This study note looks at government spending in the UK.
Government spending is spending by the public sector on goods and services such as education, health care and defence.
Total UK government spending was around £745 billion in 2015. This was 43% of GDP. Of this, £50 billion was on capital spending. Spending on public services such as education & health is 22% of GDP.
Social welfare protection is the largest element of government spending, with the NHS and Education the biggest single departmental items.
Government Current and Capital Spending
Current spending – on providing public services
Capital spending – new public infrastructure
Economic Importance of Government Spending
How Government Spending can affect Incomes
Welfare state transfers
State-provided services (in-kind benefits)
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