Government Spending in the United Kingdom decreased to 96136 GBP Million in the first quarter of 2020 from 100275 GBP Million in the fourth quarter of 2019.
Government Spending in the United Kingdom averaged 60815.06 GBP Million from 1955 until 2020, reaching an all time high of 100275 GBP Million in the fourth quarter of 2019 and a record low of 32139 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 August of 2020. source: Office for National Statistics
Government Spending in the United Kingdom is expected to be 104740.00 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 108880.00 in 12 months time. In the long-term, the United Kingdom Government Spending is projected to trend around 109500.00 GBP Million in 2021 and 111200.00 GBP Million in 2022, according to our econometric models.