In 2023, the United States led central government expenditures on housing and community amenities, with a value significantly higher than other countries, despite a decrease of 1.02% from the previous year. The United Kingdom saw an increase of 3.05%, while Japan recorded a modest rise of 1.96%. Italy, Romania, and Hungary showed robust spending growth, with increases of 6.51%, 7.17%, and 7.8%, respectively. Conversely, Spain experienced a substantial decline of 42.68%. Over the past five years, significant reductions in expenditures were noted in countries such as Austria and Portugal, with increases in select countries like Iceland.
Future trends to watch include potential shifts in spending priorities due to economic pressures or policy changes emphasizing sustainable infrastructure and affordable housing. Given the varying trends by country, ongoing economic and political developments will likely influence spending, potentially leading to increased investment in housing to address affordability and urbanization challenges.
Top countries in Central Government Expenditures on Housing and Community Amenities by Country
| # | 10 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 61,970 | 2023 | -1.44% | -1.02% | View data |
| 2 | 2 United Kingdom | 55,960 | 2023 | +2.76% | +3.05% | View data |
| 3 | 3 Japan | 29,090 | 2023 | +1.44% | +1.96% | View data |
| 4 | 4 Italy | 7,470 | 2023 | +2% | +6.51% | View data |
| 5 | 5 Romania | 6,160 | 2023 | +4.3% | +7.17% | View data |
| 6 | 6 South Korea | 5,650 | 2023 | +1.24% | +0.73% | View data |
| 7 | 7 France | 5,170 | 2023 | -4.26% | -5.33% | View data |
| 8 | 8 Germany | 3,580 | 2023 | -1.5% | -0.67% | View data |
| 9 | 9 Hungary | 2,640 | 2023 | +5.23% | +7.8% | View data |
| 10 | 10 Australia | 2,190 | 2023 | +3.41% | +3.02% | View data |
