Analysis of global government expenditures on mining, manufacturing, and construction reveals varying trends by country. In 2023, Japan led spending at $12.15 billion, trailed by Italy and Germany. Countries like Hungary and Iceland exhibited significant year-on-year increases, while major economies like the UK and France experienced notable declines. CAGRs over five years generally show modest growth trends across regions.
Future trends to watch include the potential for increased government spending in sustainable mining and green manufacturing, driven by global environmental commitments. Technological advancements and geopolitical shifts may also impact future government allocations in this sector.
Top countries in Government Expenditures on Mining, Manufactoring and Construction by Country
| # | 10 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 12,150 | 2023 | -0.3% | -0.45% | View data |
| 2 | 2 Italy | 10,350 | 2023 | +0.88% | +3.95% | View data |
| 3 | 3 Germany | 7,130 | 2023 | +0.084% | +0.93% | View data |
| 4 | 4 Romania | 2,730 | 2023 | +0.18% | -0.19% | View data |
| 5 | 5 Australia | 2,520 | 2023 | +0.067% | +0.69% | View data |
| 6 | 6 Poland | 840.47 | 2023 | +0.32% | +0.91% | View data |
| 7 | 7 Spain | 813.28 | 2023 | -6.24% | -5.42% | View data |
| 8 | 8 Portugal | 809.15 | 2023 | +0.72% | +1.53% | View data |
| 9 | 9 France | 646.09 | 2023 | -0.46% | -6.64% | View data |
| 10 | 10 Hungary | 571.15 | 2023 | +5.09% | +15.52% | View data |
