Market Research Report
Government Spending Global Industry Almanac 2015-2024
|Published by||MarketLine||Product code||965729|
|Published||Content info||633 Pages
Delivery time: 1-2 business days
|Government Spending Global Industry Almanac 2015-2024|
|Published: September 30, 2020||Content info: 633 Pages||
Global Government Spending industry profile provides top-line qualitative and quantitative summary information including: sector size (value 2015-19, and forecast to 2024). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the sector.
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 segments 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.
Any currency conversions used in the creation of this report have been calculated using constant 2019 annual average exchange rates.
The global government spending sector had total revenues of $30,190.2bn in 2019, representing a compound annual growth rate (CAGR) of 3.6% between 2014 and 2019.
The global Government Spending sector had total revenues of $27,241.1bn in 2019, representing a compound annual growth rate (CAGR) of 3.9% between 2015 and 2019.
The social protection segment was the sector's most lucrative in 2019, with total revenues of $7,947.6bn, equivalent to 29.2% of the sector's overall value.