Corporation tax revenue by industry, 2018–19
Corporation tax revenue as a share of GDP over time
Revenue from North Sea oil and gas as a share of GDP over time
Total spending and spending by function, as a percentage of national income and in £ billion (2019−20 prices)
Health, education and defence as shares of total spending
Components of UK government spending in 2019−20
Components of UK government spending since 1955−56
UK government spending over time
What does the government spend money on?
On the eve of the COVID-19 pandemic, government spending was almost £890 billion, or around 40% of GDP. Health spending is a growing share of the total.
How did COVID affect government revenues, spending, borrowing and debt?
The COVID-19 crisis entailed a record-breaking fall in output and increase in government spending. The economy will bounce back but debt remain high.