Government Spending in Russia
Summary
Government Spending in Russia 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 Russian government spending market recorded expenditure of $739.4 billion in 2024, representing a compound annual growth rate (CAGR) of 5.3% between 2019 and 2024.
- The healthcare segment accounted for the market's largest proportion in 2024, with a total expenditure of $121.3 billion, equivalent to 16.4% of the market's overall expenditure.
- The expansion of the Russian government spending market in 2024 was primarily driven by labor market stabilization efforts and industrial modernization programs. According to the Federal Reserve Bank of St. Louis, the youth unemployment rate in the Russian Federation stood at around 9.2%, amid growing demand for skilled workers in sectors such as manufacturing, IT, and logistics.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the government spending market in Russia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the government spending market in Russia
- 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 Russia government spending market with five year forecasts
- What was the size of the Russia government spending market by value in 2024?
- What will be the size of the Russia government spending market in 2029?
- What factors are affecting the strength of competition in the Russia government spending market?
- How has the market performed over the last five years?
- What are the main segments that make up Russia's government spending market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. United Aircraft Corp
- 8.2. Almaz-Antey Concern
- 8.3. Gazprom
- 8.4. Rossiiskie Zheleznye Dorogi
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Russia government spending sector value: $ billion, 2019-24
- Table 2: Russia government spending sector category segmentation: % share, by value, 2019-24
- Table 3: Russia government spending sector category segmentation: $ billion, 2019-24
- Table 4: Russia government spending sector geography segmentation: $ billion, 2024
- Table 5: Russia government spending sector value forecast: $ billion, 2024-29
- Table 6: United Aircraft Corp: Key Facts
- Table 7: United Aircraft Corp: Annual Financial Ratios
- Table 8: United Aircraft Corp: Key Employees
- Table 9: Almaz-Antey Concern: Key Facts
- Table 10: Almaz-Antey Concern: Key Employees
- Table 11: Gazprom: Key Facts
- Table 12: Gazprom: Annual Financial Ratios
- Table 13: Gazprom: Key Employees
- Table 14: Rossiiskie Zheleznye Dorogi: Key Facts
- Table 15: Russia Size of Population (Million), 2020-24
- Table 16: Russia Real GDP (Constant 2010 Prices, $ Billion), 2020-24
- Table 17: Russia GDP (Current Prices, $ Billion), 2020-24
- Table 18: Russia Inflation, 2020-24
- Table 19: Russia Consumer Price Index (Absolute), 2020-24
- Table 20: Russia Exchange Rate, 2019-24
- List of Figures
- Figure 1: Russia government spending sector value: $ billion, 2019-24
- Figure 2: Russia government spending sector category segmentation: $ billion, 2019-24
- Figure 3: Russia government spending sector geography segmentation: % share, by value, 2024
- Figure 4: Russia government spending sector value forecast: $ billion, 2024-29
- Figure 5: Forces driving competition in the government spending sector in Russia, 2024
- Figure 6: Drivers of buyer power in the government spending sector in Russia, 2024
- Figure 7: Drivers of supplier power in the government spending sector in Russia, 2024
- Figure 8: Factors influencing the likelihood of new entrants in the government spending sector in Russia, 2024
- Figure 9: Factors influencing the threat of substitutes in the government spending sector in Russia, 2024
- Figure 10: Drivers of degree of rivalry in the government spending sector in Russia, 2024
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook