United Kingdom | Goods and services expense (current LCU)
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. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
United Kingdom of Great Britain and Northern Ireland
Records
63
Source
United Kingdom | Goods and services expense (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
3583000000 1972
3954000000 1973
5067000000 1974
6447000000 1975
7898000000 1976
9091000000 1977
10559000000 1978
12360000000 1979
15805000000 1980
18064000000 1981
20342000000 1982
22245000000 1983
23631000000 1984
24259000000 1985
25420000000 1986
24937000000 1987
26586000000 1988
29021000000 1989
31748000000 1990
36225000000 1991
41199000000 1992
46596000000 1993
55796000000 1994
29669000000 1995
31511000000 1996
30861000000 1997
33133000000 1998
36422000000 1999
39524000000 2000
41935000000 2001
46733000000 2002
49599000000 2003
55584000000 2004
60370000000 2005
64636000000 2006
69153000000 2007
78633000000 2008
84753000000 2009
85416000000 2010
84801000000 2011
88518000000 2012
93811000000 2013
98256000000 2014
97365000000 2015
97942000000 2016
97747000000 2017
101395000000 2018
109643000000 2019
134020000000 2020
150734000000 2021
2022
United Kingdom | Goods and services expense (current LCU)
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. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
United Kingdom of Great Britain and Northern Ireland
Records
63
Source