United Kingdom Government Budget Value  Forecast 2016-2020

Government Budget Value in the United Kingdom is expected to be 16620.00 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in the United Kingdom to stand at 9230.00 in 12 months time. In the long-term, the United Kingdom Government Budget Value is projected to trend around 9980.00 GBP Million in 2020, according to our econometric models.

United Kingdom Government Budget Value
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Forecast Actual Q1/17 Q2/17 Q3/17 Q4/17 2020 Unit
Government Budget Value 12875 16620 14560 16850 9230 9980 GBP Million
United Kingdom Government Budget Value Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of United Kingdom Government Budget Value using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - United Kingdom Government Budget Value - was last predicted on Sunday, March 26, 2017.
United Kingdom Government Last Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 89.2 87 87 87 87 85
Government Budget -4.4 -4.5 -4.5 -4.5 -4.5 -0.8
Government Budget Value 12875 16620 14560 16850 9230 9980
Government Spending 91464 92330 92540 92750 93050 95590
Government Spending to GDP 43.2 43.44 43.19 42.94 42.7 44.3
Government Debt -1083 -6250 -7050 -8960 -6540 -5460
Credit Rating 94.83
Military Expenditure 59730 59662 60172 60682 60959 63316
Asylum Applications 3080 3020 3040 3840 2910 2210
Government Revenues 59250 56379 55566 58250 56518 56874