Economic Outlook No 117 — General government consumption of fixed in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Economic Outlook No 117 — General government consumption of fixed was 65.00 billion in 2026. ◆ Volatile
Economic Outlook No 117 — General government consumption of fixed in United Kingdom of Great Britain and Northern Ireland, 1970–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
The most recent figure for economic outlook no 117 — general government consumption of fixed in United Kingdom of Great Britain and Northern Ireland is 65.00 billion, measured in 2026. That is the highest value across all 57 years on record.
That represents a change of up 1.4% on the previous year and up 58.0% over ten years.
Over the whole period, economic outlook no 117 — general government consumption of fixed in United Kingdom of Great Britain and Northern Ireland peaked at 65.00 billion in 2026 and was at its lowest, 1.04 billion, in 1970.
United Kingdom of Great Britain and Northern Ireland ranks 15th of 27 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 117 — General government consumption of fixed in United Kingdom of Great Britain and Northern Ireland, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 1.04 billion | — |
| 1971 | 1.19 billion | +14.1% |
| 1972 | 1.38 billion | +15.7% |
| 1973 | 1.65 billion | +19.7% |
| 1974 | 1.97 billion | +19.6% |
| 1975 | 2.47 billion | +24.9% |
| 1976 | 2.93 billion | +18.8% |
| 1977 | 3.28 billion | +11.8% |
| 1978 | 3.70 billion | +13.0% |
| 1979 | 4.38 billion | +18.3% |
| 1980 | 5.38 billion | +22.7% |
| 1981 | 5.99 billion | +11.4% |
| 1982 | 6.33 billion | +5.6% |
| 1983 | 6.45 billion | +1.9% |
| 1984 | 6.69 billion | +3.8% |
| 1985 | 7.13 billion | +6.5% |
| 1986 | 7.58 billion | +6.3% |
| 1987 | 8.08 billion | +6.6% |
| 1988 | 8.98 billion | +11.1% |
| 1989 | 10.33 billion | +15.1% |
| 1990 | 12.34 billion | +19.4% |
| 1991 | 12.60 billion | +2.1% |
| 1992 | 12.21 billion | -3.1% |
| 1993 | 12.38 billion | +1.4% |
| 1994 | 13.12 billion | +5.9% |
| 1995 | 14.13 billion | +7.7% |
| 1996 | 14.87 billion | +5.3% |
| 1997 | 15.31 billion | +2.9% |
| 1998 | 16.11 billion | +5.2% |
| 1999 | 16.91 billion | +4.9% |
| 2000 | 17.64 billion | +4.3% |
| 2001 | 18.51 billion | +4.9% |
| 2002 | 19.64 billion | +6.1% |
| 2003 | 21.31 billion | +8.5% |
| 2004 | 22.12 billion | +3.8% |
| 2005 | 23.99 billion | +8.5% |
| 2006 | 25.87 billion | +7.8% |
| 2007 | 27.72 billion | +7.2% |
| 2008 | 30.28 billion | +9.2% |
| 2009 | 32.40 billion | +7.0% |
| 2010 | 33.00 billion | +1.8% |
| 2011 | 34.32 billion | +4.0% |
| 2012 | 35.85 billion | +4.5% |
| 2013 | 37.06 billion | +3.4% |
| 2014 | 38.57 billion | +4.1% |
| 2015 | 39.73 billion | +3.0% |
| 2016 | 41.13 billion | +3.5% |
| 2017 | 42.56 billion | +3.5% |
| 2018 | 43.70 billion | +2.7% |
| 2019 | 45.45 billion | +4.0% |
| 2020 | 46.65 billion | +2.6% |
| 2021 | 47.94 billion | +2.8% |
| 2022 | 52.27 billion | +9.0% |
| 2023 | 57.36 billion | +9.7% |
| 2024 | 60.85 billion | +6.1% |
| 2025 | 64.11 billion | +5.4% |
| 2026 | 65.00 billion | +1.4% |
United Kingdom of Great Britain and Northern Ireland compared with similar countries
- United Kingdom of Great Britain and Northern Ireland's 65.00 billion is below the median for high income countries, which is 66.43 billion, 98% of the median. (27 countries reporting)
- United Kingdom of Great Britain and Northern Ireland's 65.00 billion is above the median for Europe & Central Asia, which is 42.22 billion, 1.5× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.40 billion | 1.04 billion | 4.38 billion | 10 |
| 1980s | 7.29 billion | 5.38 billion | 10.33 billion | 10 |
| 1990s | 14.00 billion | 12.21 billion | 16.91 billion | 10 |
| 2000s | 23.95 billion | 17.64 billion | 32.40 billion | 10 |
| 2010s | 39.14 billion | 33.00 billion | 45.45 billion | 10 |
| 2020s | 56.31 billion | 46.65 billion | 65.00 billion | 7 |
Countries ranked near United Kingdom of Great Britain and Northern Ireland
More economy & growth data for United Kingdom of Great Britain and Northern Ireland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.14 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 86.93 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0217 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,251 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 76.63 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 691.49 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0191 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,103 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 22.77 % change on previous year (2025)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is economic outlook no 117 — general government consumption of fixed in United Kingdom of Great Britain and Northern Ireland?
- Economic outlook no 117 — general government consumption of fixed in United Kingdom of Great Britain and Northern Ireland was 65.00 billion in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — general government consumption of fixed recorded in United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 65.00 billion in 2026.
- What is the lowest economic outlook no 117 — general government consumption of fixed recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was 1.04 billion in 1970.
- How does United Kingdom of Great Britain and Northern Ireland rank for economic outlook no 117 — general government consumption of fixed?
- United Kingdom of Great Britain and Northern Ireland ranks 15th out of 27 countries with data for 2026.
- Is economic outlook no 117 — general government consumption of fixed rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is up 58.0%. The long-run trend across the full record is volatile.
- Where does this United Kingdom of Great Britain and Northern Ireland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 117 — General government consumption of fixed capital. Statizoid updates them automatically from the source API.
Download this data
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About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact : eco.outlook@oecd.org Keywords : Outlook, forecasts, forecast, GDP