Agriculture (central government expenditure) — Value US$ in Australia

Australia: Agriculture (central government expenditure) — Value US$ was 1,868 million USD in 2024. ▼ Falling

Latest (2024)
1,868 million USD
Change on year
down 0.2%
World rank
11th
of 84 countries
All-time high
2,269 million USD
in 2014
All-time low
1,510 million USD
in 2020
Years of data
11
2014–2024

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

05001.0k1.5k2.0k2.5k2014201920242014: 2.3k million USD2015: 1.9k million USD2016: 1.9k million USD2017: 2.1k million USD2018: 1.9k million USD2019: 2.2k million USD2020: 1.5k million USD2021: 2.0k million USD2022: 2.0k million USD2023: 1.9k million USD2024: 1.9k million USD

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

Analysis

The most recent figure for agriculture (central government expenditure) — value us$ in Australia is 1,868 million USD, measured in 2024.

The figure is down 0.2% on the previous year and down 17.7% over ten years.

Over the whole period, agriculture (central government expenditure) — value us$ in Australia peaked at 2,269 million USD in 2014 and was at its lowest, 1,510 million USD, in 2020.

That places Australia 11th out of 84 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently falling across the 11 years of available data.

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

Annual values for Agriculture (central government expenditure) — Value US$ in Australia, 2014 to 2024.
Year million USD Change
2014 2,269 million USD
2015 1,873 million USD -17.5%
2016 1,854 million USD -1.0%
2017 2,074 million USD +11.9%
2018 1,929 million USD -7.0%
2019 2,159 million USD +11.9%
2020 1,510 million USD -30.1%
2021 2,046 million USD +35.5%
2022 2,022 million USD -1.2%
2023 1,872 million USD -7.4%
2024 1,868 million USD -0.2%

Averages by decade

DecadeAverage LowestHighest Years
2010s 2,026 million USD 1,854 million USD 2,269 million USD 6
2020s 1,864 million USD 1,510 million USD 2,046 million USD 5

Countries ranked near Australia

  1. 8 Indonesia 3,131 million USD compare
  2. 9 Cuba 2,921 million USD compare
  3. 10 Saudi Arabia 1,920 million USD compare
  4. 12 Slovakia 1,254 million USD
  5. 13 South Africa 1,129 million USD compare
  6. 14 Denmark 1,018 million USD compare

See the full ranking of 89 places →

More agriculture & rural data for Australia

All data for Australia →

Frequently asked questions

What is agriculture (central government expenditure) — value us$ in Australia?
Agriculture (central government expenditure) — value us$ in Australia was 1,868 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest agriculture (central government expenditure) — value us$ recorded in Australia?
The highest recorded value was 2,269 million USD in 2014.
What is the lowest agriculture (central government expenditure) — value us$ recorded in Australia?
The lowest recorded value was 1,510 million USD in 2020.
How does Australia rank for agriculture (central government expenditure) — value us$?
Australia ranks 11th out of 84 countries with data for 2024.
Is agriculture (central government expenditure) — value us$ rising or falling in Australia?
Over the last ten years it is down 17.7%. The long-run trend across the full record is falling.
Where does this Australia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Agriculture (central government expenditure) — Value US$. Statizoid updates them automatically from the source API.

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Agriculture (central government expenditure) — Value US$ in Australia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 25 August 2026, from https://agriculture.statizoid.com/stat/agriculture-central-government-expenditure-value-us/australia/

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About this data

Indicator
Agriculture (central 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
89 places, 1,107 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.