Agriculture, forestry, fishing (highest government level expenditure) in Latin America and the Caribbean
Latin America and the Caribbean: Agriculture, forestry, fishing (highest government level expenditure) was 18,332 million USD in 2024. ▼ Falling
Agriculture, forestry, fishing (highest government level expenditure) in Latin America and the Caribbean, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Latin America and the Caribbean recorded 18,332 million USD for agriculture, forestry, fishing (highest government level expenditure) in 2024.
That represents a change of down 8.7% on the previous year and down 38.0% over ten years.
Over the whole period, agriculture, forestry, fishing (highest government level expenditure) in Latin America and the Caribbean peaked at 31,419 million USD in 2009 and was at its lowest, 15,877 million USD, in 2020.
Latin America and the Caribbean ranks 16th of 33 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Agriculture, forestry, fishing (highest government level expenditure) in Latin America and the Caribbean, year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 19,687 million USD | — |
| 2002 | 23,582 million USD | +19.8% |
| 2003 | 19,068 million USD | -19.1% |
| 2004 | 20,660 million USD | +8.4% |
| 2005 | 22,764 million USD | +10.2% |
| 2006 | 24,011 million USD | +5.5% |
| 2007 | 27,560 million USD | +14.8% |
| 2008 | 29,499 million USD | +7.0% |
| 2009 | 31,419 million USD | +6.5% |
| 2010 | 25,265 million USD | -19.6% |
| 2011 | 24,987 million USD | -1.1% |
| 2012 | 24,879 million USD | -0.4% |
| 2013 | 24,870 million USD | -0.0% |
| 2014 | 29,564 million USD | +18.9% |
| 2015 | 23,255 million USD | -21.3% |
| 2016 | 21,879 million USD | -5.9% |
| 2017 | 19,665 million USD | -10.1% |
| 2018 | 19,926 million USD | +1.3% |
| 2019 | 17,751 million USD | -10.9% |
| 2020 | 15,877 million USD | -10.6% |
| 2021 | 16,072 million USD | +1.2% |
| 2022 | 19,347 million USD | +20.4% |
| 2023 | 20,074 million USD | +3.8% |
| 2024 | 18,332 million USD | -8.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24,250 million USD | 19,068 million USD | 31,419 million USD | 9 |
| 2010s | 23,204 million USD | 17,751 million USD | 29,564 million USD | 10 |
| 2020s | 17,940 million USD | 15,877 million USD | 20,074 million USD | 5 |
More environment data for Latin America and the Caribbean
- Historical exposure to drought — Cropland soil moisture anomaly -5.99 Percentage change (2025)
- Historical exposure to drought — Land soil moisture anomaly -4.93 Percentage change (2025)
- Standard Deviation, annual growth rate 0 % change on previous year (2025)
- Temperature change 1.27 °C (2025)
- Standard Deviation 0.204 °C (2025)
- Cropland — Share in Land area 9.17 % (2024)
- Cropland — Share in Agricultural land 29.54 % (2024)
- Arable land — Area 158,363 1000 ha (2024)
- Arable land — Share in Agricultural land 25.3 % (2024)
- Inland waters — Area 35,902 1000 ha (2024)
Frequently asked questions
- What is agriculture, forestry, fishing (highest government level expenditure) in Latin America and the Caribbean?
- Agriculture, forestry, fishing (highest government level expenditure) in Latin America and the Caribbean was 18,332 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest agriculture, forestry, fishing (highest government level expenditure) recorded in Latin America and the Caribbean?
- The highest recorded value was 31,419 million USD in 2009.
- What is the lowest agriculture, forestry, fishing (highest government level expenditure) recorded in Latin America and the Caribbean?
- The lowest recorded value was 15,877 million USD in 2020.
- How does Latin America and the Caribbean rank for agriculture, forestry, fishing (highest government level expenditure)?
- Latin America and the Caribbean ranks 16th out of 33 groups with data for 2024.
- Is agriculture, forestry, fishing (highest government level expenditure) rising or falling in Latin America and the Caribbean?
- Over the last ten years it is down 38.0%. The long-run trend across the full record is falling.
- 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 Agriculture, forestry, fishing (highest government level expenditure) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
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.