Total Expenditure (central government) — Value US$ in China, mainland
China, mainland: Total Expenditure (central government) — Value US$ was 1.96 million million USD in 2024. ◆ Volatile
Total Expenditure (central government) — Value US$ in China, mainland, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, total expenditure (central government) — value us$ in China, mainland stood at 1.96 million million USD.
That represents a change of down 3.6% on the previous year and up 51.2% over ten years.
Over the whole period, total expenditure (central government) — value us$ in China, mainland peaked at 2.07 million million USD in 2022 and was at its lowest, 166,919 million USD, in 2001.
That places China, mainland 1st out of 173 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Total Expenditure (central government) — Value US$ in China, mainland, year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 166,919 million USD | — |
| 2002 | 171,186 million USD | +2.6% |
| 2003 | 189,851 million USD | +10.9% |
| 2004 | 231,105 million USD | +21.7% |
| 2005 | 313,191 million USD | +35.5% |
| 2006 | 325,606 million USD | +4.0% |
| 2007 | 617,368 million USD | +89.6% |
| 2008 | 572,971 million USD | -7.2% |
| 2009 | 697,993 million USD | +21.8% |
| 2010 | 759,882 million USD | +8.9% |
| 2011 | 916,479 million USD | +20.6% |
| 2012 | 1.06 million million USD | +15.9% |
| 2013 | 1.16 million million USD | +9.4% |
| 2014 | 1.30 million million USD | +11.5% |
| 2015 | 1.36 million million USD | +4.8% |
| 2016 | 1.36 million million USD | +0.3% |
| 2017 | 1.45 million million USD | +6.7% |
| 2018 | 1.61 million million USD | +10.6% |
| 2019 | 1.64 million million USD | +2.1% |
| 2020 | 1.76 million million USD | +7.5% |
| 2021 | 1.88 million million USD | +6.5% |
| 2022 | 2.07 million million USD | +10.4% |
| 2023 | 2.03 million million USD | -2.0% |
| 2024 | 1.96 million million USD | -3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 365,132 million USD | 166,919 million USD | 697,993 million USD | 9 |
| 2010s | 1.26 million million USD | 759,882 million USD | 1.64 million million USD | 10 |
| 2020s | 1.94 million million USD | 1.76 million million USD | 2.07 million million USD | 5 |
Countries ranked near China, mainland
More economy & growth data for China, mainland
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 40.34 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 4.29 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 56.10 million million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 7.79 million million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 44.89 million million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 7.21 million million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 40.83 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 5.95 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 4.06 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 7.65 % (2024)
Frequently asked questions
- What is total expenditure (central government) — value us$ in China, mainland?
- Total expenditure (central government) — value us$ in China, mainland was 1.96 million million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value us$ recorded in China, mainland?
- The highest recorded value was 2.07 million million USD in 2022.
- What is the lowest total expenditure (central government) — value us$ recorded in China, mainland?
- The lowest recorded value was 166,919 million USD in 2001.
- How does China, mainland rank for total expenditure (central government) — value us$?
- China, mainland ranks 1st out of 173 countries with data for 2024.
- Is total expenditure (central government) — value us$ rising or falling in China, mainland?
- Over the last ten years it is up 51.2%. The long-run trend across the full record is volatile.
- Where does this China, mainland 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 — 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.