United Kingdom Government Budget  Forecast 2016-2020

Government Budget in the United Kingdom is expected to be -2.60 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Government Budget is projected to trend around -0.90 percent of GDP in 2020, according to our econometric models.

United Kingdom Government Budget
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Forecast Actual Q3/17 Q4/17 Q1/18 Q2/18 2020 Unit
Government Budget -3 -2.6 -2.6 -2.9 -2.9 -0.9 percent of GDP
United Kingdom Government Budget Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of United Kingdom Government Budget using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - United Kingdom Government Budget - was last predicted on Tuesday, July 25, 2017.



United Kingdom Government Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Government Debt to GDP 89.3 87 87 89 89 85
Government Budget -3 -2.6 -2.6 -2.9 -2.9 -0.9
Government Budget Value -7182 16850 9230 19700 21600 9980
Government Spending 91945 92750 93050 93300 93660 95590
Government Spending to GDP 42.1 43.4 43.4 43.6 43.6 44.3
Government Debt -6278 -8960 -6540 -3250 -3970 -5460
Credit Rating 94.83
Military Expenditure 54217 54769 55109 55300 55490 56949
Asylum Applications 3140 3840 2910 3070 3040 2210
Government Revenues 54304 53200 55510 57020 55960 61870