Total Expenditure (general government) — Value US$, 2015 prices in China, Hong Kong SAR
China, Hong Kong SAR: Total Expenditure (general government) — Value US$, 2015 prices was 84,361 million USD in 2023. ▲ Rising
Total Expenditure (general government) — Value US$, 2015 prices in China, Hong Kong SAR, 2002–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
China, Hong Kong SAR recorded 84,361 million USD for total expenditure (general government) — value us$, 2015 prices in 2023.
Compared with earlier readings it is down 13.1% on the previous year and up 38.0% over ten years.
Over the whole period, total expenditure (general government) — value us$, 2015 prices in China, Hong Kong SAR peaked at 99,967 million USD in 2020 and was at its lowest, 39,007 million USD, in 2006.
China, Hong Kong SAR ranks 40th of 114 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Total Expenditure (general government) — Value US$, 2015 prices in China, Hong Kong SAR, year by year
| Year | million USD | Change |
|---|---|---|
| 2002 | 39,220 million USD | — |
| 2003 | 41,661 million USD | +6.2% |
| 2004 | 40,494 million USD | -2.8% |
| 2005 | 40,287 million USD | -0.5% |
| 2006 | 39,007 million USD | -3.2% |
| 2007 | 39,730 million USD | +1.9% |
| 2008 | 48,087 million USD | +21.0% |
| 2009 | 47,975 million USD | -0.2% |
| 2010 | 48,549 million USD | +1.2% |
| 2011 | 56,077 million USD | +15.5% |
| 2012 | 57,099 million USD | +1.8% |
| 2013 | 61,119 million USD | +7.0% |
| 2014 | 58,339 million USD | -4.5% |
| 2015 | 62,799 million USD | +7.6% |
| 2016 | 62,916 million USD | +0.2% |
| 2017 | 63,980 million USD | +1.7% |
| 2018 | 68,457 million USD | +7.0% |
| 2019 | 70,969 million USD | +3.7% |
| 2020 | 99,967 million USD | +40.9% |
| 2021 | 83,208 million USD | -16.8% |
| 2022 | 97,118 million USD | +16.7% |
| 2023 | 84,361 million USD | -13.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 42,058 million USD | 39,007 million USD | 48,087 million USD | 8 |
| 2010s | 61,030 million USD | 48,549 million USD | 70,969 million USD | 10 |
| 2020s | 91,164 million USD | 83,208 million USD | 99,967 million USD | 4 |
Countries ranked near China, Hong Kong SAR
More economy & growth data for China, Hong Kong SAR
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 18.59 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 336,715 million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 45,410 USD (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 2.61 million million SLC (2024)
- Gross Domestic Product — Value US$ per capita 54,867 USD (2024)
- Gross Domestic Product — Value US$ 406,835 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 16.04 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 2.42 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 2.42 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 1.87 % (2024)
Frequently asked questions
- What is total expenditure (general government) — value us$, 2015 prices in China, Hong Kong SAR?
- Total expenditure (general government) — value us$, 2015 prices in China, Hong Kong SAR was 84,361 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (general government) — value us$, 2015 prices recorded in China, Hong Kong SAR?
- The highest recorded value was 99,967 million USD in 2020.
- What is the lowest total expenditure (general government) — value us$, 2015 prices recorded in China, Hong Kong SAR?
- The lowest recorded value was 39,007 million USD in 2006.
- How does China, Hong Kong SAR rank for total expenditure (general government) — value us$, 2015 prices?
- China, Hong Kong SAR ranks 40th out of 114 countries with data for 2023.
- Is total expenditure (general government) — value us$, 2015 prices rising or falling in China, Hong Kong SAR?
- Over the last ten years it is up 38.0%. The long-run trend across the full record is rising.
- Where does this China, Hong Kong SAR data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (general government) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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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.