Total Expenditure (highest government level) β Value US$ in Oceania
Oceania: Total Expenditure (highest government level) β Value US$ was 796,784 million USD in 2024. β² Rising
Total Expenditure (highest government level) β Value US$ in Oceania, 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 Oceania is 796,784 million USD, measured in 2024.
That represents a change of up 7.0% on the previous year and up 29.6% over ten years.
Over the whole period, total expenditure (highest government level) β value us$ in Oceania peaked at 802,786 million USD in 2021 and was at its lowest, 155,857 million USD, in 2001.
Oceania ranks 21st of 36 groups 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 | 281,124 million USD | 155,857 million USD | 399,781 million USD | 9 |
| 2010s | 576,290 million USD | 488,208 million USD | 623,062 million USD | 10 |
| 2020s | 754,205 million USD | 674,388 million USD | 802,786 million USD | 5 |
More economy & growth data for Oceania
- GDP Deflator β Value US$, 2015 prices 120.42 USD (2024)
- Gross Fixed Capital Formation Deflator β Value US$, 2015 prices 116.51 USD (2024)
- Value Added Deflator (Manufacturing) β Value US$, 2015 prices 122.57 USD (2023)
- Total FDI inflows β Value US$, 2015 prices 27,713 million USD (2023)
- Total FDI inflows β Value US$ 33,903 million USD (2023)
- Total FDI outflows β Value US$ 9,718 million USD (2023)
- Total FDI outflows β Value US$, 2015 prices 7,820 million USD (2023)
- Prevalence of unaffordability (PUA) β Value β July 2026 5 % (2025)
- Number of people unable to afford a healthy diet (NUA) β Value β July 2.3 million No (2025)
- Consumer Prices, General Indices (2015 = 100), median β Value 135.78 (2026)
Frequently asked questions
- What is total expenditure (highest government level) β value us$ in Oceania?
- Total expenditure (highest government level) β value us$ in Oceania was 796,784 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 Oceania?
- The highest recorded value was 802,786 million USD in 2021.
- What is the lowest total expenditure (highest government level) β value us$ recorded in Oceania?
- The lowest recorded value was 155,857 million USD in 2001.
- How does Oceania rank for total expenditure (highest government level) β value us$?
- Oceania ranks 21st out of 36 groups with data for 2024.
- Is total expenditure (highest government level) β value us$ rising or falling in Oceania?
- Over the last ten years it is up 29.6%. The long-run trend across the full record is rising.
- Where does this Oceania 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.