Government spending in the United Kingdom was last recorded at 54.4 percent of GDP in the 2020-21 fiscal year. source: Office for Budget Responsibility, UK

Government Spending to GDP in the United Kingdom averaged 39.87 percent from 1956 until 2021, reaching an all time high of 54.40 percent in 2021 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. United Kingdom Public Sector Total Spending to GDP - values, historical data and charts - was last updated on April of 2021.

Government Spending to GDP in the United Kingdom is expected to reach 46.00 percent by the end of 2021, 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 42.00 percent in 2022 and 41.90 percent in 2023, according to our econometric models.

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United Kingdom Public Sector Total Spending to GDP

Actual Previous Highest Lowest Dates Unit Frequency
54.40 39.80 54.40 34.50 1956 - 2021 percent Yearly
NSA

United Kingdom Government Last Previous Highest Lowest Unit
Government Debt to GDP 100.20 84.40 100.20 21.70 percent [+]
Government Budget -16.90 -2.60 4.80 -16.90 percent of GDP [+]
Government Budget Value -28005.00 -16046.00 11791.00 -47276.00 GBP Million [+]
Government Spending 104020.00 97527.00 104646.00 33126.00 GBP Million [+]
Government Spending to GDP 54.40 39.80 54.40 34.50 percent [+]
Government Debt 2141.70 2131.20 2141.70 52.10 GBP Billion [+]
Asylum Applications 3160.00 2790.00 5170.00 1175.00 persons [+]
Government Revenues 65089.00 65821.00 82617.00 17491.00 GBP Million [+]
Credit Rating 90.00 [+]
Military Expenditure 49916.00 49892.00 59766.00 28272.00 USD Million [+]