Total Expenditure (highest government level) β Value US$ in Eastern Asia
Eastern Asia: Total Expenditure (highest government level) β Value US$ was 7.62 million million USD in 2024. β² Rising
Total Expenditure (highest government level) β Value US$ in Eastern Asia, 2001β2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for total expenditure (highest government level) β value us$ in Eastern Asia is 7.62 million million USD, measured in 2024.
Compared with earlier readings it is up 0.3% on the previous year and up 37.8% over ten years.
Over the whole period, total expenditure (highest government level) β value us$ in Eastern Asia peaked at 8.19 million million USD in 2021 and was at its lowest, 2.38 million million USD, in 2002.
Eastern Asia ranks 3rd of 26 groups on this measure, in the top 10%.
The long-run direction has been consistently rising across the 24 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.80 million million USD | 2.38 million million USD | 3.82 million million USD | 9 |
| 2010s | 5.64 million million USD | 4.22 million million USD | 6.96 million million USD | 10 |
| 2020s | 7.88 million million USD | 7.60 million million USD | 8.19 million million USD | 5 |
Countries ranked near Eastern Asia
- 1 Australia and New Zealand 781,451 million USD compare
More economy & growth data for Eastern Asia
- Gross Domestic Product β Value US$ per capita 15,598 USD (2024)
- Gross Domestic Product β Annual growth US$, 2015 prices 3.12 % (2024)
- Gross Domestic Product β Annual growth US$ 4.81 % (2024)
- Gross Domestic Product β Value US$, 2015 prices 24.81 million million USD (2024)
- Gross Domestic Product β Value US$ per capita, 2015 prices 15,192 USD (2024)
- Gross Fixed Capital Formation β Share of GDP US$, 2015 prices 36.27 % (2024)
- Gross Fixed Capital Formation β Annual growth US$ 4.25 % (2024)
- Gross Fixed Capital Formation β Annual growth US$, 2015 prices 3.78 % (2024)
- Gross Domestic Product β Annual growth US$ per capita 5.06 % (2024)
- Gross Domestic Product β Value US$ 25.47 million million USD (2024)
Frequently asked questions
- What is total expenditure (highest government level) β value us$ in Eastern Asia?
- Total expenditure (highest government level) β value us$ in Eastern Asia was 7.62 million 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 Eastern Asia?
- The highest recorded value was 8.19 million million USD in 2021.
- What is the lowest total expenditure (highest government level) β value us$ recorded in Eastern Asia?
- The lowest recorded value was 2.38 million million USD in 2002.
- How does Eastern Asia rank for total expenditure (highest government level) β value us$?
- Eastern Asia ranks 3rd out of 26 groups with data for 2024.
- Is total expenditure (highest government level) β value us$ rising or falling in Eastern Asia?
- Over the last ten years it is up 37.8%. The long-run trend across the full record is rising.
- Where does this Eastern 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) 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.