Government Spending in the United Kingdom decreased to 150653 GBP Million in the second quarter of 2026 from 151058 GBP Million in the first quarter of 2026. Government Spending - 2023 in the United Kingdom averaged 86326.91 GBP Million from 1955 until 2026, reaching an all time high of 151058.00 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 151487.00 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 153466.00 GBP Million in 2027 and 155614.00 GBP Million in 2028, according to our econometric models.



United Kingdom Government Spending - 2023
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
150653.00 151058.00 151058.00 42994.00 1955 - 2026 GBP Million Quarterly
Constant Prices 2023, SA