China, Hong Kong SAR vs New Zealand: Total Expenditure (general government) — Value US$, 2015 prices
Total Expenditure (general government) — Value US$, 2015 prices over time
- China, Hong Kong SAR
- New Zealand
How they compare
New Zealand currently reports 92,027 million USD against 84,361 million USD in China, Hong Kong SAR, a difference of 7,666 million USD.
That makes New Zealand's figure about 1.1 times China, Hong Kong SAR's.
The two have swapped places 2 times across 15 shared years of data; in 2009 it was New Zealand ahead.
China, Hong Kong SAR ranks 40th and New Zealand ranks 38th of 114 countries.
Across the 3 decades both report, China, Hong Kong SAR averaged higher in 1 and New Zealand in 2.
Head to head by decade
| Decade | China, Hong Kong SAR | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 47,975 million USD | 59,444 million USD | 11,469 million USD | New Zealand |
| 2010s | 61,030 million USD | 65,257 million USD | 4,226 million USD | New Zealand |
| 2020s | 91,164 million USD | 86,396 million USD | 4,767 million USD | China, Hong Kong SAR |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total expenditure (general government) — value us$, 2015 prices, China, Hong Kong SAR or New Zealand?
- New Zealand, at 92,027 million USD against 84,361 million USD in China, Hong Kong SAR as of 2024.
- What is the difference in total expenditure (general government) — value us$, 2015 prices between China, Hong Kong SAR and New Zealand?
- 7,666 million USD, with New Zealand ahead.
- How many years of comparable data are there for China, Hong Kong SAR and New Zealand?
- 15 years are reported by both, from 2009 to 2023.
- How do China, Hong Kong SAR and New Zealand rank globally for total expenditure (general government) — value us$, 2015 prices?
- China, Hong Kong SAR ranks 40th and New Zealand ranks 38th of 114 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Total Expenditure (general government) — Value US$, 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.