Total Expenditure (highest government level) — Value US$, 2015 prices in Oceania excluding Australia and New Zealand

Oceania excluding Australia and New Zealand: Total Expenditure (highest government level) — Value US$, 2015 prices was 12,770 million USD in 2024. ▲ Rising

Latest (2024)
12,770 million USD
Change on year
down 0.3%
Rank
33rd
of 33 groups
All-time high
12,924 million USD
in 2020
All-time low
6,351 million USD
in 2003
Years of data
24
2001–2024

Total Expenditure (highest government level) — Value US$, 2015 prices in Oceania excluding Australia and New Zealand, 2001–2024

05.0k10.0k15.0k2001201220242001: 6.6k million USD2002: 6.7k million USD2003: 6.4k million USD2004: 7.1k million USD2005: 8.4k million USD2006: 7.8k million USD2007: 8.2k million USD2008: 8.5k million USD2009: 8.7k million USD2010: 9.0k million USD2011: 10.7k million USD2012: 9.9k million USD2013: 10.8k million USD2014: 10.9k million USD2015: 11.5k million USD2016: 10.9k million USD2017: 11.6k million USD2018: 11.7k million USD2019: 12.6k million USD2020: 12.9k million USD2021: 12.0k million USD2022: 12.7k million USD2023: 12.8k million USD2024: 12.8k million USD

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 Oceania excluding Australia and New Zealand is 12,770 million USD, measured in 2024.

The figure is down 0.3% on the previous year and up 17.0% over ten years.

Over the whole period, total expenditure (highest government level) — value us$, 2015 prices in Oceania excluding Australia and New Zealand peaked at 12,924 million USD in 2020 and was at its lowest, 6,351 million USD, in 2003.

Oceania excluding Australia and New Zealand ranks 33rd 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.

Total Expenditure (highest government level) — Value US$, 2015 prices in Oceania excluding Australia and New Zealand, year by year

Annual values for Total Expenditure (highest government level) — Value US$, 2015 prices in Oceania excluding Australia and New Zealand, 2001 to 2024.
Year million USD Change
2001 6,578 million USD
2002 6,735 million USD +2.4%
2003 6,351 million USD -5.7%
2004 7,144 million USD +12.5%
2005 8,423 million USD +17.9%
2006 7,801 million USD -7.4%
2007 8,156 million USD +4.6%
2008 8,468 million USD +3.8%
2009 8,697 million USD +2.7%
2010 8,961 million USD +3.0%
2011 10,672 million USD +19.1%
2012 9,863 million USD -7.6%
2013 10,754 million USD +9.0%
2014 10,919 million USD +1.5%
2015 11,477 million USD +5.1%
2016 10,924 million USD -4.8%
2017 11,643 million USD +6.6%
2018 11,745 million USD +0.9%
2019 12,625 million USD +7.5%
2020 12,924 million USD +2.4%
2021 12,037 million USD -6.9%
2022 12,661 million USD +5.2%
2023 12,810 million USD +1.2%
2024 12,770 million USD -0.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 7,595 million USD 6,351 million USD 8,697 million USD 9
2010s 10,958 million USD 8,961 million USD 12,625 million USD 10
2020s 12,640 million USD 12,037 million USD 12,924 million USD 5

More economy & growth data for Oceania excluding Australia and New Zealand

All data for Oceania excluding Australia and New Zealand →

Frequently asked questions

What is total expenditure (highest government level) — value us$, 2015 prices in Oceania excluding Australia and New Zealand?
Total expenditure (highest government level) — value us$, 2015 prices in Oceania excluding Australia and New Zealand was 12,770 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$, 2015 prices recorded in Oceania excluding Australia and New Zealand?
The highest recorded value was 12,924 million USD in 2020.
What is the lowest total expenditure (highest government level) — value us$, 2015 prices recorded in Oceania excluding Australia and New Zealand?
The lowest recorded value was 6,351 million USD in 2003.
How does Oceania excluding Australia and New Zealand rank for total expenditure (highest government level) — value us$, 2015 prices?
Oceania excluding Australia and New Zealand ranks 33rd out of 33 groups with data for 2024.
Is total expenditure (highest government level) — value us$, 2015 prices rising or falling in Oceania excluding Australia and New Zealand?
Over the last ten years it is up 17.0%. The long-run trend across the full record is rising.
Where does this Oceania excluding Australia and New Zealand 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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Total Expenditure (highest government level) — Value US$, 2015 prices in Oceania excluding Australia and New Zealand. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 15 September 2026, from https://economy.statizoid.com/stat/total-expenditure-highest-government-level-value-us-2015-prices/oceania-excluding-australia-and-new-zealand/

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About this data

Indicator
Total Expenditure (highest government level) — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
41 places, 984 data points, 2001–2024
Last refreshed

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.