Key data points
Last release
—
Observation period
Q4 2023
Next release
—
Forecast
—
Highest
117.60 BGBP on Mar 31, 2022
Lowest
34.21 BGBP on Mar 31, 1958
About United Kingdom Government Spending
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.