Total Expenditure (highest government level) — Value US$, 2015 prices in Africa
Africa: Total Expenditure (highest government level) — Value US$, 2015 prices was 656,764 million USD in 2024. ▲ Rising
Total Expenditure (highest government level) — Value US$, 2015 prices in Africa, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Africa recorded 656,764 million USD for total expenditure (highest government level) — value us$, 2015 prices in 2024. That is the highest value across all 24 years on record.
That represents a change of up 3.7% on the previous year and up 15.8% over ten years.
Over the whole period, total expenditure (highest government level) — value us$, 2015 prices in Africa peaked at 656,764 million USD in 2024 and was at its lowest, 243,226 million USD, in 2001.
That places Africa 22nd out of 33 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Total Expenditure (highest government level) — Value US$, 2015 prices in Africa, year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 243,226 million USD | — |
| 2002 | 275,550 million USD | +13.3% |
| 2003 | 290,124 million USD | +5.3% |
| 2004 | 296,351 million USD | +2.1% |
| 2005 | 316,525 million USD | +6.8% |
| 2006 | 336,253 million USD | +6.2% |
| 2007 | 360,168 million USD | +7.1% |
| 2008 | 418,275 million USD | +16.1% |
| 2009 | 423,212 million USD | +1.2% |
| 2010 | 443,482 million USD | +4.8% |
| 2011 | 481,546 million USD | +8.6% |
| 2012 | 479,896 million USD | -0.3% |
| 2013 | 540,599 million USD | +12.6% |
| 2014 | 567,108 million USD | +4.9% |
| 2015 | 552,116 million USD | -2.6% |
| 2016 | 542,686 million USD | -1.7% |
| 2017 | 538,481 million USD | -0.8% |
| 2018 | 588,286 million USD | +9.2% |
| 2019 | 594,362 million USD | +1.0% |
| 2020 | 617,418 million USD | +3.9% |
| 2021 | 604,915 million USD | -2.0% |
| 2022 | 624,288 million USD | +3.2% |
| 2023 | 633,631 million USD | +1.5% |
| 2024 | 656,764 million USD | +3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 328,854 million USD | 243,226 million USD | 423,212 million USD | 9 |
| 2010s | 532,856 million USD | 443,482 million USD | 594,362 million USD | 10 |
| 2020s | 627,403 million USD | 604,915 million USD | 656,764 million USD | 5 |
More economy & growth data for Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.26 Percent per annum (2028)
- Gross Domestic Product — Annual growth US$ per capita 7.84 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.04 million million USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 2.89 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.5509 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 19.18 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ -6.42 % (2024)
- Gross Fixed Capital Formation — Value US$ 594,014 million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 668,776 million USD (2024)
Frequently asked questions
- What is total expenditure (highest government level) — value us$, 2015 prices in Africa?
- Total expenditure (highest government level) — value us$, 2015 prices in Africa was 656,764 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (highest government level) — value us$, 2015 prices recorded in Africa?
- The highest recorded value was 656,764 million USD in 2024.
- What is the lowest total expenditure (highest government level) — value us$, 2015 prices recorded in Africa?
- The lowest recorded value was 243,226 million USD in 2001.
- How does Africa rank for total expenditure (highest government level) — value us$, 2015 prices?
- Africa ranks 22nd out of 33 groups with data for 2024.
- Is total expenditure (highest government level) — value us$, 2015 prices rising or falling in Africa?
- Over the last ten years it is up 15.8%. The long-run trend across the full record is rising.
- Where does this Africa data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (highest government level) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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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.