Total Expenditure (general government) — Value US$ in China, Hong Kong SAR
China, Hong Kong SAR: Total Expenditure (general government) — Value US$ was 97,834 million USD in 2023. ▲ Rising
Total Expenditure (general government) — Value US$ 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 97,834 million USD for total expenditure (general government) — value us$ in 2023.
That represents a change of down 10.7% on the previous year and up 70.7% over ten years.
Over the whole period, total expenditure (general government) — value us$ in China, Hong Kong SAR peaked at 111,199 million USD in 2020 and was at its lowest, 31,950 million USD, in 2006.
China, Hong Kong SAR ranks 41st 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$ in China, Hong Kong SAR, year by year
| Year | million USD | Change |
|---|---|---|
| 2002 | 35,553 million USD | — |
| 2003 | 35,552 million USD | -0.0% |
| 2004 | 33,310 million USD | -6.3% |
| 2005 | 33,136 million USD | -0.5% |
| 2006 | 31,950 million USD | -3.6% |
| 2007 | 33,419 million USD | +4.6% |
| 2008 | 41,043 million USD | +22.8% |
| 2009 | 40,979 million USD | -0.2% |
| 2010 | 41,488 million USD | +1.2% |
| 2011 | 49,694 million USD | +19.8% |
| 2012 | 52,579 million USD | +5.8% |
| 2013 | 57,305 million USD | +9.0% |
| 2014 | 56,271 million USD | -1.8% |
| 2015 | 62,799 million USD | +11.6% |
| 2016 | 63,860 million USD | +1.7% |
| 2017 | 66,545 million USD | +4.2% |
| 2018 | 73,381 million USD | +10.3% |
| 2019 | 77,655 million USD | +5.8% |
| 2020 | 111,199 million USD | +43.2% |
| 2021 | 92,998 million USD | -16.4% |
| 2022 | 109,559 million USD | +17.8% |
| 2023 | 97,834 million USD | -10.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35,618 million USD | 31,950 million USD | 41,043 million USD | 8 |
| 2010s | 60,158 million USD | 41,488 million USD | 77,655 million USD | 10 |
| 2020s | 102,898 million USD | 92,998 million USD | 111,199 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$, 2015 prices 2.42 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 2.42 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 1.87 % (2024)
Frequently asked questions
- What is total expenditure (general government) — value us$ in China, Hong Kong SAR?
- Total expenditure (general government) — value us$ in China, Hong Kong SAR was 97,834 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (general government) — value us$ recorded in China, Hong Kong SAR?
- The highest recorded value was 111,199 million USD in 2020.
- What is the lowest total expenditure (general government) — value us$ recorded in China, Hong Kong SAR?
- The lowest recorded value was 31,950 million USD in 2006.
- How does China, Hong Kong SAR rank for total expenditure (general government) — value us$?
- China, Hong Kong SAR ranks 41st out of 114 countries with data for 2023.
- Is total expenditure (general government) — value us$ rising or falling in China, Hong Kong SAR?
- Over the last ten years it is up 70.7%. 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$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 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.