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 23,754 million USD in 2024. ▲ Rising
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
The most recent figure for agriculture, forestry, fishing (highest government level expenditure) in Latin America and the Caribbean is 23,754 million USD, measured in 2024.
The figure is down 6.4% on the previous year and down 29.4% over ten years.
Over the whole period, agriculture, forestry, fishing (highest government level expenditure) in Latin America and the Caribbean peaked at 33,642 million USD in 2014 and was at its lowest, 11,102 million USD, in 2003.
Latin America and the Caribbean ranks 15th of 33 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising 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 | 11,641 million USD | — |
| 2002 | 15,236 million USD | +30.9% |
| 2003 | 11,102 million USD | -27.1% |
| 2004 | 12,761 million USD | +14.9% |
| 2005 | 16,229 million USD | +27.2% |
| 2006 | 19,154 million USD | +18.0% |
| 2007 | 24,368 million USD | +27.2% |
| 2008 | 28,503 million USD | +17.0% |
| 2009 | 29,726 million USD | +4.3% |
| 2010 | 26,867 million USD | -9.6% |
| 2011 | 28,479 million USD | +6.0% |
| 2012 | 28,566 million USD | +0.3% |
| 2013 | 29,015 million USD | +1.6% |
| 2014 | 33,642 million USD | +15.9% |
| 2015 | 23,255 million USD | -30.9% |
| 2016 | 21,515 million USD | -7.5% |
| 2017 | 21,107 million USD | -1.9% |
| 2018 | 20,841 million USD | -1.3% |
| 2019 | 18,451 million USD | -11.5% |
| 2020 | 15,472 million USD | -16.1% |
| 2021 | 17,008 million USD | +9.9% |
| 2022 | 21,948 million USD | +29.0% |
| 2023 | 25,374 million USD | +15.6% |
| 2024 | 23,754 million USD | -6.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18,747 million USD | 11,102 million USD | 29,726 million USD | 9 |
| 2010s | 25,174 million USD | 18,451 million USD | 33,642 million USD | 10 |
| 2020s | 20,711 million USD | 15,472 million USD | 25,374 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 23,754 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 33,642 million USD in 2014.
- What is the lowest agriculture, forestry, fishing (highest government level expenditure) recorded in Latin America and the Caribbean?
- The lowest recorded value was 11,102 million USD in 2003.
- How does Latin America and the Caribbean rank for agriculture, forestry, fishing (highest government level expenditure)?
- Latin America and the Caribbean ranks 15th 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 29.4%. 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 Agriculture, forestry, fishing (highest government level expenditure) — Value US$. 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.