Total Expenditure (highest government level) — Value US$, 2015 prices in Southern Asia
Southern Asia: Total Expenditure (highest government level) — Value US$, 2015 prices was 1.16 million million USD in 2024. ▲ Rising
Total Expenditure (highest government level) — Value US$, 2015 prices in Southern Asia, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for total expenditure (highest government level) — value us$, 2015 prices in Southern Asia is 1.16 million million USD, measured in 2024. That is the highest value across all 24 years on record.
The figure is up 1.9% on the previous year and up 88.4% over ten years.
Over the whole period, total expenditure (highest government level) — value us$, 2015 prices in Southern Asia peaked at 1.16 million million USD in 2024 and was at its lowest, 354,414 million USD, in 2001.
That places Southern Asia 18th out of 33 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Total Expenditure (highest government level) — Value US$, 2015 prices in Southern Asia, year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 354,414 million USD | — |
| 2002 | 376,910 million USD | +6.3% |
| 2003 | 393,965 million USD | +4.5% |
| 2004 | 413,282 million USD | +4.9% |
| 2005 | 460,670 million USD | +11.5% |
| 2006 | 505,017 million USD | +9.6% |
| 2007 | 528,791 million USD | +4.7% |
| 2008 | 600,646 million USD | +13.6% |
| 2009 | 629,407 million USD | +4.8% |
| 2010 | 657,571 million USD | +4.5% |
| 2011 | 649,730 million USD | -1.2% |
| 2012 | 560,881 million USD | -13.7% |
| 2013 | 571,831 million USD | +2.0% |
| 2014 | 618,275 million USD | +8.1% |
| 2015 | 679,913 million USD | +10.0% |
| 2016 | 731,216 million USD | +7.5% |
| 2017 | 795,747 million USD | +8.8% |
| 2018 | 823,203 million USD | +3.5% |
| 2019 | 928,738 million USD | +12.8% |
| 2020 | 1.10 million million USD | +18.5% |
| 2021 | 1.03 million million USD | -6.6% |
| 2022 | 1.05 million million USD | +2.5% |
| 2023 | 1.14 million million USD | +8.5% |
| 2024 | 1.16 million million USD | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 473,678 million USD | 354,414 million USD | 629,407 million USD | 9 |
| 2010s | 701,710 million USD | 560,881 million USD | 928,738 million USD | 10 |
| 2020s | 1.10 million million USD | 1.03 million million USD | 1.16 million million USD | 5 |
More economy & growth data for Southern Asia
- Gross Domestic Product — Value US$, 2015 prices 5.00 million million USD (2024)
- Gross Fixed Capital Formation — Value US$ 1.55 million million USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 5.58 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 8.34 % (2024)
- Gross Domestic Product — Annual growth US$ 9.45 % (2024)
- Gross Domestic Product — Value US$ per capita 2,572 USD (2024)
- Gross Domestic Product — Value US$ 5.31 million million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 5.42 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 4.51 % (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 2,420 USD (2024)
Frequently asked questions
- What is total expenditure (highest government level) — value us$, 2015 prices in Southern Asia?
- Total expenditure (highest government level) — value us$, 2015 prices in Southern Asia was 1.16 million 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$, 2015 prices recorded in Southern Asia?
- The highest recorded value was 1.16 million million USD in 2024.
- What is the lowest total expenditure (highest government level) — value us$, 2015 prices recorded in Southern Asia?
- The lowest recorded value was 354,414 million USD in 2001.
- How does Southern Asia rank for total expenditure (highest government level) — value us$, 2015 prices?
- Southern Asia ranks 18th out of 33 groups with data for 2024.
- Is total expenditure (highest government level) — value us$, 2015 prices rising or falling in Southern Asia?
- Over the last ten years it is up 88.4%. The long-run trend across the full record is rising.
- Where does this Southern Asia 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.