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

Australia: Agriculture, Capital (general government expenditure) — Value US$ was -11.22 million USD in 2024. ◆ Volatile

Latest (2024)
-11.22 million USD
Change on year
down 102.2%
World rank
29th
of 30 countries
All-time high
508.24 million USD
in 2023
All-time low
-125.46 million USD
in 2015
Years of data
11
2014–2024

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

-20002004006002014201920242014: -4.5 million USD2015: -125.5 million USD2016: -7.4 million USD2017: 93.5 million USD2018: 140.5 million USD2019: 362.2 million USD2020: -44 million USD2021: -60.1 million USD2022: 43.7 million USD2023: 508.2 million USD2024: -11.2 million USD

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

Analysis

The most recent figure for agriculture, capital (general government expenditure) — value us$ in Australia is -11.22 million USD, measured in 2024.

That represents a change of down 102.2% on the previous year and down 148.8% over ten years.

Over the whole period, agriculture, capital (general government expenditure) — value us$ in Australia peaked at 508.24 million USD in 2023 and was at its lowest, -125.46 million USD, in 2015.

That places Australia 29th out of 30 countries with data for 2024, putting it 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 US$ in Australia, year by year

Annual values for Agriculture, Capital (general government expenditure) — Value US$ in Australia, 2014 to 2024.
Year million USD Change
2014 -4.51 million USD
2015 -125.46 million USD +2681.8%
2016 -7.43 million USD -94.1%
2017 93.5 million USD -1358.4%
2018 140.46 million USD +50.2%
2019 362.18 million USD +157.9%
2020 -44.04 million USD -112.2%
2021 -60.1 million USD +36.5%
2022 43.7 million USD -172.7%
2023 508.24 million USD +1063.0%
2024 -11.22 million USD -102.2%

Averages by decade

DecadeAverage LowestHighest Years
2010s 76.46 million USD -125.46 million USD 362.18 million USD 6
2020s 87.32 million USD -60.1 million USD 508.24 million USD 5

Countries ranked near Australia

  1. 26 Guinea-Bissau 0.56 million USD
  2. 27 Azerbaijan 0 million USD
  3. 27 United Arab Emirates 0 million USD compare
  4. 30 Poland -27.12 million USD 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 us$ in Australia?
Agriculture, capital (general government expenditure) — value us$ in Australia was -11.22 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest agriculture, capital (general government expenditure) — value us$ recorded in Australia?
The highest recorded value was 508.24 million USD in 2023.
What is the lowest agriculture, capital (general government expenditure) — value us$ recorded in Australia?
The lowest recorded value was -125.46 million USD in 2015.
How does Australia rank for agriculture, capital (general government expenditure) — value us$?
Australia ranks 29th out of 30 countries with data for 2024.
Is agriculture, capital (general government expenditure) — value us$ rising or falling in Australia?
Over the last ten years it is down 148.8%. 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 US$. Statizoid updates them automatically from the source API.

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Agriculture, Capital (general government expenditure) — Value US$ in Australia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 30 August 2026, from https://agriculture.statizoid.com/stat/agriculture-capital-general-government-expenditure-value-us/australia/

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About this data

Indicator
Agriculture, Capital (general government expenditure) — Value US$
Unit
million USD
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.