Government spending in the United Kingdom was recorded at 52.1 percent of GDP in the 2020-21 fiscal year. source: Office for Budget Responsibility, UK

Government Spending to GDP in the United Kingdom averaged 39.84 percent of GDP from 1955 until 2020, reaching an all time high of 52.10 percent of GDP in 2020 and a record low of 34.50 percent of GDP in 1988. 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 September of 2021.

Government Spending to GDP in the United Kingdom is expected to reach 46.70 percent of GDP 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 42.00 percent of GDP in 2022, according to our econometric models.

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United Kingdom Public Sector Total Spending to GDP

Actual Previous Highest Lowest Dates Unit Frequency
52.10 39.80 52.10 34.50 1955 - 2020 percent of GDP Yearly
NSA

United Kingdom Government Last Previous Highest Lowest Unit
Government Debt to GDP 97.20 84.40 97.20 21.70 percent of GDP [+]
Government Budget -14.20 -2.60 4.80 -14.20 percent of GDP [+]
Government Budget Value -20514.00 -6940.00 11506.00 -52479.00 GBP Million [+]
Government Spending 111997.00 105601.00 111997.00 33126.00 GBP Million [+]
Government Spending to GDP 52.10 39.80 52.10 34.50 percent of GDP [+]
Government Debt 2202.90 2201.50 2206.60 52.10 GBP Billion [+]
Credit Rating 90.00 [+]
Military Expenditure 58485.00 56856.00 64257.00 30751.00 USD Million [+]
Asylum Applications 10158.00 6939.00 27891.00 5554.00 persons [+]
Government Revenues 70022.00 62192.00 83219.00 17491.00 GBP Million [+]