United Kingdom: Central government expenditure (% of GDP)
Percent of GDP · 1689–2024 · 336 observations · cgovexp_GDP
- 2024
- 41.3%percent of GDP
- Change on 2023
- −0.6 pointsfrom 41.9%
- Average, 2015–2024
- 40.3%10 years
- Record high and low
- 59.8% (1944)low 3.77% (1700)
Central government expenditure (% of GDP)
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Percent of GDP
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Compare with other countries →Definition of Central government expenditure (% of GDP)
Recent values
Percent of GDP
| Year | Value | |
|---|---|---|
| 2024 | 41.3 | |
| 2023 | 41.9 | |
| 2022 | 41.4 | |
| 2021 | 43.6 | |
| 2020 | 48.0 | |
| 2019 | 36.7 | |
| 2018 | 37.5 | |
| 2017 | 37.1 | |
| 2016 | 37.2 | |
| 2015 | 38.4 |
Sources
- Thomas, Hills & Dimsdale1689–2016
- HM Treasury1700–2022
- GPIH government budgets1799–1975
- Mitchell1830–1993
- Jordà-Schularick-Taylor1870–2020
- Feinstein1900–1964
- Sefton & Weale1920–1990
- World Development Indicators1972–2023
- IMF Government Finance Statistics1972–2024
Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →
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