Total Expenditure (general government) — Value Standard Local Currency in Cook Islands
Cook Islands: Total Expenditure (general government) — Value Standard Local Currency was 226.13 million SLC in 2022. ▲ Rising
Total Expenditure (general government) — Value Standard Local Currency in Cook Islands, 2005–2022
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Cook Islands recorded 226.13 million SLC for total expenditure (general government) — value standard local currency in 2022.
That represents a change of down 22.8% on the previous year and up 80.3% over ten years.
Over the whole period, total expenditure (general government) — value standard local currency in Cook Islands peaked at 292.82 million SLC in 2021 and was at its lowest, 86.4 million SLC, in 2005.
That places Cook Islands 112th out of 114 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Total Expenditure (general government) — Value Standard Local Currency in Cook Islands, year by year
| Year | million SLC | Change |
|---|---|---|
| 2005 | 86.4 million SLC | — |
| 2006 | 96.19 million SLC | +11.3% |
| 2007 | 92.77 million SLC | -3.6% |
| 2008 | 95.71 million SLC | +3.2% |
| 2009 | 100.84 million SLC | +5.4% |
| 2010 | 113.4 million SLC | +12.5% |
| 2011 | 123.22 million SLC | +8.7% |
| 2012 | 125.4 million SLC | +1.8% |
| 2013 | 125.03 million SLC | -0.3% |
| 2014 | 160.61 million SLC | +28.5% |
| 2015 | 205.75 million SLC | +28.1% |
| 2016 | 168.27 million SLC | -18.2% |
| 2017 | 146.25 million SLC | -13.1% |
| 2018 | 207.29 million SLC | +41.7% |
| 2019 | 201.96 million SLC | -2.6% |
| 2020 | 253.64 million SLC | +25.6% |
| 2021 | 292.82 million SLC | +15.4% |
| 2022 | 226.13 million SLC | -22.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 94.38 million SLC | 86.4 million SLC | 100.84 million SLC | 5 |
| 2010s | 157.72 million SLC | 113.4 million SLC | 207.29 million SLC | 10 |
| 2020s | 257.53 million SLC | 226.13 million SLC | 292.82 million SLC | 3 |
Countries ranked near Cook Islands
More economy & growth data for Cook Islands
- Gross Fixed Capital Formation Deflator — Value Standard Local 118.49 SLC (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 528.49 million SLC (2024)
- Gross Domestic Product — Value US$ per capita 27,388 USD (2024)
- Gross Domestic Product — Value US$ 376.02 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 18.08 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 18.2 % (2024)
- GDP Deflator — Value Standard Local Currency, 2015 prices 117.66 SLC (2024)
- GDP Deflator — Value US$, 2015 prices 102.03 USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 3.26 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 0.9174 % (2024)
Frequently asked questions
- What is total expenditure (general government) — value standard local currency in Cook Islands?
- Total expenditure (general government) — value standard local currency in Cook Islands was 226.13 million SLC in 2022, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (general government) — value standard local currency recorded in Cook Islands?
- The highest recorded value was 292.82 million SLC in 2021.
- What is the lowest total expenditure (general government) — value standard local currency recorded in Cook Islands?
- The lowest recorded value was 86.4 million SLC in 2005.
- How does Cook Islands rank for total expenditure (general government) — value standard local currency?
- Cook Islands ranks 112th out of 114 countries with data for 2022.
- Is total expenditure (general government) — value standard local currency rising or falling in Cook Islands?
- Over the last ten years it is up 80.3%. The long-run trend across the full record is rising.
- Where does this Cook Islands 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.
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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.