Total Expenditure (highest government level) — Value US$, 2015 prices in Caribbean
Caribbean: Total Expenditure (highest government level) — Value US$, 2015 prices was 77,092 million USD in 2024. ▲ Rising
Total Expenditure (highest government level) — Value US$, 2015 prices in Caribbean, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for total expenditure (highest government level) — value us$, 2015 prices in Caribbean is 77,092 million USD, measured in 2024.
That represents a change of down 28.2% on the previous year and down 29.7% over ten years.
Over the whole period, total expenditure (highest government level) — value us$, 2015 prices in Caribbean peaked at 116,450 million USD in 2017 and was at its lowest, 60,764 million USD, in 2001.
Caribbean ranks 32nd of 33 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 81,168 million USD | 60,764 million USD | 98,712 million USD | 9 |
| 2010s | 109,008 million USD | 99,493 million USD | 116,450 million USD | 10 |
| 2020s | 103,330 million USD | 77,092 million USD | 115,363 million USD | 5 |
More economy & growth data for Caribbean
- Gross Domestic Product — Annual growth US$, 2015 prices 3.07 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 2.13 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 16.77 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 15.55 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 64,099 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 92,184 million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 2.59 % (2024)
- Gross Domestic Product — Value US$ per capita 13,606 USD (2024)
- Gross Domestic Product — Value US$ 592,877 million USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 382,272 million USD (2024)
Frequently asked questions
- What is total expenditure (highest government level) — value us$, 2015 prices in Caribbean?
- Total expenditure (highest government level) — value us$, 2015 prices in Caribbean was 77,092 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (highest government level) — value us$, 2015 prices recorded in Caribbean?
- The highest recorded value was 116,450 million USD in 2017.
- What is the lowest total expenditure (highest government level) — value us$, 2015 prices recorded in Caribbean?
- The lowest recorded value was 60,764 million USD in 2001.
- How does Caribbean rank for total expenditure (highest government level) — value us$, 2015 prices?
- Caribbean ranks 32nd out of 33 groups with data for 2024.
- Is total expenditure (highest government level) — value us$, 2015 prices rising or falling in Caribbean?
- Over the last ten years it is down 29.7%. The long-run trend across the full record is rising.
- Where does this Caribbean data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (highest government level) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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.