United Kingdom Government Spending to GDP  Forecast 2016-2020

Government Spending to GDP in the United Kingdom is expected to be 43.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Government Spending to GDP is projected to trend around 44.30 percent in 2020, according to our econometric models.

United Kingdom Government Spending to GDP
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Forecast Actual Q2/17 Q3/17 Q4/17 Q1/18 2020 Unit
Government Spending to GDP 42.1 43.4 43.4 43.4 43.6 44.3 percent
United Kingdom Government Spending to GDP 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 Spending to GDP 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 Spending to GDP - was last predicted on Monday, April 24, 2017.
United Kingdom Government Last Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 89.3 87 87 87 88 85
Government Budget -3 -3.7 -3.7 -3.7 -3.2 -2.2
Government Budget Value 12875 14560 16850 9230 19700 9980
Government Spending 91294 92540 92750 93050 93300 95590
Government Spending to GDP 42.1 43.4 43.4 43.4 43.6 44.3
Government Debt -1083 -7050 -8960 -6540 -3250 -5460
Credit Rating 94.83
Military Expenditure 59730 59662 60172 60682 60959 63316
Asylum Applications 2815 3040 3840 2910 3070 2210
Government Revenues 59250 54560 53200 55510 57020 61870