China, Macao SAR vs Latvia: Total Expenditure (central government) — Value US$, 2015 prices
Total Expenditure (central government) — Value US$, 2015 prices over time
- China, Macao SAR
- Latvia
How they compare
China, Macao SAR currently reports 9,978 million USD against 9,027 million USD in Latvia, a difference of 951 million USD.
That makes China, Macao SAR's figure about 1.1 times Latvia's.
The two have swapped places 1 time across 23 shared years of data; in 2001 it was Latvia ahead.
China, Macao SAR ranks 83rd and Latvia ranks 86th of 173 countries.
Across the 3 decades both report, China, Macao SAR averaged higher in 2 and Latvia in 1.
Head to head by decade
| Decade | China, Macao SAR | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3,846 million USD | 4,829 million USD | 983.01 million USD | Latvia |
| 2010s | 8,884 million USD | 6,089 million USD | 2,795 million USD | China, Macao SAR |
| 2020s | 10,909 million USD | 8,404 million USD | 2,504 million USD | China, Macao SAR |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total expenditure (central government) — value us$, 2015 prices, China, Macao SAR or Latvia?
- China, Macao SAR, at 9,978 million USD against 9,027 million USD in Latvia as of 2023.
- What is the difference in total expenditure (central government) — value us$, 2015 prices between China, Macao SAR and Latvia?
- 951 million USD, with China, Macao SAR ahead.
- How many years of comparable data are there for China, Macao SAR and Latvia?
- 23 years are reported by both, from 2001 to 2023.
- How do China, Macao SAR and Latvia rank globally for total expenditure (central government) — value us$, 2015 prices?
- China, Macao SAR ranks 83rd and Latvia ranks 86th of 173 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Total Expenditure (central government) — Value US$, 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.