Government Spending in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Government spending refers to the money spent by the government of a country to provide goods and services to its citizens. It helps to drive economic growth, create employment opportunities, and improve the standard of living for its citizens.
- The South African government spending market recorded expenditure of $134.6 billion in 2024, representing a compound annual growth rate (CAGR) of 2.0% between 2019 and 2024.
- The education segment accounted for the market's largest proportion in 2024, with a total expenditure of $25.2 billion, equivalent to 18.7% of the market's overall expenditure.
- The expansion of the South African government spending market in 2024 was largely driven by efforts to rebuild economic resilience and tackle youth unemployment challenges. According to Statistics South Africa (Stats SA), the youth unemployment rate in South Africa increased to 60.2% in Q3 2024 from 58.0% in Q3 2023.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the government spending market in South Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the government spending market in South Africa
- Leading company profiles reveal details of key government spending market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Africa government spending market with five year forecasts
Reasons to Buy
- What was the size of the South Africa government spending market by value in 2024?
- What will be the size of the South Africa government spending market in 2029?
- What factors are affecting the strength of competition in the South Africa government spending market?
- How has the market performed over the last five years?
- What are the main segments that make up South Africa's government spending market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aveng Ltd
- Eskom Holdings SOC Ltd
- Passenger Rail Agency of South Africa
- Paramount Group Inc