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Components of UK government spending since 1955−56
UK government spending over time
What does the government spend money on?
In 2022–23, government spending was almost £1,200 billion, or around 45% 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.