United Kingdom: Government expenditure
* indicates monthly or quarterly data series
The most recent value is 167.24 billion U.K. Pound Sterling as of Q1 2026, an increase compared to the previous value of 162.47 billion U.K. Pound Sterling. Historically, the average for the United Kingdom from Q1 1995 to Q1 2026 is 85.02 billion U.K. Pound Sterling. The minimum of 35.83 billion U.K. Pound Sterling was recorded in Q2 1995, while the maximum of 167.24 billion U.K. Pound Sterling was reached in Q1 2026.
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* indicates monthly or quarterly data series
- Measure: billion U.K. Pound Sterling
- Source: OECD
| Recent values | United Kingdom: Government expenditure, billion currency units |
|---|---|
| 2026 Q1 | 167.24 |
| 2025 Q4 | 162.47 |
| 2025 Q3 | 161.32 |
| 2025 Q2 | 159.38 |
| 2025 Q1 | 158.54 |
| 2024 Q4 | 156.87 |
| 2024 Q3 | 151.02 |
| 2024 Q2 | 148.96 |
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Definition: Total spending by all levels of government but excluding public enterprises.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 21.23 | 2025 | percent |
| Government spending, in dollars | 849.56 | 2025 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -5.75 | 2024 | percent |
| Primary budget balance | -3.79 | 2024 | percent |
| Government expenditure | 167.24 | Q1/2026 | billion |
| Long-term interest rate | 4.80 | 6/2026 | percent |
| Tax revenue | 26.89 | 2024 | percent |
| Commercial tax rate | 30.60 | 2019 | percent |
| Tax preparation time | 114 | 2019 | hours |
| Taxes on goods and services | 31.09 | 2024 | percent |
| Taxes on international trade | 0.56 | 2024 | percent |
| Income and profits taxes | 40.58 | 2024 | percent |
| Government debt | 101.23 | 2024 | percent |
| Government debt in foreign currency, percent | 0.70 | 2024 | percent |
| Government debt held by non-residents | 18.17 | 2024 | percent |
| Sovereign debt average maturity | 13.97 | 2024 | percent |
| Short-term government debt | 9.97 | 2024 | percent |