Government Spending in the United Kingdom increased to 149462 GBP Million in the first quarter of 2026 from 148909 GBP Million in the fourth quarter of 2025. Government Spending in the United Kingdom averaged 86095.38 GBP Million from 1955 until 2026, reaching an all time high of 149462.00 GBP Million in the first quarter of 2026 and a record low of 42994.00 GBP Million in the first quarter of 1958. source: Office for National Statistics

Government Spending in the United Kingdom is expected to be 150804.00 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Government Spending is projected to trend around 153259.00 GBP Million in 2027 and 155404.00 GBP Million in 2028, according to our econometric models.



Related Last Previous Unit Reference
Fiscal Expenditure 124098.00 118295.00 GBP Million Mar 2026
GDP Net Trade Contribution -0.19 -0.29 percentage points Mar 2026
Public Sector Net Borrowing Ex Banks -12600.00 -14329.00 GBP Million Mar 2026
Government Debt 2910.80 2881.90 GBP Billion Mar 2026
Government Revenues 111493.00 105474.00 GBP Million Mar 2026
Government Spending 149462.00 148909.00 GBP Million Mar 2026
Interest Payments on Government Debt 3210.00 12962.00 GBP Million Mar 2026
Public Sector Net Borrowing -12605.00 -12821.00 GBP Million Mar 2026
Public Sector Net Debt to GDP 93.80 93.10 percent of GDP Mar 2026
Tax Revenue 73984.00 71992.00 GBP Million Mar 2026


United Kingdom Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.
Actual Previous Highest Lowest Dates Unit Frequency
149462.00 148909.00 149462.00 42994.00 1955 - 2026 GBP Million Quarterly
Constant Prices 2023, SA