Summary
Global Government Spending industry profile provides top-line qualitative and quantitative summary information including: sector size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the sector.
Key Highlights
- The government spending sector is the total amount of public sector expenditure at any sort of level, including central government, local government etc. It is split into the following segments: defense, education, social protection, healthcare, and other.
- The defense segment includes all military and civil defense spending, foreign military aid, research and development, and other defense related expenditure.
- The education segment includes all spending on pre-primary, primary, secondary, and tertiary education, as well as education not definable by level, subsidiary services, research and development, and other education related expenditure.
- 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 expenditure.
- The health segment includes all spending on medical products, appliances, and equipment, as well as outpatient, hospital, and public health services, research and development, and other health expenditure.
- The other segment includes spending on general public services, public order and safety, economic affairs, environmental protection, housing and community amenities, and recreation, culture and religion, and other government expenditure.
- All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2022 annual average exchange rates.
- The global government spending sector had a total expenditure of $27,724.7 billion in 2022, representing a compound annual growth rate (CAGR) of 6.8% between 2017 and 2022.
- The social protection segment accounted for the sector's largest proportion in 2022, with a total expenditure of $6,994 billion, equivalent to 25.2% of the sector's overall value.
- The U.S. is the largest funder and implementer of global health programs worldwide, involving various government departments, agencies, and funding streams. It supports activities addressing global health challenges in approximately 70 countries through bilateral programs and multilateral engagement.
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 2022?
- What will be the size of the global government spending sector in 2027?
- 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?
'
Table of Contents
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 Italy
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 Japan
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 Australia
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 Canada
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 China
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 The Netherlands
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 Spain
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 The United Kingdom
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 The United States
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 Company Profiles
30.1. Lockheed Martin Corp
30.2. General Dynamics Corporation
30.3. China State Construction Engineering Corp Ltd
30.4. Larsen & Toubro Limited
30.5. GS Engineering & Construction Corp
30.6. Housing and Urban Development Corporation Ltd
30.7. Skanska AB
30.8. SNCF Group
30.9. Thales SA
30.10. Vinci SA
30.11. Veolia Environnement S.A.
30.12. Deutsche Bahn AG
30.13. Deutsche Telekom AG
30.14. Rheinmetall AG
30.15. HOCHTIEF AG
30.16. Webuild SpA
30.17. Astaris SpA
30.18. Gestore dei Servizi Energetici - GSE SpA
30.19. Leonardo S.p.A.
30.20. Kajima Corporation
30.21. Mitsubishi Heavy Industries, Ltd.
30.22. Obayashi Corp
30.23. Nippon Telegraph and Telephone Corporation
30.24. ASC Pty Ltd
30.25. BAE Systems Australia Ltd
30.26. Australian Rail Track Corporation Ltd
30.27. Decmil Group Ltd
30.28. JD Irving Ltd
30.29. Extendicare Inc.
30.30. Honeywell International Inc.
30.31. Aviation Industry Corp of China Ltd
30.32. China National Petroleum Corporation
30.33. China South Industries Group Corp
30.34. Royal BAM Group nv
30.35. Royal Volker Wessels Stevin NV
30.36. NV Nederlandse Spoorwegen
30.37. Airbus SE.
30.38. Actividades de Construccion y Servicios SA
30.39. Ferrovial Construction
30.40. General Dynamics European Land Systems Group
30.41. Indra Sistemas, S.A.
30.42. Balfour Beatty plc
30.43. BAE Systems Inc
30.44. Capita plc
30.45. Network Rail Limited
30.46. McKesson Corporation
30.47. RTX Corporation
31 Appendix
31.1. Methodology
31.2. About MarketLine
List of Tables
Table 1: Global government spending sector value: $ billion, 2017-22
Table 2: Global government spending sector category segmentation: % share, by value, 2017-2022
Table 3: Global government spending sector category segmentation: $ billion, 2017-2022
Table 4: Global government spending sector geography segmentation: $ billion, 2022
Table 5: Global government spending sector value forecast: $ billion, 2022-27
Table 6: Global size of population (million), 2018-22
Table 7: Global gdp (constant 2005 prices, $ billion), 2018-22
Table 8: Global gdp (current prices, $ billion), 2018-22
Table 9: Global inflation, 2018-22
Table 10: Global consumer price index (absolute), 2018-22
Table 11: Global exchange rate, 2018-22
Table 12: Asia-Pacific government spending sector value: $ billion, 2017-22
Table 13: Asia-Pacific government spending sector category segmentation: % share, by value, 2017-2022
Table 14: Asia-Pacific government spending sector category segmentation: $ billion, 2017-2022
Table 15: Asia-Pacific government spending sector geography segmentation: $ billion, 2022
Table 16: Asia-Pacific government spending sector value forecast: $ billion, 2022-27
Table 17: Europe government spending sector value: $ billion, 2017-22
Table 18: Europe government spending sector category segmentation: % share, by value, 2017-2022
Table 19: Europe government spending sector category segmentation: $ billion, 2017-2022
Table 20: Europe government spending sector geography segmentation: $ billion, 2022
Table 21: Europe government spending sector value forecast: $ billion, 2022-27
Table 22: Europe size of population (million), 2018-22
Table 23: Europe gdp (constant 2005 prices, $ billion), 2018-22
Table 24: Europe gdp (current prices, $ billion), 2018-22
Table 25: Europe inflation, 2018-22
Table 26: Europe consumer price index (absolute), 2018-22
Table 27: Europe exchange rate, 2018-22
Table 28: France government spending sector value: $ billion, 2017-22
Table 29: France government spending sector category segmentation: % share, by value, 2017-2022
Table 30: France government spending sector category segmentation: $ billion, 2017-2022
Table 31: France government spending sector geography segmentation: $ billion, 2022
Table 32: France government spending sector value forecast: $ billion, 2022-27
Table 33: France size of population (million), 2018-22
Table 34: France gdp (constant 2005 prices, $ billion), 2018-22
Table 35: France gdp (current prices, $ billion), 2018-22
Table 36: France inflation, 2018-22
Table 37: France consumer price index (absolute), 2018-22
Table 38: France exchange rate, 2018-22
Table 39: Germany government spending sector value: $ billion, 2017-22
Table 40: Germany government spending sector category segmentation: % share, by value, 2017-2022
Table 41: Germany government spending sector category segmentation: $ billion, 2017-2022
Table 42: Germany government spending sector geography segmentation: $ billion, 2022
Table 43: Germany government spending sector value forecast: $ billion, 2022-27
Table 44: Germany size of population (million), 2018-22
Table 45: Germany gdp (constant 2005 prices, $ billion), 2018-22
Table 46: Germany gdp (current prices, $ billion), 2018-22
Table 47: Germany inflation, 2018-22
Table 48: Germany consumer price index (absolute), 2018-22
Table 49: Germany exchange rate, 2018-22
Table 50: Italy government spending sector value: $ billion, 2017-22
Table 51: Italy government spending sector category segmentation: % share, by value, 2017-2022
Table 52: Italy government spending sector category segmentation: $ billion, 2017-2022
Table 53: Italy government spending sector geography segmentation: $ billion, 2022
Table 54: Italy government spending sector value forecast: $ billion, 2022-27
Table 55: Italy size of population (million), 2018-22
Table 56: Italy gdp (constant 2005 prices, $ billion), 2018-22
Table 57: Italy gdp (current prices, $ billion), 2018-22
Table 58: Italy inflation, 2018-22
Table 59: Italy consumer price index (absolute), 2018-22
Table 60: Italy exchange rate, 2018-22
Table 61: Japan government spending sector value: $ billion, 2017-22
Table 62: Japan government spending sector category segmentation: % share, by value, 2017-2022
Table 63: Japan government spending sector category segmentation: $ billion, 2017-2022
Table 64: Japan government spending sector geography segmentation: $ billion, 2022
Table 65: Japan government spending sector value forecast: $ billion, 2022-27
Table 66: Japan size of population (million), 2018-22
Table 67: Japan gdp (constant 2005 prices, $ billion), 2018-22
Table 68: Japan gdp (current prices, $ billion), 2018-22
Table 69: Japan inflation, 2018-22
Table 70: Japan consumer price index (absolute), 2018-22
Table 71: Japan exchange rate, 2018-22
Table 72: Australia government spending sector value: $ billion, 2017-22
Table 73: Australia government spending sector category segmentation: % share, by value, 2017-2022
Table 74: Australia government spending sector category segmentation: $ billion, 2017-2022
Table 75: Australia government spending sector geography segmentation: $ billion, 2022
Table 76: Australia government spending sector value forecast: $ billion, 2022-27
Table 77: Australia size of population (million), 2018-22
Table 78: Australia gdp (constant 2005 prices, $ billion), 2018-22
Table 79: Australia gdp (current prices, $ billion), 2018-22
Table 80: Australia inflation, 2018-22
Table 81: Australia consumer price index (absolute), 2018-22
Table 82: Australia exchange rate, 2018-22
Table 83: Canada government spending sector value: $ billion, 2017-22
Table 84: Canada government spending sector category segmentation: % share, by value, 2017-2022
Table 85: Canada government spending sector category segmentation: $ billion, 2017-2022
Table 86: Canada government spending sector geography segmentation: $ billion, 2022
Table 87: Canada government spending sector value forecast: $ billion, 2022-27
Table 88: Canada size of population (million), 2018-22
Table 89: Canada gdp (constant 2005 prices, $ billion), 2018-22
Table 90: Canada gdp (current prices, $ billion), 2018-22
Table 91: Canada inflation, 2018-22
Table 92: Canada consumer price index (absolute), 2018-22
Table 93: Canada exchange rate, 2018-22
Table 94: China government spending sector value: $ billion, 2017-22
Table 95: China government spending sector category segmentation: % share, by value, 2017-2022
Table 96: China government spending sector category segmentation: $ billion, 2017-2022
Table 97: China government spending sector geography segmentation: $ billion, 2022
Table 98: China government spending sector value forecast: $ billion, 2022-27
Table 99: China size of population (million), 2018-22
Table 100: China gdp (constant 2005 prices, $ billion), 2018-22
Table 101: China gdp (current prices, $ billion), 2018-22
Table 102: China inflation, 2018-22
Table 103: China consumer price index (absolute), 2018-22
Table 104: China exchange rate, 2018-22
Table 105: Netherlands government spending sector value: $ billion, 2017-22
List of Figures
Figure 1: Global government spending sector value: $ billion, 2017-22
Figure 2: Global government spending sector category segmentation: $ billion, 2017-2022
Figure 3: Global government spending sector geography segmentation: % share, by value, 2022
Figure 4: Global government spending sector value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the global government spending sector, 2022
Figure 6: Drivers of buyer power in the global government spending sector, 2022
Figure 7: Drivers of supplier power in the global government spending sector, 2022
Figure 8: Factors influencing the likelihood of new entrants in the global government spending sector, 2022
Figure 9: Factors influencing the threat of substitutes in the global government spending sector, 2022
Figure 10: Drivers of degree of rivalry in the global government spending sector, 2022
Figure 11: Asia-Pacific government spending sector value: $ billion, 2017-22
Figure 12: Asia-Pacific government spending sector category segmentation: $ billion, 2017-2022
Figure 13: Asia-Pacific government spending sector geography segmentation: % share, by value, 2022
Figure 14: Asia-Pacific government spending sector value forecast: $ billion, 2022-27
Figure 15: Forces driving competition in the government spending sector in Asia-Pacific, 2022
Figure 16: Drivers of buyer power in the government spending sector in Asia-Pacific, 2022
Figure 17: Drivers of supplier power in the government spending sector in Asia-Pacific, 2022
Figure 18: Factors influencing the likelihood of new entrants in the government spending sector in Asia-Pacific, 2022
Figure 19: Factors influencing the threat of substitutes in the government spending sector in Asia-Pacific, 2022
Figure 20: Drivers of degree of rivalry in the government spending sector in Asia-Pacific, 2022
Figure 21: Europe government spending sector value: $ billion, 2017-22
Figure 22: Europe government spending sector category segmentation: $ billion, 2017-2022
Figure 23: Europe government spending sector geography segmentation: % share, by value, 2022
Figure 24: Europe government spending sector value forecast: $ billion, 2022-27
Figure 25: Forces driving competition in the government spending sector in Europe, 2022
Figure 26: Drivers of buyer power in the government spending sector in Europe, 2022
Figure 27: Drivers of supplier power in the government spending sector in Europe, 2022
Figure 28: Factors influencing the likelihood of new entrants in the government spending sector in Europe, 2022
Figure 29: Factors influencing the threat of substitutes in the government spending sector in Europe, 2022
Figure 30: Drivers of degree of rivalry in the government spending sector in Europe, 2022
Figure 31: France government spending sector value: $ billion, 2017-22
Figure 32: France government spending sector category segmentation: $ billion, 2017-2022
Figure 33: France government spending sector geography segmentation: % share, by value, 2022
Figure 34: France government spending sector value forecast: $ billion, 2022-27
Figure 35: Forces driving competition in the government spending sector in France, 2022
Figure 36: Drivers of buyer power in the government spending sector in France, 2022
Figure 37: Drivers of supplier power in the government spending sector in France, 2022
Figure 38: Factors influencing the likelihood of new entrants in the government spending sector in France, 2022
Figure 39: Factors influencing the threat of substitutes in the government spending sector in France, 2022
Figure 40: Drivers of degree of rivalry in the government spending sector in France, 2022
Figure 41: Germany government spending sector value: $ billion, 2017-22
Figure 42: Germany government spending sector category segmentation: $ billion, 2017-2022
Figure 43: Germany government spending sector geography segmentation: % share, by value, 2022
Figure 44: Germany government spending sector value forecast: $ billion, 2022-27
Figure 45: Forces driving competition in the government spending sector in Germany, 2022
Figure 46: Drivers of buyer power in the government spending sector in Germany, 2022
Figure 47: Drivers of supplier power in the government spending sector in Germany, 2022
Figure 48: Factors influencing the likelihood of new entrants in the government spending sector in Germany, 2022
Figure 49: Factors influencing the threat of substitutes in the government spending sector in Germany, 2022
Figure 50: Drivers of degree of rivalry in the government spending sector in Germany, 2022
Figure 51: Italy government spending sector value: $ billion, 2017-22
Figure 52: Italy government spending sector category segmentation: $ billion, 2017-2022
Figure 53: Italy government spending sector geography segmentation: % share, by value, 2022
Figure 54: Italy government spending sector value forecast: $ billion, 2022-27
Figure 55: Forces driving competition in the government spending sector in Italy, 2022
Figure 56: Drivers of buyer power in the government spending sector in Italy, 2022
Figure 57: Drivers of supplier power in the government spending sector in Italy, 2022
Figure 58: Factors influencing the likelihood of new entrants in the government spending sector in Italy, 2022
Figure 59: Factors influencing the threat of substitutes in the government spending sector in Italy, 2022
Figure 60: Drivers of degree of rivalry in the government spending sector in Italy, 2022
Figure 61: Japan government spending sector value: $ billion, 2017-22
Figure 62: Japan government spending sector category segmentation: $ billion, 2017-2022
Figure 63: Japan government spending sector geography segmentation: % share, by value, 2022
Figure 64: Japan government spending sector value forecast: $ billion, 2022-27
Figure 65: Forces driving competition in the government spending sector in Japan, 2022
Figure 66: Drivers of buyer power in the government spending sector in Japan, 2022
Figure 67: Drivers of supplier power in the government spending sector in Japan, 2022
Figure 68: Factors influencing the likelihood of new entrants in the government spending sector in Japan, 2022
Figure 69: Factors influencing the threat of substitutes in the government spending sector in Japan, 2022
Figure 70: Drivers of degree of rivalry in the government spending sector in Japan, 2022
Figure 71: Australia government spending sector value: $ billion, 2017-22
Figure 72: Australia government spending sector category segmentation: $ billion, 2017-2022
Figure 73: Australia government spending sector geography segmentation: % share, by value, 2022
Figure 74: Australia government spending sector value forecast: $ billion, 2022-27
Figure 75: Forces driving competition in the government spending sector in Australia, 2022
Figure 76: Drivers of buyer power in the government spending sector in Australia, 2022
Figure 77: Drivers of supplier power in the government spending sector in Australia, 2022
Figure 78: Factors influencing the likelihood of new entrants in the government spending sector in Australia, 2022
Figure 79: Factors influencing the threat of substitutes in the government spending sector in Australia, 2022
Figure 80: Drivers of degree of rivalry in the government spending sector in Australia, 2022
Figure 81: Canada government spending sector value: $ billion, 2017-22
Figure 82: Canada government spending sector category segmentation: $ billion, 2017-2022
Figure 83: Canada government spending sector geography segmentation: % share, by value, 2022
Figure 84: Canada government spending sector value forecast: $ billion, 2022-27
Figure 85: Forces driving competition in the government spending sector in Canada, 2022
Figure 86: Drivers of buyer power in the government spending sector in Canada, 2022
Figure 87: Drivers of supplier power in the government spending sector in Canada, 2022
Figure 88: Factors influencing the likelihood of new entrants in the government spending sector in Canada, 2022
Figure 89: Factors influencing the threat of substitutes in the government spending sector in Canada, 2022
Figure 90: Drivers of degree of rivalry in the government spending sector in Canada, 2022
