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Total Managed Expenditure, current prices, real terms, and % of GDP
Total managed expenditure is the sum of the current and capital expenditure of central government, local government and public corporations.
The real terms figures are adjusted to price levels of 2003-04.
Outturn data are the latest national accounts' figures from ONS dated 20th July 2004. There are cuurently no forecasts on a consistent basis. Please refer to paragraph A.16 of the Spending Review 2004 for details.
Total Managed Expenditure
Current prices
Real terms
£ billion
£ billion
(2003-04 prices)
Percentage
of GDP
Outturn
1963-64
12.1
167.8
38.9
1964-65
13.0
172.8
38.5
1965-66
14.4
181.7
39.6
1966-67
15.9
193.0
41.3
1967-68
18.2
214.3
44.5
1968-69
19.2
216.3
43.3
1969-70
20.2
215.6
42.4
1970-71
22.6
222.5
42.7
1971-72
25.1
227.3
42.5
1972-73
28.1
234.7
41.9
1973-74
33.2
259.3
44.5
1974-75
43.6
284.6
48.9
1975-76
55.5
289.0
49.9
1976-77
63.3
291.0
48.8
1977-78
69.1
279.4
45.8
1978-79
78.2
284.7
45.3
1979-80
93.1
290.2
44.8
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1980-81
111.8
295.1
47.3
1981-82
124.9
300.8
48.1
1982-83
137.5
309.4
48.5
1983-84
148.7
320.0
48.2
1984-85
158.9
325.0
48.0
1985-86
165.3
320.6
45.6
1986-87
171.2
321.9
44.1
1987-88
181.5
323.2
42.1
1988-89
189.0
314.6
39.4
1989-90
208.4
324.0
39.7
1990-91
225.3
324.6
40.0
1991-92
251.9
342.4
42.3
1992-93
272.1
358.1
44.2
1993-94
284.6
365.0
43.6
1994-95
298.1
376.7
43.2
1995-96
310.5
381.3
42.6
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1996-97
315.6
375.1
40.8
1997-98
321.0
372.0
39.0
1998-99
330.5
372.2
38.1
1999-00
341.3
376.2
37.1
2000-01
364.5
397.2
37.9
2001-02
388.0
412.3
38.6
2002-03
418.4
430.0
39.6
Provisional Outturn
2003-04
453.4
453.4
40.6
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Public Spending Totals and Fiscal Balances index
Public Spending Statistics index
