Credit to Agriculture, Forestry and Fishing — Value US$, 2015 prices in Melanesia
Melanesia: Credit to Agriculture, Forestry and Fishing — Value US$, 2015 prices was 65.74 million USD in 2024. ▼ Falling
Credit to Agriculture, Forestry and Fishing — Value US$, 2015 prices in Melanesia, 2010–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, credit to agriculture, forestry and fishing — value us$, 2015 prices in Melanesia stood at 65.74 million USD.
That represents a change of down 47.7% on the previous year and down 33.7% over ten years.
Over the whole period, credit to agriculture, forestry and fishing — value us$, 2015 prices in Melanesia peaked at 125.81 million USD in 2023 and was at its lowest, 38.22 million USD, in 2022.
The long-run direction has been consistently falling across the 15 years of available data.
Credit to Agriculture, Forestry and Fishing — Value US$, 2015 prices in Melanesia, year by year
| Year | million USD | Change |
|---|---|---|
| 2010 | 82.89 million USD | — |
| 2011 | 70.11 million USD | -15.4% |
| 2012 | 95.3 million USD | +35.9% |
| 2013 | 95.7 million USD | +0.4% |
| 2014 | 99.23 million USD | +3.7% |
| 2015 | 97.14 million USD | -2.1% |
| 2016 | 71.36 million USD | -26.5% |
| 2017 | 70.7 million USD | -0.9% |
| 2018 | 64.66 million USD | -8.6% |
| 2019 | 65.08 million USD | +0.7% |
| 2020 | 96.9 million USD | +48.9% |
| 2021 | 85.64 million USD | -11.6% |
| 2022 | 38.22 million USD | -55.4% |
| 2023 | 125.81 million USD | +229.1% |
| 2024 | 65.74 million USD | -47.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 81.22 million USD | 64.66 million USD | 99.23 million USD | 10 |
| 2020s | 82.46 million USD | 38.22 million USD | 125.81 million USD | 5 |
Countries ranked near Melanesia
- 9 Canada 34,160 million USD compare
- 9 Syrian Arab Republic 178.78 million USD compare
- 10 New Zealand 32,976 million USD compare
- 10 Republic of Moldova 147.79 million USD compare
- 11 Indonesia 30,152 million USD compare
- 11 Türkiye 139.82 million USD compare
- 12 Russian Federation 24,404 million USD compare
- 13 Democratic Republic of the Congo 39.17 million USD compare
- 13 United Kingdom of Great Britain and Northern Ireland 20,709 million USD compare
- 14 Spain 19,203 million USD compare
- 14 Timor-Leste 1.38 million USD compare
- 15 Austria 11,562 million USD compare
More environment data for Melanesia
- Standard Deviation, annual growth rate 0 % change on previous year (2025)
- Historical exposure to drought — Land soil moisture anomaly 1.59 Percentage change (2025)
- Historical exposure to drought — Cropland soil moisture anomaly 2.37 Percentage change (2025)
- Temperature change 0.857 °C (2025)
- Standard Deviation 0.179 °C (2025)
- Pesticides (total) — Import value 28,009 1000 USD (2024)
- Arable land — Area 456.07 1000 ha (2024)
- Pesticides (total) — Export value 278.6 1000 USD (2024)
- Nutrient nitrogen N (total) — Import quantity 36,691 t (2024)
- Nutrient nitrogen N (total) — Export quantity 0 t (2024)
Frequently asked questions
- What is credit to agriculture, forestry and fishing — value us$, 2015 prices in Melanesia?
- Credit to agriculture, forestry and fishing — value us$, 2015 prices in Melanesia was 65.74 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest credit to agriculture, forestry and fishing — value us$, 2015 prices recorded in Melanesia?
- The highest recorded value was 125.81 million USD in 2023.
- What is the lowest credit to agriculture, forestry and fishing — value us$, 2015 prices recorded in Melanesia?
- The lowest recorded value was 38.22 million USD in 2022.
- How does Melanesia rank for credit to agriculture, forestry and fishing — value us$, 2015 prices?
- Melanesia ranks 12th out of 14 countries with data for 2024.
- Is credit to agriculture, forestry and fishing — value us$, 2015 prices rising or falling in Melanesia?
- Over the last ten years it is down 33.7%. 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 — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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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.