China, mainland vs Italy: Total Expenditure (central government) — Value US$

China, mainland
1.96 million million USD
in 2024
Italy
773,926 million USD
in 2024
China, mainland rank
1st
Italy rank
4th

Total Expenditure (central government) — Value US$ over time

  • China, mainland
  • Italy
0500.0k1.0M1.5M2.0M200120122024

How they compare

China, mainland currently reports 1.96 million million USD against 773,926 million USD in Italy, a difference of 1.19 million million USD.

That makes China, mainland's figure about 2.5 times Italy's.

The two have swapped places 3 times across 24 shared years of data; in 2001 it was Italy ahead.

China, mainland ranks 1st and Italy ranks 4th of 173 countries.

Across the 3 decades both report, China, mainland averaged higher in 2 and Italy in 1.

Head to head by decade

Decade China, mainland Italy Difference Ahead
2000s 365,132 million USD 519,266 million USD 154,134 million USD Italy
2010s 1.26 million million USD 619,018 million USD 642,765 million USD China, mainland
2020s 1.94 million million USD 777,353 million USD 1.16 million million USD China, mainland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total expenditure (central government) — value us$, China, mainland or Italy?
China, mainland, at 1.96 million million USD against 773,926 million USD in Italy as of 2024.
What is the difference in total expenditure (central government) — value us$ between China, mainland and Italy?
1.19 million million USD, with China, mainland ahead.
How many years of comparable data are there for China, mainland and Italy?
24 years are reported by both, from 2001 to 2024.
How do China, mainland and Italy rank globally for total expenditure (central government) — value us$?
China, mainland ranks 1st and Italy ranks 4th of 173 countries.
Where does this data come from?
Food and Agriculture Organization of the United Nations, published as Total Expenditure (central government) — Value US$. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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China, mainland vs Italy: Total Expenditure (central government) — Value US$. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 03 September 2026, from https://economy.statizoid.com/compare/total-expenditure-central-government-value-us/china-mainland/italy/

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About this data

Indicator
Total Expenditure (central government) — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
188 places, 3,857 data points, 2001–2024
Last refreshed

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.