In 2023, Japan led global local government expenditures on housing and community amenities with significant spending, followed by France and the United Kingdom. Countries like Spain and Ireland saw decreases in spending, whereas Estonia and Lithuania had notable increases. Over the past five years, expenditure trends show a consistent increase across most of the countries, albeit modest in some regions.
Future trends to watch include:
- Potential increases in spending by Asian countries, as economic growth might drive higher investments.
- Europe may witness divergent trends where Western countries stabilize their spending and Eastern countries increase their allocation due to urbanization.
- Pandemic repercussions and climate resilience spending may also influence future allocations worldwide.
Top countries in Local Government Expenditures on Housing and Community Amenities Share by Country (Million US Dollars PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 20.3 | 2023 | +0.86% | +0.77% | View data |
| 2 | 2 France | 18.41 | 2023 | +1.65% | +3.26% | View data |
| 3 | 3 United Kingdom | 12.35 | 2023 | +0.78% | +3.99% | View data |
| 4 | 4 South Korea | 12.19 | 2023 | +1.41% | +1.27% | View data |
| 5 | 5 Germany | 8.01 | 2023 | +1.51% | +2.23% | View data |
| 6 | 6 Italy | 5.42 | 2023 | -0.76% | +0.03% | View data |
| 7 | 7 Poland | 4.13 | 2023 | +1.74% | +1.55% | View data |
| 8 | 8 Spain | 2.7 | 2023 | -2.88% | -1.63% | View data |
| 9 | 9 Sweden | 2.17 | 2023 | +2.88% | +2.51% | View data |
| 10 | 10 Colombia | 2.09 | 2023 | +0.51% | -0.017% | View data |
