Government Spending in the United Kingdom decreased to 91629 GBP Million in the third quarter of 2018 from 91863 GBP Million in the second quarter of 2018. Government Spending in the United Kingdom averaged 58548.18 GBP Million from 1955 until 2018, reaching an all time high of 92121 GBP Million in the first quarter of 2018 and a record low of 31579 GBP Million in the first quarter of 1958.

Government Spending in the United Kingdom is expected to be 93285.00 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 93902.00 in 12 months time. In the long-term, the United Kingdom Government Spending is projected to trend around 96199.00 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 85.30 82.60 85.30 21.70 percent [+]
Government Budget -2.30 -3.80 4.80 -9.90 percent of GDP [+]
Government Budget Value -3181.00 -3357.00 17451.00 -15411.00 GBP Million [+]
Government Spending 91629.00 91863.00 92121.00 31579.00 GBP Million [+]
Government Spending to GDP 41.10 41.50 51.20 35.40 percent [+]
Government Debt -2112.00 -6252.00 13316.00 -19956.00 GBP Million [+]
Military Expenditure 48383.40 48118.90 58314.80 26944.20 USD Million [+]
Credit Rating 94.83 [+]
Asylum Applications 2925.00 2845.00 5040.00 1655.00 persons [+]
Government Revenues 56563.00 59931.00 74375.00 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
91629.00 91863.00 92121.00 31579.00 1955 - 2018 GBP Million Quarterly
Constant Prices 2016, SA




Country Last Previous
Argentina 95670.00 Sep/18
Australia 87057.00 Sep/18
Brazil 115583.12 Nov/18
Canada 417220.00 Sep/18
China 203330.00 Dec/17
Euro Area 542.69 Sep/18
France 136072.00 Sep/18
Germany 142.29 Sep/18
India 4216.64 Sep/18
Indonesia 205839.31 Sep/18
Italy 78350.00 Sep/18
Japan 107015.20 Sep/18
Mexico 2120744.19 Sep/18
Netherlands 44573.00 Sep/18
Russia 3930.20 Sep/18
Saudi Arabia 156928.00 Sep/18
Singapore 10674.70 Sep/18
South Africa 643704.00 Sep/18
South Korea 62355.80 Dec/18
Spain 55858.00 Sep/18
Switzerland 19864.58 Sep/18
Turkey 58201812.20 Sep/18
United Kingdom 91629.00 Sep/18
United States 3192.01 Sep/18


Related

Latest