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

Australia: Agriculture, Capital (general government expenditure) — Value was -17 million SLC in 2024. ◆ Volatile

Latest (2024)
-17 million SLC
Change on year
down 102.2%
World rank
29th
of 30 countries
All-time high
765 million SLC
in 2023
All-time low
-167 million SLC
in 2015
Years of data
11
2014–2024

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

-20002004006008002014201920242014: -5 million SLC2015: -167 million SLC2016: -10 million SLC2017: 122 million SLC2018: 188 million SLC2019: 521 million SLC2020: -64 million SLC2021: -80 million SLC2022: 63 million SLC2023: 765 million SLC2024: -17 million SLC

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

Analysis

The most recent figure for agriculture, capital (general government expenditure) — value in Australia is -17 million SLC, measured in 2024.

The figure is down 102.2% on the previous year and down 240.0% over ten years.

Over the whole period, agriculture, capital (general government expenditure) — value in Australia peaked at 765 million SLC in 2023 and was at its lowest, -167 million SLC, in 2015.

Australia ranks 29th of 30 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 (general government expenditure) — Value in Australia, year by year

Annual values for Agriculture, Capital (general government expenditure) — Value Standard Local Currency in Australia, 2014 to 2024.
Year million SLC Change
2014 -5 million SLC
2015 -167 million SLC +3240.0%
2016 -10 million SLC -94.0%
2017 122 million SLC -1320.0%
2018 188 million SLC +54.1%
2019 521 million SLC +177.1%
2020 -64 million SLC -112.3%
2021 -80 million SLC +25.0%
2022 63 million SLC -178.8%
2023 765 million SLC +1114.3%
2024 -17 million SLC -102.2%

Averages by decade

DecadeAverage LowestHighest Years
2010s 108.17 million SLC -167 million SLC 521 million SLC 6
2020s 133.4 million SLC -80 million SLC 765 million SLC 5

Countries ranked near Australia

  1. 26 Grenada 2.06 million SLC compare
  2. 27 Azerbaijan 0 million SLC
  3. 27 United Arab Emirates 0 million SLC compare
  4. 30 Poland -114 million SLC compare

See the full ranking of 32 places →

More agriculture & rural data for Australia

All data for Australia →

Frequently asked questions

What is agriculture, capital (general government expenditure) — value in Australia?
Agriculture, capital (general government expenditure) — value in Australia was -17 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest agriculture, capital (general government expenditure) — value recorded in Australia?
The highest recorded value was 765 million SLC in 2023.
What is the lowest agriculture, capital (general government expenditure) — value recorded in Australia?
The lowest recorded value was -167 million SLC in 2015.
How does Australia rank for agriculture, capital (general government expenditure) — value?
Australia ranks 29th out of 30 countries with data for 2024.
Is agriculture, capital (general government expenditure) — value rising or falling in Australia?
Over the last ten years it is down 240.0%. 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 (general government expenditure) — Value Standard Local Currency. Statizoid updates them automatically from the source API.

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Agriculture, Capital (general 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-general-government-expenditure-value-standard-local-currency/australia/

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About this data

Indicator
Agriculture, Capital (general 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
32 places, 379 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.