Agriculture, Capital (central government expenditure) — Value in Australia

Australia: Agriculture, Capital (central government expenditure) — Value was -34 million SLC in 2024. ◆ Volatile

Latest (2024)
-34 million SLC
Change on year
down 154.8%
World rank
59th
of 60 countries
All-time high
417 million SLC
in 2019
All-time low
-92 million SLC
in 2021
Years of data
11
2014–2024

Agriculture, Capital (central government expenditure) — Value in Australia, 2014–2024

02004002014201920242014: 3 million SLC2015: -11 million SLC2016: 105 million SLC2017: 142 million SLC2018: 217 million SLC2019: 417 million SLC2020: -72 million SLC2021: -92 million SLC2022: 100 million SLC2023: 62 million SLC2024: -34 million SLC

Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.

Analysis

In 2024, agriculture, capital (central government expenditure) — value in Australia stood at -34 million SLC.

The figure is down 154.8% on the previous year and down 1,233.3% over ten years.

Over the whole period, agriculture, capital (central government expenditure) — value in Australia peaked at 417 million SLC in 2019 and was at its lowest, -92 million SLC, in 2021.

Australia ranks 59th of 60 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Agriculture, Capital (central government expenditure) — Value in Australia, year by year

Annual values for Agriculture, Capital (central government expenditure) — Value Standard Local Currency in Australia, 2014 to 2024.
Year million SLC Change
2014 3 million SLC
2015 -11 million SLC -466.7%
2016 105 million SLC -1054.5%
2017 142 million SLC +35.2%
2018 217 million SLC +52.8%
2019 417 million SLC +92.2%
2020 -72 million SLC -117.3%
2021 -92 million SLC +27.8%
2022 100 million SLC -208.7%
2023 62 million SLC -38.0%
2024 -34 million SLC -154.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 145.5 million SLC -11 million SLC 417 million SLC 6
2020s -7.2 million SLC -92 million SLC 100 million SLC 5

Countries ranked near Australia

  1. 56 Azerbaijan 0 million SLC compare
  2. 56 Samoa 0 million SLC compare
  3. 56 United Arab Emirates 0 million SLC
  4. 60 Poland -134 million SLC compare

See the full ranking of 63 places →

More agriculture & rural data for Australia

All data for Australia →

Frequently asked questions

What is agriculture, capital (central government expenditure) — value in Australia?
Agriculture, capital (central government expenditure) — value in Australia was -34 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest agriculture, capital (central government expenditure) — value recorded in Australia?
The highest recorded value was 417 million SLC in 2019.
What is the lowest agriculture, capital (central government expenditure) — value recorded in Australia?
The lowest recorded value was -92 million SLC in 2021.
How does Australia rank for agriculture, capital (central government expenditure) — value?
Australia ranks 59th out of 60 countries with data for 2024.
Is agriculture, capital (central government expenditure) — value rising or falling in Australia?
Over the last ten years it is down 1,233.3%. The long-run trend across the full record is volatile.
Where does this Australia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Agriculture, Capital (central government expenditure) — Value Standard Local Currency. Statizoid updates them automatically from the source API.

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Agriculture, Capital (central government expenditure) — Value in Australia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 07 September 2026, from https://agriculture.statizoid.com/stat/agriculture-capital-central-government-expenditure-value-standard-local-currency/australia/

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About this data

Indicator
Agriculture, Capital (central government expenditure) — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
63 places, 753 data points, 2001–2024
Last refreshed

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.