Equatorial Guinea vs Saudi Arabia: Total Expenditure (central government) — Value Standard Local Currency
Total Expenditure (central government) — Value Standard Local Currency over time
- Equatorial Guinea
- Saudi Arabia
How they compare
Saudi Arabia currently reports 1.37 million million SLC against 1.24 million million SLC in Equatorial Guinea, a difference of 137,060 million SLC.
That makes Saudi Arabia's figure about 1.1 times Equatorial Guinea's.
The two have swapped places 1 time across 14 shared years of data; in 2010 it was Equatorial Guinea ahead.
Equatorial Guinea ranks 60th and Saudi Arabia ranks 59th of 174 countries.
Across the 2 decades both report, Equatorial Guinea averaged higher in 1 and Saudi Arabia in 1.
Head to head by decade
| Decade | Equatorial Guinea | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 2.32 million million SLC | 943,383 million SLC | 1.37 million million SLC | Equatorial Guinea |
| 2020s | 1.08 million million SLC | 1.14 million million SLC | 62,974 million SLC | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total expenditure (central government) — value standard local currency, Equatorial Guinea or Saudi Arabia?
- Saudi Arabia, at 1.37 million million SLC against 1.24 million million SLC in Equatorial Guinea as of 2024.
- What is the difference in total expenditure (central government) — value standard local currency between Equatorial Guinea and Saudi Arabia?
- 137,060 million SLC, with Saudi Arabia ahead.
- How many years of comparable data are there for Equatorial Guinea and Saudi Arabia?
- 14 years are reported by both, from 2010 to 2023.
- How do Equatorial Guinea and Saudi Arabia rank globally for total expenditure (central government) — value standard local currency?
- Equatorial Guinea ranks 60th and Saudi Arabia ranks 59th of 174 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Total Expenditure (central government) — Value Standard Local Currency. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.