The UK's public sector total spending to GDP was last recorded at 39.3 percent of GDP in 2018-19 fiscal year.
Government Spending to GDP in the United Kingdom averaged 39.63 percent from 1956 until 2019, reaching an all time high of 46.50 percent in 1976 and a record low of 34.50 percent in 1989. This page provides the latest reported value for - United Kingdom Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Office for Budget Responsibility, UK
Government Spending to GDP in the United Kingdom is expected to be 40.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Public Sector Total Spending to GDP is projected to trend around 39.70 percent in 2020, according to our econometric models.