Government Spending to GDP in the United Kingdom averaged 39.87 percent from 1956 until 2021, reaching an all time high of 54.40 percent in 2021 and a record low of 34.50 percent in 1989. This page provides the latest reported value for - United Kingdom Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Public Sector Total Spending to GDP - values, historical data and charts - was last updated on June of 2021.
Government Spending to GDP in the United Kingdom is expected to reach 50.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Public Sector Total Spending to GDP is projected to trend around 47.00 percent in 2022 and 44.00 percent in 2023, according to our econometric models.