Total Expenditure in Agricultural R&D (US$ PPP, 2015 prices) in Latin America and the Caribbean
Latin America and the Caribbean: Total Expenditure in Agricultural R&D (US$ PPP, 2015 prices) was 4,833 million USD in 2023. ▲ Rising
Total Expenditure in Agricultural R&D (US$ PPP, 2015 prices) in Latin America and the Caribbean, 2004–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Latin America and the Caribbean recorded 4,833 million USD for total expenditure in agricultural r&d (us$ ppp, 2015 prices) in 2023.
Compared with earlier readings it is up 6.6% on the previous year and down 4.6% over ten years.
Over the whole period, total expenditure in agricultural r&d (us$ ppp, 2015 prices) in Latin America and the Caribbean peaked at 5,150 million USD in 2015 and was at its lowest, 3,554 million USD, in 2005.
Latin America and the Caribbean ranks 9th of 26 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Total Expenditure in Agricultural R&D (US$ PPP, 2015 prices) in Latin America and the Caribbean, year by year
| Year | million USD | Change |
|---|---|---|
| 2004 | 3,563 million USD | — |
| 2005 | 3,554 million USD | -0.2% |
| 2006 | 3,789 million USD | +6.6% |
| 2007 | 3,872 million USD | +2.2% |
| 2008 | 4,129 million USD | +6.6% |
| 2009 | 4,692 million USD | +13.6% |
| 2010 | 4,608 million USD | -1.8% |
| 2011 | 4,670 million USD | +1.3% |
| 2012 | 4,880 million USD | +4.5% |
| 2013 | 5,068 million USD | +3.9% |
| 2014 | 4,990 million USD | -1.5% |
| 2015 | 5,150 million USD | +3.2% |
| 2016 | 4,797 million USD | -6.9% |
| 2017 | 4,869 million USD | +1.5% |
| 2018 | 4,747 million USD | -2.5% |
| 2019 | 5,033 million USD | +6.0% |
| 2020 | 4,939 million USD | -1.9% |
| 2021 | 4,660 million USD | -5.7% |
| 2022 | 4,532 million USD | -2.7% |
| 2023 | 4,833 million USD | +6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3,933 million USD | 3,554 million USD | 4,692 million USD | 6 |
| 2010s | 4,881 million USD | 4,608 million USD | 5,150 million USD | 10 |
| 2020s | 4,741 million USD | 4,532 million USD | 4,939 million USD | 4 |
Countries ranked near Latin America and the Caribbean
- 6 Republic of Korea 1,419 million USD compare
- 7 Australia and New Zealand 1,261 million USD compare
- 8 Thailand 1,137 million USD compare
- 9 Russian Federation 791.19 million USD compare
- 9 Russian Federation 791.19 million USD compare
- 11 Mexico 740.99 million USD compare
- 12 Australia 653.83 million USD compare
More agriculture & rural data for Latin America and the Caribbean
- ILO - ILO Modelled Estimates — Employment in agriculture - ILO 39,094 1000 No (2025)
- ILO - ILO Modelled Estimates — Share of employment in agriculture in 7.12 % (2025)
- ILO - ILO Modelled Estimates — Share of employment in agriculture in 16.69 % (2025)
- ILO - ILO Modelled Estimates — Share of employment in agriculture in 12.72 % (2025)
- ILO - ILO Modelled Estimates — Employment in agriculture - ILO 9,098 1000 No (2025)
- ILO - ILO Modelled Estimates — Employment in agriculture - ILO 29,996 1000 No (2025)
- Minimum dietary energy requirement (kcal/cap/day) — Value 1,861 kcal/cap/d (2025)
- Average dietary energy requirement (kcal/cap/day) — Value 2,409 kcal/cap/d (2025)
- Per capita food supply variability (kcal/cap/day) — Value 13 kcal/cap/d (2025)
- Prevalence of obesity in the adult population (18 years and older) 31.5 % (2024)
Frequently asked questions
- What is total expenditure in agricultural r&d (us$ ppp, 2015 prices) in Latin America and the Caribbean?
- Total expenditure in agricultural r&d (us$ ppp, 2015 prices) in Latin America and the Caribbean was 4,833 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure in agricultural r&d (us$ ppp, 2015 prices) recorded in Latin America and the Caribbean?
- The highest recorded value was 5,150 million USD in 2015.
- What is the lowest total expenditure in agricultural r&d (us$ ppp, 2015 prices) recorded in Latin America and the Caribbean?
- The lowest recorded value was 3,554 million USD in 2005.
- How does Latin America and the Caribbean rank for total expenditure in agricultural r&d (us$ ppp, 2015 prices)?
- Latin America and the Caribbean ranks 9th out of 26 groups with data for 2023.
- Is total expenditure in agricultural r&d (us$ ppp, 2015 prices) rising or falling in Latin America and the Caribbean?
- Over the last ten years it is down 4.6%. The long-run trend across the full record is rising.
- Where does this Latin America and the Caribbean data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure in Agricultural R&D (US$ PPP, 2015 prices) — Government, Higher Education and Private Non-profit. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The dataset contains a set of financial indicators describing national expenditures on agricultural research and development (R&D). The indicators are derived primarily from responses to the financial resources section of the ASTI questionnaire, complemented with selected external macroeconomic indicators required to ensure comparability across countries and over time.The dataset includes both directly reported financial aggregates and derived indicators, reflecting different dimensions of agricultural R&D investment. Reported expenditure data are collected in current local currency units (LCU) and refer to total institutional expenditures, as provided by national respondents. Coverage of the private for-profit sector remains limited and is therefore excluded from the dataset. To support temporal analysis and international comparability, expenditure indicators are also expressed in constant local currency units, using country-specific GDP deflators sourced from FAOSTAT. In addition, selected indicators relate agricultural R&D expenditures to key structural variables, such as agricultural value added, allowing for meaningful cross-country comparisons of research intensity and resource allocation.