Government Spending in the United Kingdom increased to 104020 GBP Million in the fourth quarter of 2020 from 97527 GBP Million in the third quarter of 2020. source: Office for National Statistics
Government Spending in the United Kingdom averaged 63306.21 GBP Million from 1955 until 2020, reaching an all time high of 104646 GBP Million in the second quarter of 2019 and a record low of 33126 GBP Million in the second quarter of 1958. 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 - values, historical data and charts - was last updated on May of 2021.
Government Spending in the United Kingdom is expected to be 108880.00 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 109500.00 in 12 months time. In the long-term, the United Kingdom Government Spending is projected to trend around 111200.00 GBP Million in 2022 and 110600.00 GBP Million in 2023, according to our econometric models.