Factcheck LedgerReceipts, not verdicts

UK public spending on economic affairs by year

Transport, enterprise and economic development, science and technology, employment policies and agriculture.

Spending, 2025-26
£94.0 billion
HM Treasury, PESA
Share of GDP
3.1%
2025-26

HM Treasury's Public Expenditure Statistical Analyses (PESA) put public spending on economic affairs at £94.0 billion in 2025-26. In 2024-25 it was £88.0 billion, so the cash figure changed by +6.8%. Adjusted to 2025-26 prices, it was £59.0 billion in 2003-04 and £94.0 billion in 2025-26. As a share of GDP it was 3.1% in 2025-26; the highest share in the table is 9.3% in 2020-21.

£196.3£33 2003-042025-26
Every value in the official series, 2003-04 to 2025-26.

Spending by year

YearCashChange on previous yearReal terms (2025-26 prices)Share of GDP
2025-26£94.0 billion+6.8%£94.0 billion3.1%
2024-25£88.0 billion-6.8%£91.0 billion3.0%
2023-24£94.4 billion-24.2%£101.6 billion3.4%
2022-23£124.5 billion+27.4%£141.1 billion4.7%
2021-22£97.7 billion-50.2%£118.5 billion4.1%
2020-21£196.3 billion+194.7%£238.6 billion9.3%
2019-20£66.6 billion+9.7%£85.2 billion2.9%
2018-19£60.7 billion+14.5%£79.7 billion2.8%
2017-18£53.0 billion+7.9%£71.2 billion2.5%
2016-17£49.1 billion+4.7%£66.8 billion2.4%
2015-16£46.9 billion+14.4%£65.1 billion2.4%
2014-15£41.0 billion+0.5%£57.3 billion2.2%
2013-14£40.8 billion+11.5%£57.9 billion2.3%
2012-13£36.6 billion-2.9%£53.0 billion2.1%
2011-12£37.7 billion-5.5%£55.5 billion2.2%
2010-11£39.9 billion-17.9%£60.0 billion2.4%
2009-10£48.6 billion-2.0%£74.3 billion3.1%
2008-09£49.6 billion+33.0%£76.8 billion3.1%
2007-08£37.3 billion-0.3%£59.9 billion2.4%
2006-07£37.4 billion+6.2%£61.3 billion2.5%
2005-06£35.2 billion+5.1%£59.4 billion2.5%
2004-05£33.5 billion+1.5%£58.1 billion2.5%
2003-04£33.0 billion£59.0 billion2.6%

PESA 2026 Tables 4.2, 4.3 and 4.4, line "4. Economic affairs". About these figures · CSV

Sources and receipts