Total Expenditure (general government) β Value US$ in Australia
Australia: Total Expenditure (general government) β Value US$ was 674,904 million USD in 2024. β² Rising
Total Expenditure (general government) β Value US$ in Australia, 2001β2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, total expenditure (general government) β value us$ in Australia stood at 674,904 million USD.
That represents a change of up 7.4% on the previous year and up 27.8% over ten years.
Over the whole period, total expenditure (general government) β value us$ in Australia peaked at 691,794 million USD in 2021 and was at its lowest, 128,754 million USD, in 2001.
That places Australia 12th out of 113 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 24 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 236,501 million USD | 128,754 million USD | 343,864 million USD | 9 |
| 2010s | 495,184 million USD | 421,976 million USD | 541,587 million USD | 10 |
| 2020s | 641,248 million USD | 573,498 million USD | 691,794 million USD | 5 |
Countries ranked near Australia
- 9 Canada 896,520 million USD compare
- 10 Russian Federation 795,585 million USD compare
- 11 Spain 782,394 million USD compare
- 13 Netherlands (Kingdom of the) 538,184 million USD compare
- 14 Mexico 464,720 million USD compare
- 15 Republic of Korea 455,417 million USD compare
More economy & growth data for Australia
- External balance on goods and services as a percent of gdp 0.5874 (2025)
- Inflation of consumer prices 2.87 (2025)
- Gdp per capita worldbank constant usd 61,369 (2025)
- Manufacturing value added to gdp 5.32 (2025)
- Gdp worldbank constant usd 1.69 trillion (2025)
- Gdp per capita in international and market dollars 61,369 (2025)
- DEC alternative conversion factor 1.55 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -521.00 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) -337.19 million current US$ (2025)
- Taxes less subsidies on products 177.87 billion current LCU (2025)
Frequently asked questions
- What is total expenditure (general government) β value us$ in Australia?
- Total expenditure (general government) β value us$ in Australia was 674,904 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (general government) β value us$ recorded in Australia?
- The highest recorded value was 691,794 million USD in 2021.
- What is the lowest total expenditure (general government) β value us$ recorded in Australia?
- The lowest recorded value was 128,754 million USD in 2001.
- How does Australia rank for total expenditure (general government) β value us$?
- Australia ranks 12th out of 113 countries with data for 2024.
- Is total expenditure (general government) β value us$ rising or falling in Australia?
- Over the last ten years it is up 27.8%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (general government) β Value US$. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 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.