United Kingdom (UK, Great Britain or the British Isles) General government total expenditure (National Currency) Statistics

19, May 2019, EDT.

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Country or Region: United Kingdom (UK, Great Britain or the British Isles) › Change country
Economic Indicator: General government total expenditure (National Currency) › See all United Kingdom indicators, › See General government total expenditure (National Currency) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: United Kingdom Pound (Sterling)
Currency Symbol: GBP

Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account. Source: National Statistics Office Latest actual data: 2014 Fiscal assumptions: Fiscal projections are based on the U.K.?s 2016 Budget, published in March 2016. However, on the revenue side, the authorities? projections are adjusted for differences between IMF staff forecasts of macroeconomic variables (such as GDP growth) and the forecasts of these variables assumed in the authorities? fiscal projections. IMF staff data exclude public sector banks and the effect of transferring assets from the Royal Mail Pension Plan to the public sector in April 2012. Real government consumption and investment are part of the real GDP path, which, according to the IMF staff, may or may not be the same as projected by the U.K. Office for Budget Responsibility. Start/end months of reporting year: January/D

General government total expenditure (National Currency) Statistics for United Kingdom (UK, Great Britain or the British Isles), Year 2015 - In Detail

General government total expenditure (National Currency) for United Kingdom is GBP 748.757 Billions. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

In the previous year, 2014, General government total expenditure (National Currency) for United Kingdom was GBP 745.28 Billions General government total expenditure (National Currency) for United Kingdom in 2015 was or will be 0.47% more than it was or will be in 2014.

In the following or forecasted year, 2016, General government total expenditure (National Currency) for United Kingdom was or will be GBP 764.23 Billions, which is 2.07% more than the 2015 figure.

* Source: IMF
General government total expenditure (National Currency) for United Kingdom, in other Years
Year Billions
  2021 859.51
  2020 827.972
  2019 804.818
  2018 794.214
  2017 778.628
  2016 764.231
2015 748.757
  2014 745.284
  2013 729.349
  2012 731.456
  2011 710.133
  2010 705.774
  2009 681.42
  2008 640.061
  2007 585.823
  2006 557.874
  2005 527.217
  2004 495.049
  2003 460.396
  2002 420.498
  2001 390.014
  2000 367.459
  1999 347.855
  1998 337.692
  1997 327.449
  1996 320.657
  1995 317.251
  1994 301.293
  1993 288.771
  1992 274.401
  1991 250.912
  1990 232.609
  1989 205.766
  1988 189.516
  1987 180.429
  1986 170.73
  1985 163.492
  1984 152.389
  1983 141.21
  1982 130.808
  1981 120.339
  1980 101.675