Total Expenditure (highest government level) β Value US$ in Africa
Africa: Total Expenditure (highest government level) β Value US$ was 617,489 million USD in 2024. β² Rising
Total Expenditure (highest government level) β Value US$ in Africa, 2001β2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, total expenditure (highest government level) β value us$ in Africa stood at 617,489 million USD.
Compared with earlier readings it is down 0.4% on the previous year and down 5.2% over ten years.
Over the whole period, total expenditure (highest government level) β value us$ in Africa peaked at 651,948 million USD in 2022 and was at its lowest, 133,616 million USD, in 2001.
That places Africa 12th out of 26 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 261,383 million USD | 133,616 million USD | 415,253 million USD | 9 |
| 2010s | 555,468 million USD | 464,966 million USD | 651,126 million USD | 10 |
| 2020s | 620,429 million USD | 584,437 million USD | 651,948 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 β Annual growth US$ per capita 7.84 % (2024)
- Gross Domestic Product β Value US$, 2015 prices 3.04 million million USD (2024)
- Gross Domestic Product β Annual growth US$, 2015 prices 2.89 % (2024)
- Gross Domestic Product β Annual growth US$ per capita, 2015 prices 0.5509 % (2024)
- Gross Fixed Capital Formation β Share of GDP US$ 19.18 % (2024)
- Gross Fixed Capital Formation β Annual growth US$ -6.42 % (2024)
- Gross Fixed Capital Formation β Value US$ 594,014 million USD (2024)
- Gross Fixed Capital Formation β Value US$, 2015 prices 668,776 million USD (2024)
Frequently asked questions
- What is total expenditure (highest government level) β value us$ in Africa?
- Total expenditure (highest government level) β value us$ in Africa was 617,489 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (highest government level) β value us$ recorded in Africa?
- The highest recorded value was 651,948 million USD in 2022.
- What is the lowest total expenditure (highest government level) β value us$ recorded in Africa?
- The lowest recorded value was 133,616 million USD in 2001.
- How does Africa rank for total expenditure (highest government level) β value us$?
- Africa ranks 12th out of 26 groups with data for 2024.
- Is total expenditure (highest government level) β value us$ rising or falling in Africa?
- Over the last ten years it is down 5.2%. 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) β Value US$. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 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.