Australia and New Zealand vs Europe: Total Expenditure (highest government level) — Value US$
Total Expenditure (highest government level) — Value US$ over time
- Australia and New Zealand
- Europe
How they compare
Europe currently reports 12.82 million million USD against 781,451 million USD in Australia and New Zealand, a difference of 12.04 million million USD.
That makes Europe's figure about 16.4 times Australia and New Zealand's.
Across all 24 years both countries report, Europe has been ahead every year.
Australia and New Zealand ranks 1st and Europe ranks 4th of 1 countries.
Europe has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Australia and New Zealand | Europe | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 275,024 million USD | 7.27 million million USD | 6.99 million million USD | Europe |
| 2010s | 564,569 million USD | 9.64 million million USD | 9.07 million million USD | Europe |
| 2020s | 739,670 million USD | 11.77 million million USD | 11.03 million million USD | Europe |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total expenditure (highest government level) — value us$, Australia and New Zealand or Europe?
- Europe, at 12.82 million million USD against 781,451 million USD in Australia and New Zealand as of 2024.
- What is the difference in total expenditure (highest government level) — value us$ between Australia and New Zealand and Europe?
- 12.04 million million USD, with Europe ahead.
- How many years of comparable data are there for Australia and New Zealand and Europe?
- 24 years are reported by both, from 2001 to 2024.
- How do Australia and New Zealand and Europe rank globally for total expenditure (highest government level) — value us$?
- Australia and New Zealand ranks 1st and Europe ranks 4th of 1 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Total Expenditure (highest government level) — Value US$. 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.