Total Expenditure (highest government level) — Value US$ in Southern Europe
Southern Europe: Total Expenditure (highest government level) — Value US$ was 2.38 million million USD in 2024. ▲ Rising
Total Expenditure (highest government level) — Value US$ in Southern Europe, 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$ in Southern Europe is 2.38 million million USD, measured in 2024. That is the highest value across all 24 years on record.
That represents a change of up 2.0% on the previous year and up 16.1% over ten years.
Over the whole period, total expenditure (highest government level) — value us$ in Southern Europe peaked at 2.38 million million USD in 2024 and was at its lowest, 932,105 million USD, in 2001.
Southern Europe ranks 11th of 33 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.
Total Expenditure (highest government level) — Value US$ in Southern Europe, year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 932,105 million USD | — |
| 2002 | 1.03 million million USD | +10.0% |
| 2003 | 1.29 million million USD | +26.2% |
| 2004 | 1.50 million million USD | +16.0% |
| 2005 | 1.57 million million USD | +4.4% |
| 2006 | 1.69 million million USD | +8.0% |
| 2007 | 1.94 million million USD | +14.8% |
| 2008 | 2.21 million million USD | +13.9% |
| 2009 | 2.19 million million USD | -0.9% |
| 2010 | 2.08 million million USD | -5.3% |
| 2011 | 2.17 million million USD | +4.7% |
| 2012 | 2.03 million million USD | -6.5% |
| 2013 | 2.07 million million USD | +1.8% |
| 2014 | 2.05 million million USD | -1.2% |
| 2015 | 1.72 million million USD | -15.7% |
| 2016 | 1.71 million million USD | -1.0% |
| 2017 | 1.77 million million USD | +3.9% |
| 2018 | 1.90 million million USD | +7.3% |
| 2019 | 1.85 million million USD | -2.4% |
| 2020 | 2.07 million million USD | +11.8% |
| 2021 | 2.30 million million USD | +11.0% |
| 2022 | 2.16 million million USD | -6.0% |
| 2023 | 2.33 million million USD | +7.7% |
| 2024 | 2.38 million million USD | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.60 million million USD | 932,105 million USD | 2.21 million million USD | 9 |
| 2010s | 1.94 million million USD | 1.71 million million USD | 2.17 million million USD | 10 |
| 2020s | 2.25 million million USD | 2.07 million million USD | 2.38 million million USD | 5 |
More economy & growth data for Southern Europe
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 117.6 USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 1.82 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 3.1 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 21.32 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 20.85 % (2024)
- Gross Domestic Product — Value US$ 5.03 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 33,234 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 27,640 USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.86 % (2024)
- GDP Deflator — Value US$, 2015 prices 120.24 USD (2024)
Frequently asked questions
- What is total expenditure (highest government level) — value us$ in Southern Europe?
- Total expenditure (highest government level) — value us$ in Southern Europe was 2.38 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$ recorded in Southern Europe?
- The highest recorded value was 2.38 million million USD in 2024.
- What is the lowest total expenditure (highest government level) — value us$ recorded in Southern Europe?
- The lowest recorded value was 932,105 million USD in 2001.
- How does Southern Europe rank for total expenditure (highest government level) — value us$?
- Southern Europe ranks 11th out of 33 groups with data for 2024.
- Is total expenditure (highest government level) — value us$ rising or falling in Southern Europe?
- Over the last ten years it is up 16.1%. The long-run trend across the full record is rising.
- Where does this Southern Europe 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$. 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.