Bar chart comparing total procurement values

How Does Procurement Compare By Country?

December 17, 2020
Analysis, Procurement

Fiona Hunt.

This simple graph gives us a fascinating insight into the respective size of government spending globally. From the recent report by Open Contracting Partnership and Spend Network, on quantifying global spend, this graph illustrates the dominance of the BRIC countries (Brazil, Russia, India, and China)when it comes to government spending, making up 40% of annual government procurement.

Comparatively, the collective of EU plus UK makes up approx 19%, with the US not far behind on 15%.

In total, these markets, plus the remaining 24% from the rest of the world, make up around US$13trillion annual spending by governments.

It’s almost impossible to conceptualise this number, it’s almost beyond our frame of reference.

But it’s important to think about it, and particularly important to consider the transparency of governments on where they spend money, and with whom.

This is where the work of Open Contracting and Spend Network becomes so important. Their estimates are that just US$362.8 billion was openly published. That’s just 2.8%.

Of that 2.8%, the USA publishes the most contract data with US$117.8 billion or 6.5% of total spend being transparent.

The UK follows closely behind with US$101.8 billion or 28.4% of total spend being openly published.

And by ‘openly published’, or transparent, we mean that all data and documents are disclosed at all stages of the contracting. We know who has bought what from whom and for how much.

Transparency improves competition and provides greater effectiveness as well as improved service delivery.

Consider the global impacts of even the smallest increase in transparency, to economies and society as a whole.

To talk to us about our data, and how we can help you do more business with government, get in touch.

GRAPH NOTES: China dominates the BRIC countries’ public procurement expenditure. The EU27+1 accounts for 19% of the worldwide total, compared to the US’ 15% BRICs = Brazil, Russia, India and China EU28 = All 28 members of the European Union at the time of writing: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom Latin America = Argentina, Bolivia, Colombia, Chile, Costa Rica, Cuba, Dominican Republic, Ecuador, El Salvador, Guatemala, Mexico, Panama, Paraguay, Peru, Uruguay

September 29, 2022

£900k Government Fund To Help Charities Win Public Contracts.

The Department for Digital, Culture, Media & Sport (DCMS) is running a Voluntary, Community and Social Enterprise (VCSE) Contract Readiness Fund grant...
September 27, 2022

New EU Procurement Instrument Now Law.

About a year ago, we wrote an article on the new procurement instrument approved by the European Union. In recent weeks this...
September 20, 2022

Blacklisting Gets Tested.

Back in June we wrote about blacklisting of suppliers and the Government’s intention to prevent poorly performing suppliers from bidding for government...
September 8, 2022

UK Risks Its Place On Anti-Corruption Body

The UK has been placed ‘under review’ by the 77-country-strong Open Government Partnership (OGP) due to its failure to meet mandatory criteria...
September 8, 2022

Thurrock Exposes Transparency Blind Spot

An investigation by The Bureau of Investigative Journalism (TBIJ) into investments by Thurrock Borough Council has led to the resignation of the...
September 6, 2022

New Zealand Government Reviewing Procurement System.

It’s always encouraging when we see governments around the world looking to improve their procurement transparency and efficiency. The New Zealand Government...
September 1, 2022

Collecting Data For Sustainable Procurement In Construction

Over the last few weeks we have been looking at setting a sustainable procurement framework in the construction industry, and what kind...
August 30, 2022

Selecting Data For Sustainable Procurement In Construction

It is estimated that around 40-50% of natural resources are transformed into construction material, and that as much as 30% of all...
August 25, 2022

Setting A Sustainable Procurement Framework For Construction

When procuring construction projects, it can be useful to underpin sustainability criteria on existing policy and regulation. When assessing the enabling framework,...
August 18, 2022

Big Net Zero Contract Win For Small Cornish Business

A small Cornish company has purportedly won a £70bn contract to help deliver the country's transition to Net Zero. The Penzance based...
August 16, 2022

Supporting Sustainable Procurement In ICT

One of the key challenges of sustainably procuring ICT lies in the lack of transparency in supply chains. To overcome this challenge,...
August 11, 2022

Why Is Sustainable Procurement Important For The ICT Sector?

The extraction of raw materials, manufacturing, transportation, use, and disposal of ICT products is associated with a number of environmental, social, and...
August 10, 2022

Shifts Towards Sustainable Sourcing

A while ago,  we shared an article on findings by the Boston Consulting Group and the World Economic Forum that showed procurement is responsible...
August 9, 2022

Supporting Sustainable Procurement In The Construction Industry

Construction projects are usually long and complex, involving the participation of different stakeholders throughout the different project stages. There are certain factors...
August 4, 2022

Why Is Open SPP Important In The Construction Sector?

The construction industry is estimated to account for 6% of global GDP, with Africa's construction market valued at around USD 5.4 billion...

Newsletter

Compelling research, insights and data directly into your inbox.

Recent media stories

The Times
May 30, 2022
CIPFA
August 3, 2021

Search

Scroll to Top