Total Expenditure (general government) — Value Standard Local Currency in China, mainland
China, mainland: Total Expenditure (general government) — Value Standard Local Currency was 38.49 million million SLC in 2024. ◆ Volatile
Total Expenditure (general government) — Value Standard Local Currency in China, mainland, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for total expenditure (general government) — value standard local currency in China, mainland is 38.49 million million SLC, measured in 2024. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 1.2% on the previous year and up 103.7% over ten years.
Over the whole period, total expenditure (general government) — value standard local currency in China, mainland peaked at 38.49 million million SLC in 2024 and was at its lowest, 1.89 million million SLC, in 2001.
That places China, mainland 11th out of 114 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 (general government) — Value Standard Local Currency in China, mainland, year by year
| Year | million SLC | Change |
|---|---|---|
| 2001 | 1.89 million million SLC | — |
| 2002 | 2.21 million million SLC | +16.7% |
| 2003 | 2.46 million million SLC | +11.8% |
| 2004 | 2.85 million million SLC | +15.6% |
| 2005 | 4.73 million million SLC | +65.9% |
| 2006 | 5.75 million million SLC | +21.6% |
| 2007 | 8.68 million million SLC | +51.0% |
| 2008 | 8.08 million million SLC | -6.9% |
| 2009 | 9.65 million million SLC | +19.4% |
| 2010 | 11.32 million million SLC | +17.3% |
| 2011 | 13.04 million million SLC | +15.2% |
| 2012 | 15.26 million million SLC | +17.0% |
| 2013 | 17.25 million million SLC | +13.1% |
| 2014 | 18.89 million million SLC | +9.5% |
| 2015 | 21.59 million million SLC | +14.3% |
| 2016 | 23.07 million million SLC | +6.8% |
| 2017 | 25.01 million million SLC | +8.4% |
| 2018 | 28.33 million million SLC | +13.3% |
| 2019 | 31.25 million million SLC | +10.3% |
| 2020 | 34.79 million million SLC | +11.3% |
| 2021 | 34.81 million million SLC | +0.1% |
| 2022 | 37.84 million million SLC | +8.7% |
| 2023 | 38.04 million million SLC | +0.5% |
| 2024 | 38.49 million million SLC | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.14 million million SLC | 1.89 million million SLC | 9.65 million million SLC | 9 |
| 2010s | 20.50 million million SLC | 11.32 million million SLC | 31.25 million million SLC | 10 |
| 2020s | 36.79 million million SLC | 34.79 million million SLC | 38.49 million million SLC | 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 (general government) — value standard local currency in China, mainland?
- Total expenditure (general government) — value standard local currency in China, mainland was 38.49 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (general government) — value standard local currency recorded in China, mainland?
- The highest recorded value was 38.49 million million SLC in 2024.
- What is the lowest total expenditure (general government) — value standard local currency recorded in China, mainland?
- The lowest recorded value was 1.89 million million SLC in 2001.
- How does China, mainland rank for total expenditure (general government) — value standard local currency?
- China, mainland ranks 11th out of 114 countries with data for 2024.
- Is total expenditure (general government) — value standard local currency rising or falling in China, mainland?
- Over the last ten years it is up 103.7%. 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 (general government) — Value Standard Local Currency. 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.