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Food policy indicators: Tracking change: Statistics on Public Expenditures for Economic Development (SPEED)

by International Food Policy Research Institute (IFPRI)
Open Access
Citation
International Food Policy Research Institute (IFPRI). 2018. Food policy indicators: Tracking change: Statistics on Public Expenditures for Economic Development (SPEED). In 2018 Global food policy report. Pp 111. Washington, DC: International Food Policy Research Institute (IFPRI). http://ebrary.ifpri.org/cdm/ref/collection/p15738coll2/id/132288

SPEED tracks public expenditures in agriculture and other sectors by national governments across 109 developing countries and 35 developed countries. Expenditure indicators can help governments better align their resource allocations with policy objectives, needs, and priorities. Indicators include total agricultural expenditure by country, agricultural spending per capita, and the ratio of agricultural spending to agricultural GDP. Data are compiled from international organizations and national governments, with adjustments to ensure consistent spending measurements over time. At the global level, per capita agricultural expenditure increased at a rate of almost 2 percent per year from 1980 to 2014, reflecting growth in developing countries, with much of the growth occurring in the last two decades.

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