Government Spending Global Group of Eight (G8) Industry Guide 2015-2024


The G8 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.

Key Highlights

  • The G8 countries contributed $15,775.6 billion in 2019 to the global government spending industry, with a compound annual growth rate (CAGR) of 2.6% between 2015 and 2019. The G8 countries are expected to reach a value of $18,027.4 billion in 2024, with a CAGR of 2.7% over the 2019-24 period.
  • Among the G8 nations, the US is the leading country in the government spending industry, with market revenues of $6,945.1 billion in 2019. This was followed by Japan and Germany, with a value of $2,237.3 and $1,745.1 billion, respectively.
  • The US is expected to lead the government spending industry in the G8 nations with a value of $7,676.3 billion in 2016, followed by Japan and Germany with expected values of $2,521.0 and $2,325.5 billion, respectively.


  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the G8 government spending sector
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the G8 government spending sector
  • Leading company profiles reveal details of key government spending sector players’ G8 operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the G8 government spending sector with five year forecasts
  • Compares data from the US, Canada, Germany, France, UK, Italy, Russia and Japan, alongside individual chapters on each country

Reasons To Buy

  • What was the size of the G8 government spending sector by value in 2019?
  • What will be the size of the G8 government spending sector in 2024?
  • What factors are affecting the strength of competition in the G8 government spending sector?
  • How has the sector performed over the last five years?
  • What are the main segments that make up the G8 government spending sector?