United Kingdom | Goods and services expense (% of expense)
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
Create chart Download showed records Download Full dataset
United Kingdom | Goods and services expense (% of expense)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
17.8400717 1972
17.4454004 1973
17.27936162 1974
16.16883605 1975
16.74085379 1976
17.45784845 1977
17.47831557 1978
17.5473466 1979
18.28330152 1980
17.9090864 1981
18.31606054 1982
18.67319186 1983
18.49871618 1984
17.70807481 1985
17.71206399 1986
16.50418611 1987
16.77593594 1988
17.27471324 1989
15.82612597 1990
16.07221293 1991
16.28361046 1992
17.61843364 1993
20.19274963 1994
9.34418433 1995
9.58145192 1996
9.37525632 1997
9.73686685 1998
10.34548383 1999
10.50890721 2000
10.6166976 2001
10.95013824 2002
10.65019003 2003
11.22224421 2004
11.39256511 2005
11.51350302 2006
11.6493324 2007
11.96432294 2008
12.49237218 2009
12.02872835 2010
11.9480772 2011
11.92217815 2012
13.10549947 2013
13.39323686 2014
13.22493321 2015
13.20519406 2016
12.65521728 2017
12.55690515 2018
13.37922299 2019
13.35839819 2020
15.10303215 2021
2022
United Kingdom | Goods and services expense (% of expense)
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
Create chart Download showed records Download Full dataset