Government Spending to GDP in the United Kingdom averaged 39.61 percent of GDP from 1955 until 2020, reaching an all time high of 52 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 June of 2022.
Government Spending to GDP in the United Kingdom is expected to reach 42.00 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 Public Sector Total Spending to GDP is projected to trend around 41.90 percent of GDP in 2023 and 41.80 percent of GDP in 2024, according to our econometric models.