Summary

The BRIC Government Spending industry profile provides top-line qualitative and quantitative summary information including: market size (value , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- Brazil, Russian Federation, India and China (BRIC) are the emerging and fast growing countries within the government spending industry and had a total market value of $6,785.7 billion in 2024. Brazil was the fastest growing country with a CAGR of 8.5% over the 2020-24 period.
- Within the government spending industry, China is the leading country among the BRIC nations with market revenues of $3,998.1 billion in 2024. This was followed by India, Brazil and Russia with a value of $1,029.0, $1,019.3, and $739.4 billion, respectively.
- China is expected to lead the government spending industry in the BRIC nations with a value of $5,550.7 billion in 2029, followed by India, Brazil, Russia with expected values of ...

Summary

Global Government Spending industry profile provides top-line qualitative and quantitative summary information including: market size (value , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

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. 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. Social protection segment covers all spending on sickn...

Summary

Government Spending in Italy industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 market.

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 Italian government spending sector had a total expenditure of $1,153.6 billion in 2022, representing a compound annual growth rate (CAGR) of 5.4% between 2017 and 2022.
- The social protection segment accounted for the sector's largest proportion in 2022, with a total expenditure of $198.4 billion, equivalent to 17.2% of the sector's overall value.
- Government spending across sectors is primarily driven by ...

Summary

Government Spending in the Netherlands industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 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 market.

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 Dutch government spending sector had a total expenditure of $424.6 billion in 2022, representing a compound annual growth rate (CAGR) of 5.2% between 2017 and 2022.
- The social protection segment accounted for the sector's largest proportion in 2022, with a total expenditure of $161.9 billion, equivalent to 38.1% of the sector's overall value.
- Government spending across sectors is primarily driven by demograp...

Summary

Government Spending in Spain industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 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 market.

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 Spanish government spending sector had a total expenditure of $482.6 billion in 2022, representing a compound annual growth rate (CAGR) of 5.3% between 2017 and 2022.
- The social protection segment accounted for the sector's largest proportion in 2022, with a total expenditure of $221.6 billion, equivalent to 45.9% of the sector's overall value.
- Government spending across sectors is primarily driven by demographic tren...

Summary

Government Spending in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market 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 market.

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 UK government spending sector had a total expenditure of $1,281.9 billion in 2022, representing a compound annual growth rate (CAGR) of 5.1% between 2017 and 2022.
- The social protection segment accounted for the sector's largest proportion in 2022, with a total expenditure of $370.2 billion, equivalent to 28.9% of the sector's overall value.
- Government spending across sectors is primarily driven by demographic trend...

Summary

Government Spending in Turkey industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 market.

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 Turkish government spending sector had a total expenditure of $158.5 billion in 2022, representing a compound annual growth rate (CAGR) of 18.5% between 2017 and 2022.
- The social protection segment accounted for the sector's largest proportion in 2022, with a total expenditure of $45.6 billion, equivalent to 28.7% of the sector's overall value.
- Government spending across sectors is primarily driven by d...

Summary

Global Government Spending industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 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 market.

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 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 w...

Summary

Government Spending in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market 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 market.

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 Asia-Pacific government spending sector had a total expenditure of $6,993.4 billion in 2022, representing a compound annual growth rate (CAGR) of 6% between 2017 and 2022.
- The social protection segment accounted for the sector's largest proportion in 2022, with a total expenditure of $1,413.2 billion, equivalent to 20.2% of the sector's overall value.
- Government spending across sectors is primarily driven by demographic t...

Summary

Government Spending in Europe industry profile provides top-line qualitative and quantitative summary information including: market 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 market.

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 European government spending sector had a total expenditure of $9,051.5 billion in 2022, representing a compound annual growth rate (CAGR) of 6.4% between 2017 and 2022.
- The social protection segment accounted for the sector's largest proportion in 2022, with a total expenditure of $2,806.6 billion, equivalent to 31% of the sector's overall value.
- Government spending across sectors is primarily driven by demographic trends, eco...

Summary

Government Spending in North America industry profile provides top-line qualitative and quantitative summary information including: market 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 market.

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 North American government spending sector had a total expenditure of $9,749.1 billion in 2022, representing a compound annual growth rate (CAGR) of 7.2% between 2017 and 2022.
- The healthcare segment accounted for the sector's largest proportion in 2022, with a total expenditure of $2,678.5 billion, equivalent to 27.5% of the sector's overall value.
- The U.S. is the largest funder and implementer of global health programs ...

Summary

Government Spending in Singapore industry profile provides top-line qualitative and quantitative summary information including: market 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 market.

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 Singaporean government spending sector had a total expenditure of $77.6 billion in 2022, representing a compound annual growth rate (CAGR) of 7.8% between 2017 and 2022.
- The healthcare segment accounted for the sector's largest proportion in 2022, with a total expenditure of $12.5 billion, equivalent to 16.1% of the sector's overall value.
- Government spending across sectors is primarily driven by demographic trends, economic...

Summary

Government Spending in South Korea industry profile provides top-line qualitative and quantitative summary information including: market 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 market.

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 South Korean government spending sector had a total expenditure of $470.3 billion in 2022, representing a compound annual growth rate (CAGR) of 9.1% between 2017 and 2022.
- The social protection segment accounted for the sector's largest proportion in 2022, with a total expenditure of $97 billion, equivalent to 20.6% of the sector's overall value.
- Government spending across sectors is primarily driven by demographic trends,...

Summary

Government Spending in Australia industry profile provides top-line qualitative and quantitative summary information including: market 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 market.

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 Australian government spending sector had a total expenditure of $431.9 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 $153.5 billion, equivalent to 35.5% of the sector's overall value.
- Government spending across sectors is primarily driven by demographic trends, ...

Summary

Government Spending in Russia industry profile provides top-line qualitative and quantitative summary information including: market 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 market.

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 Russian government spending sector had a total expenditure of $359.7 billion in 2022, representing a compound annual growth rate (CAGR) of 8.9% between 2017 and 2022.
- The social protection segment accounted for the sector's largest proportion in 2022, with a total expenditure of $104.4 billion, equivalent to 29% of the sector's overall value.
- Government spending across sectors is primarily driven by demographic trends, economic...

Summary

Government Spending in France industry profile provides top-line qualitative and quantitative summary information including: market share, market 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 market.

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 French government spending sector had a total expenditure of $928.4 billion in 2022, representing a compound annual growth rate (CAGR) of 12.5% between 2017 and 2022.
- The social protection segment accounted for the sector's largest proportion in 2022, with a total expenditure of $115.9 billion, equivalent to 12.5% of the sector's overall value.
- Government spending across sectors is primarily driven by demographic ...

Summary

Government Spending in Germany industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 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 market.

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 German government spending sector had a total expenditure of $2,020.9 billion in 2022, representing a compound annual growth rate (CAGR) of 5.9% between 2017 and 2022.
- The social protection segment accounted for the sector's largest proportion in 2022, with a total expenditure of $816.8 billion, equivalent to 40.4% of the sector's overall value.
- Government spending across sectors is primarily driven by demographic t...

Summary

Government Spending in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 market.

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 US government spending sector had a total expenditure of $9,032 billion in 2022, representing a compound annual growth rate (CAGR) of 7.1% between 2017 and 2022.
- The healthcare segment accounted for the sector's largest proportion in 2022, with a total expenditure of $2,559.9 billion, equivalent to 28.3% of the sector's overall value.
- The U.S. is the largest funder and implementer of global h...

Summary

Government Spending in Brazil industry profile provides top-line qualitative and quantitative summary information including: market 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 market.

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 Brazilian government spending sector had a total expenditure of $739.3 billion in 2022, representing a compound annual growth rate (CAGR) of 10.4% between 2017 and 2022.
- The social protection segment accounted for the sector's largest proportion in 2022, with a total expenditure of $181.4 billion, equivalent to 24.5% of the sector's overall value.
- Government spending across sectors is primarily driven by demographic trends, eco...

Summary

Government Spending in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 market.

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 Chinese government spending sector had a total expenditure of $3,872.4 billion in 2022, representing a compound annual growth rate (CAGR) of 5.1% between 2017 and 2022.
- The social protection segment accounted for the sector's largest proportion in 2022, with a total expenditure of $722.2 billion, equivalent to 18.6% of the sector's overall value.
- Government spending across sectors is primarily driven by ...

Summary

Government Spending in India industry profile provides top-line qualitative and quantitative summary information including: market 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 market.

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 Indian government spending sector had a total expenditure of $543.6 billion in 2022, representing a compound annual growth rate (CAGR) of 14.2% between 2017 and 2022.
- The defense segment accounted for the sector's largest proportion in 2022, with a total expenditure of $39.3 billion, equivalent to 7.2% of the sector's overall value.
- Government spending across sectors is primarily driven by demographic trends, economic conditions...

Summary

Government Spending in Indonesia industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 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 market.

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 Indonesian government spending sector had a total expenditure of $156.5 billion in 2022, representing a compound annual growth rate (CAGR) of 12.9% between 2017 and 2022.
- The education segment accounted for the sector's largest proportion in 2022, with a total expenditure of $44 billion, equivalent to 28.1% of the sector's overall value.
- Government spending across sectors is primarily driven by demographic trends,...

Summary

Government Spending in Japan industry profile provides top-line qualitative and quantitative summary information including: market 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 market.

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 Japanese government spending sector had a total expenditure of $818.5 billion in 2022, representing a compound annual growth rate (CAGR) of 2.5% between 2017 and 2022.
- The healthcare segment accounted for the sector's largest proportion in 2022, with a total expenditure of $387.4 billion, equivalent to 47.3% of the sector's overall value.
- Government spending across sectors is primarily driven by demographic trends, economic cond...

Summary

Government Spending in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 market.

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 South African government spending sector had a total expenditure of $124.7 billion in 2022, representing a compound annual growth rate (CAGR) of 7.2% between 2017 and 2022.
- The education segment accounted for the sector's largest proportion in 2022, with a total expenditure of $24.9 billion, equivalent to 20% of the sector's overall value.
- Government spending across sectors is primarily driven by ...

Summary

Government Spending in Canada industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 market.

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 Canadian government spending sector had a total expenditure of $289 billion in 2022, representing a compound annual growth rate (CAGR) of 7.6% between 2017 and 2022.
- The healthcare segment accounted for the sector's largest proportion in 2022, with a total expenditure of $79.1 billion, equivalent to 27.4% of the sector's overall value.
- Government spending across sectors is primarily driven by demographi...