Total Expenditure (central government) — Value US$, 2015 prices in Australia
Australia: Total Expenditure (central government) — Value US$, 2015 prices was 393,801 million USD in 2024. ▲ Rising
Total Expenditure (central government) — Value US$, 2015 prices in Australia, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for total expenditure (central government) — value us$, 2015 prices in Australia is 393,801 million USD, measured in 2024.
The figure is up 4.7% on the previous year and up 24.0% over ten years.
Over the whole period, total expenditure (central government) — value us$, 2015 prices in Australia peaked at 420,816 million USD in 2021 and was at its lowest, 203,383 million USD, in 2001.
Australia ranks 10th of 173 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 24 years of available data.
Total Expenditure (central government) — Value US$, 2015 prices in Australia, year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 203,383 million USD | — |
| 2002 | 212,628 million USD | +4.5% |
| 2003 | 213,270 million USD | +0.3% |
| 2004 | 220,156 million USD | +3.2% |
| 2005 | 223,867 million USD | +1.7% |
| 2006 | 224,417 million USD | +0.2% |
| 2007 | 229,574 million USD | +2.3% |
| 2008 | 235,733 million USD | +2.7% |
| 2009 | 271,095 million USD | +15.0% |
| 2010 | 266,272 million USD | -1.8% |
| 2011 | 276,916 million USD | +4.0% |
| 2012 | 294,824 million USD | +6.5% |
| 2013 | 296,265 million USD | +0.5% |
| 2014 | 317,604 million USD | +7.2% |
| 2015 | 331,301 million USD | +4.3% |
| 2016 | 327,293 million USD | -1.2% |
| 2017 | 334,024 million USD | +2.1% |
| 2018 | 336,070 million USD | +0.6% |
| 2019 | 348,966 million USD | +3.8% |
| 2020 | 398,048 million USD | +14.1% |
| 2021 | 420,816 million USD | +5.7% |
| 2022 | 375,024 million USD | -10.9% |
| 2023 | 376,131 million USD | +0.3% |
| 2024 | 393,801 million USD | +4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 226,014 million USD | 203,383 million USD | 271,095 million USD | 9 |
| 2010s | 312,954 million USD | 266,272 million USD | 348,966 million USD | 10 |
| 2020s | 392,764 million USD | 375,024 million USD | 420,816 million USD | 5 |
Countries ranked near Australia
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- GNI, Atlas method (current US$), annual growth rate 3.87 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9845 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 64,119 current US$ per person (2025)
- GNI (current US$), annual growth rate 3.11 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9722 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 63,317 current US$ per person (2025)
- GNI (current LCU), annual growth rate 4.45 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1.5 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is total expenditure (central government) — value us$, 2015 prices in Australia?
- Total expenditure (central government) — value us$, 2015 prices in Australia was 393,801 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value us$, 2015 prices recorded in Australia?
- The highest recorded value was 420,816 million USD in 2021.
- What is the lowest total expenditure (central government) — value us$, 2015 prices recorded in Australia?
- The lowest recorded value was 203,383 million USD in 2001.
- How does Australia rank for total expenditure (central government) — value us$, 2015 prices?
- Australia ranks 10th out of 173 countries with data for 2024.
- Is total expenditure (central government) — value us$, 2015 prices rising or falling in Australia?
- Over the last ten years it is up 24.0%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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.