Government Spending in the United Kingdom increased to 94259 GBP Million in the second quarter of 2019 from 93644 GBP Million in the first quarter of 2019. Government Spending in the United Kingdom averaged 58956.06 GBP Million from 1955 until 2019, reaching an all time high of 94259 GBP Million in the second quarter of 2019 and a record low of 31579 GBP Million in the first quarter of 1958.

Government Spending in the United Kingdom is expected to be 92918.00 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 94955.00 in 12 months time. In the long-term, the United Kingdom Government Spending is projected to trend around 97067.00 GBP Million in 2020, according to our econometric models.

United Kingdom Government Spending
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United Kingdom Government Last Previous Highest Lowest Unit
Government Debt to GDP 84.70 85.10 85.10 21.80 percent [+]
Government Budget -2.00 -2.30 4.80 -9.90 percent of GDP [+]
Government Budget Value 2652.00 -3362.00 19309.00 -15378.00 GBP Million [+]
Government Spending 94259.00 93644.00 94259.00 31579.00 GBP Million [+]
Government Spending to GDP 38.50 38.80 46.40 34.10 percent [+]
Government Debt 1971.00 -5672.00 14628.00 -19956.00 GBP Million [+]
Military Expenditure 46883.00 46433.00 56163.00 25916.00 USD Million [+]
Credit Rating 94.83 [+]
Asylum Applications 3425.00 4090.00 5040.00 1655.00 persons [+]
Government Revenues 67887.00 59486.00 79062.00 17298.00 GBP Million [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
94259.00 93644.00 94259.00 31579.00 1955 - 2019 GBP Million Quarterly
Constant Prices 2016, SA




Country Last Previous
Argentina 90795.00 Mar/19
Australia 91328.00 Jun/19
Brazil 120212.48 Jul/19
Canada 424534.00 Jun/19
China 220906.00 Dec/18
Euro Area 553.63 Jun/19
France 136971.00 Jun/19
Germany 163.06 Jun/19
India 4218.93 Jun/19
Indonesia 209394.41 Jun/19
Italy 78508.00 Jun/19
Japan 109084.50 Jun/19
Mexico 2143950.00 Mar/19
Netherlands 45100.00 Jun/19
Russia 4035.60 Mar/19
Saudi Arabia 151611.00 Mar/19
Singapore 12496.60 Jun/19
South Africa 651189.00 Jun/19
South Korea 75743.40 Jun/19
Spain 58162.00 Jun/19
Switzerland 19989.06 Jun/19
Turkey 62009834.30 Jun/19
United Kingdom 94259.00 Jun/19
United States 3293.82 Jun/19


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