United Kingdom Government SpendingUnited Kingdom Government SpendingUnited Kingdom Government Spending

United Kingdom Government Spending

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Key data points


Last release
Observation period
Q2 2024
Next release
Forecast
Highest
‪135.19 B‬GBP on Jun 30, 2024
Lowest
‪34.21 B‬GBP on Mar 31, 1958

About United Kingdom Government Spending


Category
Government
Frequency
Quarterly
Units
GBP
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.