Government Spending Global Industry Almanac 2019-2028
Summary
Global Government Spending industry profile provides top-line qualitative and quantitative summary information including: sector size (value 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the sector.
Key Highlights
Government spending refers to the money spent by the government of a country to provide goods and services to its citizens. It helps to drive economic growth, create employment opportunities, and improve the standard of living for its citizens.
The market is segmented into defense, education, social protection, healthcare, and others.
The defense segment includes all military and civil defense spending, research and development, and other defense-related expenditures.
The education segment includes all spending on pre-primary education, primary education, secondary education, tertiary education, research and development, and other education-related expenditures.
The social protection segment includes all spending on sickness and disability, old age, survivors, family and children, unemployment, housing, social exclusion, research and development, and other social protection expenditures.
The health segment includes all spending on medical products, and equipment, as well as outpatient, hospital, and public health services, research and development, and other health expenditures.
The others segment includes spending on general public services, public order and safety, economic affairs, environmental protection, housing and community amenities, recreation, culture and religion, and related government expenditures.
All market data and forecasts are adjusted for inflation and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates.
The global government spending market recorded revenues of $29,421.3 billion in 2023, representing a compound annual growth rate (CAGR) of 5.1% between 2018 and 2023.
The social protection segment accounted for the market's largest proportion in 2023, with total revenues of $7,442 billion, equivalent to 25.3% of the market's overall value.
The US accounted for a 31.7% share of the total global market in 2023 followed by Europe and Asia-Pacific with 32.8% and 23.8%, respectively.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global government spending sector
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global government spending sector
Leading company profiles reveal details of key government spending sector players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the global government spending sector with five year forecasts
Reasons to Buy
What was the size of the global government spending sector by value in 2023?
What will be the size of the global government spending sector in 2028?
What factors are affecting the strength of competition in the global government spending sector?
How has the sector performed over the last five years?
What are the main segments that make up the global government spending sector?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Competitive landscape
2 Introduction
2.1. What is this report about?
2.2. Who is the target reader?
2.3. How to use this report
2.4. Definitions
3 Global Government Spending
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 Macroeconomic Indicators
4.1. Country data
5 Government Spending in Asia-Pacific
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 Government Spending in Europe
6.1. Market Overview
6.2. Market Data
6.3. Market Segmentation
6.4. Market outlook
6.5. Five forces analysis
7 Macroeconomic Indicators
7.1. Country data
8 Government Spending in France
8.1. Market Overview
8.2. Market Data
8.3. Market Segmentation
8.4. Market outlook
8.5. Five forces analysis
9 Macroeconomic Indicators
9.1. Country data
10 Government Spending in Germany
10.1. Market Overview
10.2. Market Data
10.3. Market Segmentation
10.4. Market outlook
10.5. Five forces analysis
11 Macroeconomic Indicators
11.1. Country data
12 Government Spending in Australia
12.1. Market Overview
12.2. Market Data
12.3. Market Segmentation
12.4. Market outlook
12.5. Five forces analysis
13 Macroeconomic Indicators
13.1. Country data
14 Government Spending in Brazil
14.1. Market Overview
14.2. Market Data
14.3. Market Segmentation
14.4. Market outlook
14.5. Five forces analysis
15 Macroeconomic Indicators
15.1. Country data
16 Government Spending in Canada
16.1. Market Overview
16.2. Market Data
16.3. Market Segmentation
16.4. Market outlook
16.5. Five forces analysis
17 Macroeconomic Indicators
17.1. Country data
18 Government Spending in China
18.1. Market Overview
18.2. Market Data
18.3. Market Segmentation
18.4. Market outlook
18.5. Five forces analysis
19 Macroeconomic Indicators
19.1. Country data
20 Government Spending in India
20.1. Market Overview
20.2. Market Data
20.3. Market Segmentation
20.4. Market outlook
20.5. Five forces analysis
21 Macroeconomic Indicators
21.1. Country data
22 Government Spending in Indonesia
22.1. Market Overview
22.2. Market Data
22.3. Market Segmentation
22.4. Market outlook
22.5. Five forces analysis
23 Macroeconomic Indicators
23.1. Country data
24 Government Spending in Italy
24.1. Market Overview
24.2. Market Data
24.3. Market Segmentation
24.4. Market outlook
24.5. Five forces analysis
25 Macroeconomic Indicators
25.1. Country data
26 Government Spending in Japan
26.1. Market Overview
26.2. Market Data
26.3. Market Segmentation
26.4. Market outlook
26.5. Five forces analysis
27 Macroeconomic Indicators
27.1. Country data
28 Government Spending in Mexico
28.1. Market Overview
28.2. Market Data
28.3. Market Segmentation
28.4. Market outlook
28.5. Five forces analysis
29 Macroeconomic Indicators
29.1. Country data
30 Government Spending in The Netherlands
30.1. Market Overview
30.2. Market Data
30.3. Market Segmentation
30.4. Market outlook
30.5. Five forces analysis
31 Macroeconomic Indicators
31.1. Country data
32 Government Spending in North America
32.1. Market Overview
32.2. Market Data
32.3. Market Segmentation
32.4. Market outlook
32.5. Five forces analysis
33 Government Spending in Russia
33.1. Market Overview
33.2. Market Data
33.3. Market Segmentation
33.4. Market outlook
33.5. Five forces analysis
34 Macroeconomic Indicators
34.1. Country data
35 Government Spending in Scandinavia
35.1. Market Overview
35.2. Market Data
35.3. Market Segmentation
35.4. Market outlook
35.5. Five forces analysis
36 Government Spending in Singapore
36.1. Market Overview
36.2. Market Data
36.3. Market Segmentation
36.4. Market outlook
36.5. Five forces analysis
37 Macroeconomic Indicators
37.1. Country data
38 Government Spending in South Africa
38.1. Market Overview
38.2. Market Data
38.3. Market Segmentation
38.4. Market outlook
38.5. Five forces analysis
39 Macroeconomic Indicators
39.1. Country data
40 Government Spending in South Korea
40.1. Market Overview
40.2. Market Data
40.3. Market Segmentation
40.4. Market outlook
40.5. Five forces analysis
41 Macroeconomic Indicators
41.1. Country data
42 Government Spending in Spain
42.1. Market Overview
42.2. Market Data
42.3. Market Segmentation
42.4. Market outlook
42.5. Five forces analysis
43 Macroeconomic Indicators
43.1. Country data
44 Government Spending in Turkey
44.1. Market Overview
44.2. Market Data
44.3. Market Segmentation
44.4. Market outlook
44.5. Five forces analysis
45 Macroeconomic Indicators
45.1. Country data
46 Government Spending in The United Kingdom
46.1. Market Overview
46.2. Market Data
46.3. Market Segmentation
46.4. Market outlook
46.5. Five forces analysis
47 Macroeconomic Indicators
47.1. Country data
48 Government Spending in The United States
48.1. Market Overview
48.2. Market Data
48.3. Market Segmentation
48.4. Market outlook
48.5. Five forces analysis
49 Macroeconomic Indicators
49.1. Country data
50 Company Profiles
50.1. General Dynamics Corporation
50.2. GS Engineering & Construction Corp
50.3. Housing and Urban Development Corporation Ltd
50.4. Mitsubishi Heavy Industries, Ltd.
50.5. BAE Systems Inc
50.6. Skanska AB
50.7. Thales SA
50.8. Vinci SA
50.9. Deutsche Bahn AG
50.10. Deutsche Telekom AG
50.11. ASC Pty Ltd
50.12. BAE Systems Australia Ltd
50.13. Australian Rail Track Corporation Ltd
50.14. Decmil Group Ltd
50.15. MOVER Participacoes SA
50.16. Embraer SA
50.17. Companhia de Saneamento Basico do Estado de Sao Paulo
50.18. Valec Engineering, Construction and Railway SA
50.19. JD Irving Ltd
50.20. Larsen & Toubro Limited
50.21. PT Astra International Tbk
50.22. PT PAL Indonesia
50.23. PT PLN (Persero)
50.24. PT Pertamina (Persero)
50.25. Royal BAM Group NV
50.26. Airbus SE
50.27. NV Nederlandse Spoorwegen
50.28. Saab AB
50.29. Peab AB
50.30. Fortum Corp
50.31. Singapore Technologies Engineering Ltd
50.32. Hyundai Engineering & Construction Co Ltd
50.33. SMRT Corp Ltd
50.34. Public Utilities Board
50.35. Aveng Ltd
50.36. Eskom Holdings SOC Limited
50.37. Paramount Group
50.38. Passenger Rail Agency of South Africa
50.39. Hanwha Corp
50.40. Samsung C&T Corp
50.41. Korea Aerospace Industries Ltd
50.42. Actividades de Construccion y Servicios SA
50.43. Ferrovial SA
50.44. General Dynamics European Land Systems Group
50.45. Aselsan Elektronik Sanayi Ve Ticaret AS
50.46. ENKA Insaat ve Sanayi AS
50.47. Havelsan Hava Elektronik Sanayi Ve Ticaret AS
50.48. Elektrik Uretim AS
50.49. Lockheed Martin Corp
50.50. Veolia Environnement SA
50.51. Leonardo SpA
50.52. PJSC Gazprom
50.53. Extendicare Inc
50.54. Grupo Carso SA de CV
50.55. RTX Corp
50.56. United Aircraft Corp
50.57. Almaz-Antey Concern
50.58. Rossiiskie Zheleznye Dorogi
50.59. Aviation Industry Corp of China Ltd
50.60. China National Petroleum Corporation
50.61. Bharat Heavy Electricals Ltd
50.62. Hindustan Aeronautics Ltd
50.63. Comision Federal de Electricidad
50.64. Empresas ICA SAB de CV
50.65. Comision Nacional del Agua
50.66. China State Construction Engineering Corp Ltd