United Kingdom - Goods and services expense

Goods and services expense (current LCU)

The value for Goods and services expense (current LCU) in United Kingdom was 117,344,000,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 117,344,000,000 in 2019 and a minimum value of 3,583,000,000 in 1972.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1972 3,583,000,000
1973 3,954,000,000
1974 5,067,000,000
1975 6,447,000,000
1976 7,898,000,000
1977 9,091,000,000
1978 10,559,000,000
1979 12,360,000,000
1980 15,805,000,000
1981 18,064,000,000
1982 20,342,000,000
1983 22,245,000,000
1984 23,631,000,000
1985 24,259,000,000
1986 25,420,000,000
1987 24,937,000,000
1988 26,586,000,000
1989 29,021,000,000
1990 31,748,000,000
1991 36,225,000,000
1992 41,199,000,000
1993 46,596,000,000
1994 55,796,000,000
1995 30,154,680,000
1996 32,016,700,000
1997 31,493,450,000
1998 33,992,910,000
1999 37,558,070,000
2000 40,757,380,000
2001 43,437,180,000
2002 48,538,250,000
2003 51,788,930,000
2004 58,151,350,000
2005 63,343,550,000
2006 68,002,720,000
2007 72,929,180,000
2008 82,779,170,000
2009 89,378,940,000
2010 90,329,250,000
2011 90,322,040,000
2012 93,893,000,000
2013 99,346,180,000
2014 103,522,000,000
2015 102,590,000,000
2016 103,404,000,000
2017 103,416,000,000
2018 107,648,000,000
2019 117,344,000,000

Goods and services expense (% of expense)

Goods and services expense (% of expense) in United Kingdom was 14.37 as of 2019. Its highest value over the past 47 years was 20.19 in 1994, while its lowest value was 10.01 in 1997.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1972 17.84
1973 17.45
1974 17.28
1975 16.17
1976 16.74
1977 17.46
1978 17.48
1979 17.55
1980 18.28
1981 17.91
1982 18.32
1983 18.67
1984 18.50
1985 17.71
1986 17.71
1987 16.50
1988 16.78
1989 17.27
1990 15.83
1991 16.07
1992 16.28
1993 17.62
1994 20.19
1995 10.02
1996 10.32
1997 10.01
1998 10.51
1999 11.22
2000 11.38
2001 11.52
2002 11.89
2003 11.55
2004 12.17
2005 12.36
2006 12.53
2007 12.71
2008 13.05
2009 13.63
2010 13.13
2011 13.05
2012 12.94
2013 13.89
2014 14.07
2015 13.83
2016 13.76
2017 13.42
2018 13.57
2019 14.37

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance