Total Expenditure (central government) — Value Standard Local Currency in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Total Expenditure (central government) — Value Standard Local Currency was 1.23 million million SLC in 2024. ▲ Rising
Total Expenditure (central government) — Value Standard Local Currency in United Kingdom of Great Britain and Northern Ireland, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, total expenditure (central government) — value standard local currency in United Kingdom of Great Britain and Northern Ireland stood at 1.23 million million SLC. That is the highest value across all 24 years on record.
That represents a change of up 4.1% on the previous year and up 66.7% over ten years.
Over the whole period, total expenditure (central government) — value standard local currency in United Kingdom of Great Britain and Northern Ireland peaked at 1.23 million million SLC in 2024 and was at its lowest, 380,441 million SLC, in 2001.
That places United Kingdom of Great Britain and Northern Ireland 61st out of 174 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Total Expenditure (central government) — Value Standard Local Currency in United Kingdom of Great Britain and Northern Ireland, year by year
| Year | million SLC | Change |
|---|---|---|
| 2001 | 380,441 million SLC | — |
| 2002 | 409,933 million SLC | +7.8% |
| 2003 | 450,928 million SLC | +10.0% |
| 2004 | 486,086 million SLC | +7.8% |
| 2005 | 519,357 million SLC | +6.8% |
| 2006 | 552,060 million SLC | +6.3% |
| 2007 | 580,180 million SLC | +5.1% |
| 2008 | 646,826 million SLC | +11.5% |
| 2009 | 673,085 million SLC | +4.1% |
| 2010 | 699,445 million SLC | +3.9% |
| 2011 | 699,179 million SLC | -0.0% |
| 2012 | 725,562 million SLC | +3.8% |
| 2013 | 714,790 million SLC | -1.5% |
| 2014 | 736,501 million SLC | +3.0% |
| 2015 | 750,242 million SLC | +1.9% |
| 2016 | 759,428 million SLC | +1.2% |
| 2017 | 780,181 million SLC | +2.7% |
| 2018 | 806,076 million SLC | +3.3% |
| 2019 | 831,535 million SLC | +3.2% |
| 2020 | 1.03 million million SLC | +24.1% |
| 2021 | 1.03 million million SLC | -0.4% |
| 2022 | 1.08 million million SLC | +5.4% |
| 2023 | 1.18 million million SLC | +8.9% |
| 2024 | 1.23 million million SLC | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 522,100 million SLC | 380,441 million SLC | 673,085 million SLC | 9 |
| 2010s | 750,294 million SLC | 699,179 million SLC | 831,535 million SLC | 10 |
| 2020s | 1.11 million million SLC | 1.03 million million SLC | 1.23 million million SLC | 5 |
Countries ranked near United Kingdom of Great Britain and Northern Ireland
More economy & growth data for United Kingdom of Great Britain and Northern Ireland
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 3.79 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 6.72 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 1.45 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 1.45 % change on previous year (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 1.45 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 6.72 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 1.45 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 3.79 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 17.87 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 16.77 % (2024)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is total expenditure (central government) — value standard local currency in United Kingdom of Great Britain and Northern Ireland?
- Total expenditure (central government) — value standard local currency in United Kingdom of Great Britain and Northern Ireland was 1.23 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value standard local currency recorded in United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 1.23 million million SLC in 2024.
- What is the lowest total expenditure (central government) — value standard local currency recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was 380,441 million SLC in 2001.
- How does United Kingdom of Great Britain and Northern Ireland rank for total expenditure (central government) — value standard local currency?
- United Kingdom of Great Britain and Northern Ireland ranks 61st out of 174 countries with data for 2024.
- Is total expenditure (central government) — value standard local currency rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is up 66.7%. The long-run trend across the full record is rising.
- Where does this United Kingdom of Great Britain and Northern Ireland data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.