Government Spending in the United Kingdom increased to 93644 GBP Million in the first quarter of 2019 from 92919 GBP Million in the fourth quarter of 2018. Government Spending in the United Kingdom averaged 58818.70 GBP Million from 1955 until 2019, reaching an all time high of 93644 GBP Million in the first quarter of 2019 and a record low of 31579 GBP Million in the first quarter of 1958.

Government Spending in the United Kingdom is expected to be 92751.00 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in the United Kingdom to stand at 95433.00 in 12 months time. In the long-term, the United Kingdom Government Spending is projected to trend around 96909.00 GBP Million in 2020, according to our econometric models.

United Kingdom Government Spending
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United Kingdom Government Last Previous Highest Lowest Unit
Government Debt to GDP 84.70 85.10 85.10 21.80 percent [+]
Government Budget -2.00 -2.30 4.80 -9.90 percent of GDP [+]
Government Budget Value -4426.00 -2429.00 19203.00 -15378.00 GBP Million [+]
Government Spending 93644.00 92919.00 93644.00 31579.00 GBP Million [+]
Government Spending to GDP 38.50 38.80 46.40 34.10 percent [+]
Government Debt -6500.00 -3822.00 14532.00 -19956.00 GBP Million [+]
Military Expenditure 46883.00 46433.00 56163.00 25916.00 USD Million [+]
Credit Rating 94.83 [+]
Asylum Applications 3315.00 3720.00 5040.00 1655.00 persons [+]
Government Revenues 58697.00 56684.00 78738.00 17298.00 GBP Million [+]


United Kingdom Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides the latest reported value for - United Kingdom Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Government Spending - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
93644.00 92919.00 93644.00 31579.00 1955 - 2019 GBP Million Quarterly
Constant Prices 2016, SA




Country Last Previous
Argentina 90795.00 Mar/19
Australia 90142.00 Mar/19
Brazil 105533.40 May/19
Canada 422881.00 Mar/19
China 220906.00 Dec/18
Euro Area 546.04 Mar/19
France 136607.00 Mar/19
Germany 143.22 Mar/19
India 3686.66 Mar/19
Indonesia 153652.73 Mar/19
Italy 78566.20 Mar/19
Japan 107734.40 Mar/19
Mexico 2143950.00 Mar/19
Netherlands 45186.00 Mar/19
Russia 4035.60 Mar/19
Saudi Arabia 151611.00 Mar/19
Singapore 12422.70 Mar/19
South Africa 645563.00 Mar/19
South Korea 74118.60 Mar/19
Spain 56967.00 Mar/19
Switzerland 19991.24 Mar/19
Turkey 57997834.60 Mar/19
United Kingdom 93644.00 Mar/19
United States 3211.03 Mar/19


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