United Kingdom Government Budget  Forecast 2016-2020

Government Budget in the United Kingdom is expected to be -3.80 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Government Budget is projected to trend around -0.80 percent of GDP in 2020, according to our econometric models.

United Kingdom Government Budget
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Forecast Actual Q1/17 Q2/17 Q3/17 Q4/17 2020 Unit
Government Budget -4.4 -4.5 -4.5 -4.5 -4.5 -0.8 percent of GDP
United Kingdom Government Budget 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 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 - was last predicted on Friday, March 24, 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