Government Spending in the United Kingdom increased to 106683 GBP Million in the first quarter of 2021 from 104020 GBP Million in the fourth quarter of 2020. source: Office for National Statistics
Government Spending in the United Kingdom averaged 63469.90 GBP Million from 1955 until 2021, reaching an all time high of 106683 GBP Million in the first quarter of 2021 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 June of 2021.
Government Spending in the United Kingdom is expected to be 109000.00 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 108400.00 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.