Government Budget in the United Kingdom averaged -2.67 percent of GDP from 1948 until 2020, reaching an all time high of 4.80 percent of GDP in 1949 and a record low of -15 percent of GDP in 2020. This page provides - United Kingdom Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Government Budget - values, historical data and charts - was last updated on July of 2022.
Government Budget in the United Kingdom is expected to reach -5.40 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Government Budget is projected to trend around -3.90 percent of GDP in 2023 and -1.90 percent of GDP in 2024, according to our econometric models.