Asia vs Australia and New Zealand: Total Expenditure (highest government level) — Value US$, 2015 prices
Total Expenditure (highest government level) — Value US$, 2015 prices over time
- Asia
- Australia and New Zealand
How they compare
Asia currently reports 10.71 million million USD against 648,980 million USD in Australia and New Zealand, a difference of 10.06 million million USD.
That makes Asia's figure about 16.5 times Australia and New Zealand's.
Across all 24 years both countries report, Asia has been ahead every year.
Asia ranks 1st and Australia and New Zealand ranks 1st of 7 groups.
Asia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Asia | Australia and New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.48 million million USD | 355,493 million USD | 4.12 million million USD | Asia |
| 2010s | 7.62 million million USD | 493,117 million USD | 7.13 million million USD | Asia |
| 2020s | 10.59 million million USD | 631,737 million USD | 9.96 million million USD | Asia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total expenditure (highest government level) — value us$, 2015 prices, Asia or Australia and New Zealand?
- Asia, at 10.71 million million USD against 648,980 million USD in Australia and New Zealand as of 2024.
- What is the difference in total expenditure (highest government level) — value us$, 2015 prices between Asia and Australia and New Zealand?
- 10.06 million million USD, with Asia ahead.
- How many years of comparable data are there for Asia and Australia and New Zealand?
- 24 years are reported by both, from 2001 to 2024.
- How do Asia and Australia and New Zealand rank globally for total expenditure (highest government level) — value us$, 2015 prices?
- Asia ranks 1st and Australia and New Zealand ranks 1st of 7 groups.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Total Expenditure (highest government level) — Value US$, 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.