PUBLISHER: MarketLine | PRODUCT CODE: 1117255
PUBLISHER: MarketLine | PRODUCT CODE: 1117255
The Emerging 5 Government Spending industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
These countries contributed $5,664.5 billion to the global government spendings industry in 2021, with a compound annual growth rate (CAGR) of 6.3% between 2007 and 2011. The top 5 emerging countries are expected to reach a value of $7,383.9 billion in 2026, with a CAGR of 5.4% over the 2021-26 period.
Within the government spendings industry, China is the leading country among the top 5 emerging nations, with market revenues of $3,818.0 billion in 2021. This was followed by Brazil and India with a value of $803.3 and $554.0 billion, respectively.
China is expected to lead the government spendings industry in the top five emerging nations, with a value of $4,924.7 billion in 2026, followed by Brazil and India with expected values of $1,036.5 and $785.6 billion, respectively.