Australia vs Lao People's Democratic Republic: Total Expenditure (central government) — Value US$, 2015 prices
Total Expenditure (central government) — Value US$, 2015 prices over time
- Australia
- Lao People's Democratic Republic
How they compare
Australia currently reports 393,801 million USD against 2,461 million USD in Lao People's Democratic Republic, a difference of 391,340 million USD.
That makes Australia's figure about 160.0 times Lao People's Democratic Republic's.
Across all 10 years both countries report, Australia has been ahead every year.
Australia ranks 10th and Lao People's Democratic Republic ranks 9th of 173 countries.
Australia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Australia | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 253,414 million USD | 1,545 million USD | 251,869 million USD | Australia |
| 2010s | 307,430 million USD | 2,794 million USD | 304,636 million USD | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total expenditure (central government) — value us$, 2015 prices, Australia or Lao People's Democratic Republic?
- Australia, at 393,801 million USD against 2,461 million USD in Lao People's Democratic Republic as of 2024.
- What is the difference in total expenditure (central government) — value us$, 2015 prices between Australia and Lao People's Democratic Republic?
- 391,340 million USD, with Australia ahead.
- How many years of comparable data are there for Australia and Lao People's Democratic Republic?
- 10 years are reported by both, from 2008 to 2019.
- How do Australia and Lao People's Democratic Republic rank globally for total expenditure (central government) — value us$, 2015 prices?
- Australia ranks 10th and Lao People's Democratic Republic ranks 9th of 173 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Total Expenditure (central government) — Value US$, 2015 prices. 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.