In the fiscal year ending in 2023, total UK public spending, including central government and local authorities, was £1,134.1 billion. In the fiscal year ending in 2024, total UK public spending is expected to be £1,145.1 billion.
Spending / Pie Chart
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GDP / Spending
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Expenditure data since 1983 comes from HM Treasury’s Public Expenditure Statistical Analysis reports.
Detailed table of spending data sources here.
Gross Domestic Product data comes from measuringworth.com.
Central government spending data begins in 1692.
Local authority spending data begins in 1868.
GDP: OBR EFO supp. economy tables
Revenue: OBR March 2018 Economic and fiscal outlook – charts and tables: fiscal
Debt: OBR Public Finances Databank
> revenue data sources for other years
On March 16, 2024 we updated UK revenue forecast data for 2023-24 to 2026-27 from the Office of Budget Responsibility's March 2024 Economic and fiscal outlook report in a zip file labeled "March 2024 Economic and fiscal outlook - charts and tables (zip file)" and a spreadsheet file named "Annex_A_charts_and_tables_March_2024.xlsx" and Table A.5: Current Receipts in tab "TA.5".
2022-23 Forecast | March 2023 £ billion | March 2024 £ billion |
Central Government | £951.9 | £987.4 |
Local Authorities | £68.1 | £670.6 |
Total UK Revenue | £1,020.0 | £1,058.0 |
On March 16, 2024 we updated UK deficit forecast data for 2023-24 to 2028-29 from the Office of Budget Responsibility's March 2024 Economic and fiscal outlook report Table 6.5 Components of Net Borrowing in tab "6.5" in a zip file labeled "March 2024 Economic and fiscal outlook - detailed forecast tables (zip file)" and a spreadsheet file named "Detailed_forecast_tables_Aggregates_March_2024.xlsx".
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