Public spending since 1900, per cent of GDP during the Labour 2024– government
Year ending March 2024 → Year ending March 2031 · 7 periods
↑ 0.5%+0.2% of GDP
Public spending since 1900, per cent of GDP rose by 0.5% over the period, from 44.1% of GDP (Year ending March 2024, the level when the government took office) to 44.3% (Year ending March 2031, the latest available).
Inherited level Year ending March 2024: 44.1%
Latest Year ending March 2031: 44.3%
method: latest complete period before start / before end
Changes during this period do not by themselves show what the government caused. Statistics reflect many influences, including earlier decisions, the economy and how the data is collected.
Published valueProvisional or revisedLatestShaded bands: governments (see labels)Hover, tap or use arrow keys to read a value; tap again to unpinThe chart as a table
Period
Public spending since 1900, per cent of GDP
Year ending March 1901
14.4%
Year ending March 1902
15.5%
Year ending March 1903
14.9%
Year ending March 1904
13.8%
Year ending March 1905
13.2%
Year ending March 1906
12.5%
Year ending March 1907
11.8%
Year ending March 1908
11.6%
Year ending March 1909
12.2%
Year ending March 1910
12.5%
Year ending March 1911
12.4%
Year ending March 1912
12.4%
Year ending March 1913
12.5%
Year ending March 1914
14%
Year ending March 1915
24.5%
Year ending March 1916
42%
Year ending March 1917
45.9%
Year ending March 1918
47.2%
Year ending March 1919
42.2%
Year ending March 1920
27.8%
Year ending March 1921
22.7%
Year ending March 1922
27.7%
Year ending March 1923
26.8%
Year ending March 1924
25.3%
Year ending March 1925
24.8%
Year ending March 1926
25.7%
Year ending March 1927
26.9%
Year ending March 1928
25.5%
Year ending March 1929
25.5%
Year ending March 1930
25.9%
Year ending March 1931
27.4%
Year ending March 1932
29.4%
Year ending March 1933
28.7%
Year ending March 1934
26.8%
Year ending March 1935
26%
Year ending March 1936
26.2%
Year ending March 1937
26.3%
Year ending March 1938
27.4%
Year ending March 1939
30.8%
Year ending March 1940
40.1%
Year ending March 1941
55.5%
Year ending March 1942
59.7%
Year ending March 1943
60.9%
Year ending March 1944
62.2%
Year ending March 1945
61.8%
Year ending March 1946
55.1%
Year ending March 1947
43.5%
Year ending March 1948
37.7%
Year ending March 1949
38.6%
Year ending March 1950
38.5%
Year ending March 1951
39.2%
Year ending March 1952
40.6%
Year ending March 1953
41.3%
Year ending March 1954
40.5%
Year ending March 1955
38.9%
Year ending March 1956
35.8%
Year ending March 1957
36%
Year ending March 1958
35.2%
Year ending March 1959
35.9%
Year ending March 1960
35.9%
Year ending March 1961
35.9%
Year ending March 1962
37.6%
Year ending March 1963
37.3%
Year ending March 1964
37.3%
Year ending March 1965
37%
Year ending March 1966
38.5%
Year ending March 1967
40%
Year ending March 1968
42.9%
Year ending March 1969
41.4%
Year ending March 1970
40.1%
Year ending March 1971
39.5%
Year ending March 1972
39.3%
Year ending March 1973
38.5%
Year ending March 1974
40.3%
Year ending March 1975
44.7%
Year ending March 1976
46.5%
Year ending March 1977
45.1%
Year ending March 1978
42.3%
Year ending March 1979
41.4%
Year ending March 1980
40.9%
Year ending March 1981
42.8%
Year ending March 1982
42.8%
Year ending March 1983
43.1%
Year ending March 1984
42.7%
Year ending March 1985
42.4%
Year ending March 1986
40.3%
Year ending March 1987
39.2%
Year ending March 1988
37%
Year ending March 1989
34.4%
Year ending March 1990
34.6%
Year ending March 1991
34.8%
Year ending March 1992
36.7%
Year ending March 1993
38.2%
Year ending March 1994
37.8%
Year ending March 1995
37.4%
Year ending March 1996
37.2%
Year ending March 1997
35.4%
Year ending March 1998
35.5%
Year ending March 1999
35%
Year ending March 2000
34.6%
Year ending March 2001
34.9%
Year ending March 2002
36.1%
Year ending March 2003
37.4%
Year ending March 2004
38.7%
Year ending March 2005
39.7%
Year ending March 2006
39.7%
Year ending March 2007
39.7%
Year ending March 2008
40%
Year ending March 2009
43%
Year ending March 2010
46%
Year ending March 2011
45.5%
Year ending March 2012
44.4%
Year ending March 2013
43.8%
Year ending March 2014
42.2%
Year ending March 2015
41.6%
Year ending March 2016
40.8%
Year ending March 2017
40%
Year ending March 2018
39.7%
Year ending March 2019
39.1%
Year ending March 2020
39.1%
Year ending March 2021
52.3%
Year ending March 2022
43.4%
Year ending March 2023
44.1%
Year ending March 2024
44.1%
Year ending March 2025
44%
Year ending March 2026
44.3%
Year ending March 2027
44.9%
Year ending March 2028
44.9%
Year ending March 2029
44.6%
Year ending March 2030
44.4%
Year ending March 2031
44.3%
Definition and caveats
Total managed expenditure as a share of GDP for every financial year since 1900-01, as compiled by the OBR; years after the stated outturn date are the OBR's forecast.
Doesn’t measure: Spending on any single service, or spending in cash terms.