Total Expenditure (highest government level) β Value US$ in Least Developed Countries (LDCs)
Least Developed Countries (LDCs): Total Expenditure (highest government level) β Value US$ was 245,636 million USD in 2024. β² Rising
Total Expenditure (highest government level) β Value US$ in Least Developed Countries (LDCs), 2001β2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Least Developed Countries (LDCs) recorded 245,636 million USD for total expenditure (highest government level) β value us$ in 2024.
Compared with earlier readings it is up 2.8% on the previous year and up 10.1% over ten years.
Over the whole period, total expenditure (highest government level) β value us$ in Least Developed Countries (LDCs) peaked at 249,713 million USD in 2022 and was at its lowest, 30,025 million USD, in 2001.
Least Developed Countries (LDCs) ranks 16th of 26 regions on this measure, 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 | 64,560 million USD | 30,025 million USD | 115,714 million USD | 9 |
| 2010s | 185,369 million USD | 133,279 million USD | 223,040 million USD | 10 |
| 2020s | 234,311 million USD | 212,142 million USD | 249,713 million USD | 5 |
More economy & growth data for Least Developed Countries (LDCs)
- Gross Fixed Capital Formation β Share of GDP US$ 25.21 % (2024)
- Gross Fixed Capital Formation β Annual growth US$, 2015 prices 6.33 % (2024)
- Gross Fixed Capital Formation β Annual growth US$ 2.46 % (2024)
- Gross Fixed Capital Formation β Share of GDP US$, 2015 prices 31.16 % (2024)
- Gross Domestic Product β Value US$ 1.51 million million USD (2024)
- Gross Domestic Product β Value US$ per capita 1,271 USD (2024)
- Gross Domestic Product β Value US$ per capita, 2015 prices 1,183 USD (2024)
- Gross Domestic Product β Value US$, 2015 prices 1.41 million million USD (2024)
- Gross Domestic Product β Annual growth US$ per capita 3.54 % (2024)
- Gross Fixed Capital Formation β Value US$, 2015 prices 437,904 million USD (2024)
Frequently asked questions
- What is total expenditure (highest government level) β value us$ in Least Developed Countries (LDCs)?
- Total expenditure (highest government level) β value us$ in Least Developed Countries (LDCs) was 245,636 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 Least Developed Countries (LDCs)?
- The highest recorded value was 249,713 million USD in 2022.
- What is the lowest total expenditure (highest government level) β value us$ recorded in Least Developed Countries (LDCs)?
- The lowest recorded value was 30,025 million USD in 2001.
- How does Least Developed Countries (LDCs) rank for total expenditure (highest government level) β value us$?
- Least Developed Countries (LDCs) ranks 16th out of 26 regions with data for 2024.
- Is total expenditure (highest government level) β value us$ rising or falling in Least Developed Countries (LDCs)?
- Over the last ten years it is up 10.1%. The long-run trend across the full record is rising.
- Where does this Least Developed Countries (LDCs) 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.