In FY 2024, total UK government spending, central government and local authorities, is “guesstimated” to be £1,063.3 billion. Central government spending is budgeted at £862.5 biillion; and local spending is “guesstimated” at £200.9 billion.
In fiscal year 2024 the governments in the United Kingdom are expected to spend about
41
percent of
Gross Domestic Product. Most of the money goes for health care, education, pensions, and welfare
programs.
Governments in the UK will spend £1,063.3 billion in 2024.
Table 2.01: Total Spending in 2024
In fiscal 2024 HM Treasury estimates that central government spending will be £862.5. We estimate that local authority spending for 2024 will be £200.9.
Total spending at all levels of government in the United Kingdom is estimated to be £1,063.3 billion in 2024.
The three big programs each cost over £100 billion a year.
Table 2.02: Total Spending Breakdown FY 2024
Where does all the money go? It is really quite simple. Governments at both levels, central and local, spend about £191.1 billion a year on pensions, including the state pension and civil service pensions. The government spends about £215.0 billion a year on health care, principally the NHS. Governments spend about £107.5 billion a year on education at all levels, at both the central government at the local authority level. The central government spends £57.7 billion a year on defence, including the Ministry of Defence, the Foreign Office and aid programs. Governments spend £142.3 billion on “Social Security” or welfare programs. All other spending amounts to about £250 billion, including interest on the national debt. It all adds up to £1,063.3 billion for 2024.
Although the four big government programs — pensions, health care, education, and welfare — each cost about £100 billion a year they are distributed unequally between the levels of government.
Chart 2.04: Total Spending Details
Total government spending in the United Kingdom, including central government and local authorities, is expected to total £1,063.3 billion in 2024. The total features four major functions. Of the total spending, health care takes a 20 percent share, pensions takes a 17 percent share, and education a 10 percent share. All other functions, including defense and interest on the debt, take up 53 percent of spending.
Chart 2.05: Central Spending Details
Central government spending is budgeted at £862.5 billion for FY 2024, and includes three major functions. Health care, the National Health Service, takes a 24 percent of central spending, Pensions take 21 percent of central spending, Defence takes 7 percent of central spending. All other spending, including defence and interest on the national debt, takes 48 percent of central government spending.
Chart 2.06: Local Spending Details
Local authority spending, as estimated by ukpublicspending.co.uk, will total about £200.9 billion in FY 2024, and features two major functions. Education takes a 26 percent share, and protection, police and fire, takes a 9 percent share of local authority spending. All other spending takes a 65 percent share of local authority spending, with each function taking less than a 7 percent share.
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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.
table chart spend/gdp debt/gdp uk gdp uk real gdp 2016 breakdown central+local central local uk budget health education defence transport 2015
GDP: OBR EFO supp. economy tables
Spending: HM Treasury PESA
Debt: OBR Public Finances Databank
> spending data sources for other years
On May 19, 2023 ukpublicspending.co.uk updated UK GDP and public debt outturn and forecasts released with the Office of Budget Responsibility in March 2023.
Recent and forecast GDP comes from the UK Office of Budget Responsibility's Economic and fiscal outlook report, using table 1.1 from tab "1.1" and table 1.2 from tab "1.2" in a spreadsheet file labeled "Economic and fiscal outlook --supplementary economy tables". UK GDP previous to 2009 comes from Measuring Worth. The data goes back to 1700.
Note that chain-linked GDP is now in 2018 pounds.
Public sector net debt, outturn and forecast, comes from a tab called "Aggregates (£bn)" in the Public Finances Databank spreadsheet at the Office of Budget Responsibility.
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