Government Spending in the United Kingdom decreased to 115215 GBP Million in the first quarter of 2022 from 117221 GBP Million in the fourth quarter of 2021. source: Office for National Statistics
Government Spending in the United Kingdom averaged 66296.79 GBP Million from 1955 until 2022, reaching an all time high of 117221 GBP Million in the fourth quarter of 2021 and a record low of 34367 GBP Million in the second quarter of 1958. 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 - values, historical data and charts - was last updated on June of 2022.
Government Spending in the United Kingdom is expected to be 118238.00 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 121713.00 GBP Million in 2023 and 123661.00 GBP Million in 2024, according to our econometric models.