Total Expenditure (central government) — Value US$ in China, Macao SAR
China, Macao SAR: Total Expenditure (central government) — Value US$ was 11,296 million USD in 2023. ◆ Volatile
Total Expenditure (central government) — Value US$ in China, Macao SAR, 2001–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
China, Macao SAR recorded 11,296 million USD for total expenditure (central government) — value us$ in 2023.
The figure is down 11.7% on the previous year and up 60.8% over ten years.
Over the whole period, total expenditure (central government) — value us$ in China, Macao SAR peaked at 12,789 million USD in 2022 and was at its lowest, 1,155 million USD, in 2001.
That places China, Macao SAR 86th out of 173 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total Expenditure (central government) — Value US$ in China, Macao SAR, year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 1,155 million USD | — |
| 2002 | 1,276 million USD | +10.5% |
| 2003 | 1,468 million USD | +15.1% |
| 2004 | 1,692 million USD | +15.2% |
| 2005 | 1,996 million USD | +17.9% |
| 2006 | 2,234 million USD | +11.9% |
| 2007 | 2,392 million USD | +7.1% |
| 2008 | 3,307 million USD | +38.2% |
| 2009 | 4,330 million USD | +30.9% |
| 2010 | 5,074 million USD | +17.2% |
| 2011 | 5,994 million USD | +18.1% |
| 2012 | 6,925 million USD | +15.5% |
| 2013 | 7,023 million USD | +1.4% |
| 2014 | 8,410 million USD | +19.7% |
| 2015 | 9,970 million USD | +18.6% |
| 2016 | 10,263 million USD | +2.9% |
| 2017 | 9,581 million USD | -6.6% |
| 2018 | 10,177 million USD | +6.2% |
| 2019 | 10,158 million USD | -0.2% |
| 2020 | 12,342 million USD | +21.5% |
| 2021 | 11,313 million USD | -8.3% |
| 2022 | 12,789 million USD | +13.0% |
| 2023 | 11,296 million USD | -11.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2,206 million USD | 1,155 million USD | 4,330 million USD | 9 |
| 2010s | 8,358 million USD | 5,074 million USD | 10,263 million USD | 10 |
| 2020s | 11,935 million USD | 11,296 million USD | 12,789 million USD | 4 |
Countries ranked near China, Macao SAR
More economy & growth data for China, Macao SAR
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 13.6 % (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 61,119 USD (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 351,511 million SLC (2024)
- Gross Domestic Product — Value US$ per capita 69,679 USD (2024)
- Gross Domestic Product — Value US$ 50,187 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 13.76 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 13.6 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 4.61 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 2.9 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 44,022 million USD (2024)
Frequently asked questions
- What is total expenditure (central government) — value us$ in China, Macao SAR?
- Total expenditure (central government) — value us$ in China, Macao SAR was 11,296 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value us$ recorded in China, Macao SAR?
- The highest recorded value was 12,789 million USD in 2022.
- What is the lowest total expenditure (central government) — value us$ recorded in China, Macao SAR?
- The lowest recorded value was 1,155 million USD in 2001.
- How does China, Macao SAR rank for total expenditure (central government) — value us$?
- China, Macao SAR ranks 86th out of 173 countries with data for 2023.
- Is total expenditure (central government) — value us$ rising or falling in China, Macao SAR?
- Over the last ten years it is up 60.8%. The long-run trend across the full record is volatile.
- Where does this China, Macao SAR 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$. Statizoid updates them automatically from the source API.
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CSV · JSON — 23 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.