Government Spending to GDP in the United Kingdom averaged 35.55 percent of GDP from 1900 until 2021, reaching an all time high of 62.20 percent of GDP in 1943 and a record low of 11.60 percent of GDP in 1907. 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. United Kingdom Public Sector Total Spending to GDP - values, historical data and charts - was last updated on March of 2023.
Government Spending to GDP in the United Kingdom is expected to reach 47.20 percent of GDP by the end of 2023, 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 46.40 percent of GDP in 2024 and 45.10 percent of GDP in 2025, according to our econometric models.