Government Spending in the United Kingdom increased to 94208 GBP Million in the first quarter of 2019 from 92768 GBP Million in the fourth quarter of 2018. Government Spending in the United Kingdom averaged 58819.09 GBP Million from 1955 until 2019, reaching an all time high of 94208 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 92170.44 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 93973.98 in 12 months time. In the long-term, the United Kingdom Government Spending is projected to trend around 96909.35 GBP Million in 2020, according to our econometric models.

United Kingdom Government Spending
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


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 6371.00 6093.00 19422.00 -15378.00 GBP Million [+]
Government Spending 94208.00 92768.00 94208.00 31579.00 GBP Million [+]
Government Spending to GDP 38.50 38.80 46.40 34.10 percent [+]
Government Debt -840.00 514.00 15430.00 -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 65091.00 64489.00 79391.00 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
94208.00 92768.00 94208.00 31579.00 1955 - 2019 GBP Million Quarterly
Constant Prices 2016, SA




Country Last Previous
Argentina 100173.00 Dec/18
Australia 89290.00 Dec/18
Brazil 115516.82 Mar/19
Canada 417805.00 Dec/18
China 220906.00 Dec/18
Euro Area 545.63 Dec/18
France 136745.00 Mar/19
Germany 143.97 Dec/18
India 3410.32 Dec/18
Indonesia 153652.73 Mar/19
Italy 78024.10 Dec/18
Japan 107892.20 Dec/18
Mexico 2193603.00 Dec/18
Netherlands 45186.00 Mar/19
Russia 4067.40 Dec/18
Saudi Arabia 195776.00 Dec/18
Singapore 10699.80 Dec/18
South Africa 643445.00 Dec/18
South Korea 62531.40 Mar/19
Spain 56820.00 Mar/19
Switzerland 19877.18 Dec/18
Turkey 69495065.30 Dec/18
United Kingdom 94208.00 Mar/19
United States 3207.68 Mar/19


Related

Latest