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Government Spending in Singapore

Government Spending in Singapore

Summary

Government Spending in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The government spending sector is the total amount of public sector expenditure at any sort of level, including central government, local government etc. It is split into the following segments: defense, education, social protection, healthcare, and other. The defense segment includes all military and civil defense spending, foreign military aid, research and development, and other defense related expenditure. The education segment includes all spending on pre-primary, primary, secondary, and tertiary education, as well as education not definable by level, subsidiary services, research and development, and other education related expenditure. The social protection segment includes all spending on sickness and disability, old age, survivors, family and children, unemployment, housing, social exclusion, research and development, and other social protection expenditure. The health segments includes all spending on medical products, appliances, and equipment, as well as outpatient, hospital, and public health services, research and development, and other health expenditure. The other segment includes spending on general public services, public order and safety, economic affairs, environmental protection, housing and community amenities, and recreation, culture and religion, and other government expenditure. Any currency conversions used in the creation of this report have been calculated using constant 2017 annual average exchange rates.
  • The Singaporean government spending sector had total revenues of $73.3bn in 2017, representing a compound annual growth rate (CAGR) of 9.2% between 2013 and 2017.
  • The education segment was the sector's most lucrative in 2017, with total revenues of $10.9bn, equivalent to 14.9% of the sector's overall value.
  • Singapore's education system is considered one of the best globally, ranked the highest by the OECD's Programme for International Student Assessment (Pisa) tests in mathematics, reading, and science.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the government spending market in Singapore
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the government spending market in Singapore
  • 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 Singapore government spending market with five year forecasts
Reasons to buy
  • What was the size of the Singapore government spending market by value in 2017?
  • What will be the size of the Singapore government spending market in 2022?
  • What factors are affecting the strength of competition in the Singapore government spending market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Singapore's government spending market?


Executive Summary
Market value
Market value forecast
Category segmentation
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market Segmentation
Category segmentation
Geography segmentation
Market Outlook
Market value forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Lockheed Martin Corporation
Public Utilities Board
SMRT Corporation Ltd.
Singapore Technologies Engineering Ltd
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: Singapore government spending sector value: $ billion, 2013–17
Table 2: Singapore government spending sector category segmentation: $ billion, 2017
Table 3: Singapore government spending sector geography segmentation: $ billion, 2017
Table 4: Singapore government spending sector value forecast: $ billion, 2017–22
Table 5: Lockheed Martin Corporation: key facts
Table 6: Lockheed Martin Corporation: key financials ($)
Table 7: Lockheed Martin Corporation: key financial ratios
Table 8: Public Utilities Board: key facts
Table 9: SMRT Corporation Ltd.: key facts
Table 10: SMRT Corporation Ltd.: key financials ($)
Table 11: SMRT Corporation Ltd.: key financials (Si$)
Table 12: SMRT Corporation Ltd.: key financial ratios
Table 13: Singapore Technologies Engineering Ltd: key facts
Table 14: Singapore Technologies Engineering Ltd: key financials ($)
Table 15: Singapore Technologies Engineering Ltd: key financials (Si$)
Table 16: Singapore Technologies Engineering Ltd: key financial ratios
Table 17: Singapore size of population (million), 2013–17
Table 18: Singapore gdp (constant 2005 prices, $ billion), 2013–17
Table 19: Singapore gdp (current prices, $ billion), 2013–17
Table 20: Singapore inflation, 2013–17
Table 21: Singapore consumer price index (absolute), 2013–17
Table 22: Singapore exchange rate, 2013–17
List of Figures
Figure 1: Singapore government spending sector value: $ billion, 2013–17
Figure 2: Singapore government spending sector category segmentation: % share, by value, 2017
Figure 3: Singapore government spending sector geography segmentation: % share, by value, 2017
Figure 4: Singapore government spending sector value forecast: $ billion, 2017–22
Figure 5: Forces driving competition in the government spending sector in Singapore, 2017
Figure 6: Drivers of buyer power in the government spending sector in Singapore, 2017
Figure 7: Drivers of supplier power in the government spending sector in Singapore, 2017
Figure 8: Factors influencing the likelihood of new entrants in the government spending sector in Singapore, 2017
Figure 9: Factors influencing the threat of substitutes in the government spending sector in Singapore, 2017
Figure 10: Drivers of degree of rivalry in the government spending sector in Singapore, 2017
Figure 11: Lockheed Martin Corporation: revenues & profitability
Figure 12: Lockheed Martin Corporation: assets & liabilities
Figure 13: SMRT Corporation Ltd.: revenues & profitability
Figure 14: SMRT Corporation Ltd.: assets & liabilities
Figure 15: Singapore Technologies Engineering Ltd: revenues & profitability
Figure 16: Singapore Technologies Engineering Ltd: assets & liabilities

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