Government Spending in the United Kingdom increased to 92768 GBP Million in the fourth quarter of 2018 from 91488 GBP Million in the third quarter of 2018. Government Spending in the United Kingdom averaged 58680.86 GBP Million from 1955 until 2018, reaching an all time high of 92768 GBP Million in the fourth quarter of 2018 and a record low of 31579 GBP Million in the first quarter of 1958.

Government Spending in the United Kingdom is expected to be 92551.21 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 93095.06 in 12 months time. In the long-term, the United Kingdom Government Spending is projected to trend around 96097.85 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 19422.00 1430.00 19422.00 -15378.00 GBP Million [+]
Government Spending 92768.00 91488.00 92768.00 31579.00 GBP Million [+]
Government Spending to GDP 38.50 38.80 46.40 34.10 percent [+]
Government Debt 15759.00 -2142.00 15759.00 -19956.00 GBP Million [+]
Military Expenditure 48383.40 48118.90 58314.80 26944.20 USD Million [+]
Credit Rating 94.83 [+]
Asylum Applications 3840.00 3310.00 5040.00 1655.00 persons [+]
Government Revenues 79391.00 59568.00 79391.00 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
92768.00 91488.00 92768.00 31579.00 1955 - 2018 GBP Million Quarterly
Constant Prices 2016, SA




Country Last Previous
Argentina 95670.00 Sep/18
Australia 89290.00 Dec/18
Brazil 106811.05 Jan/19
Canada 417805.00 Dec/18
China 220906.00 Dec/18
Euro Area 545.63 Dec/18
France 136541.00 Dec/18
Germany 143.97 Dec/18
India 3410.32 Dec/18
Indonesia 283404.39 Dec/18
Italy 78024.10 Dec/18
Japan 107892.20 Dec/18
Mexico 2120744.19 Sep/18
Netherlands 44795.00 Dec/18
Russia 3930.20 Sep/18
Saudi Arabia 156928.00 Sep/18
Singapore 10699.80 Dec/18
South Africa 643445.00 Dec/18
South Korea 62355.80 Dec/18
Spain 56676.00 Dec/18
Switzerland 19877.18 Dec/18
Turkey 69495065.30 Dec/18
United Kingdom 92768.00 Dec/18
United States 3195.33 Dec/18


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