HM Treasury · 13 December 20195 July 2024

Total managed expenditure during the Conservative 2019–2024 government

Year ending March 2019Year ending March 2024 · 5 periods

43.3%+£371.4bn £ billion

Total managed expenditure rose by 43.3% over the period, from £857.6bn £ billion (Year ending March 2019, the level when the government took office) to £1.23tn (Year ending March 2024, the last complete period before it left office).

  1. Inherited level Year ending March 2019: £857.6bn
  2. Level when it left Year ending March 2024: £1.23tn
  3. method: latest complete period before start / before end

Changes during this period do not by themselves show what the government caused. Statistics reflect many influences, including earlier decisions, the economy and how the data is collected.

Total managed expenditure: Year ending March 2003 to Year ending March 2025LabourLabourLabourLabourCoalitionCoalitionConservativeConservativeConservativeConservativeLabour05001k20052010201520202025Year ending March 2003: £454bn £ billion · published 17 July 2025Year ending March 2004: £495.3bn £ billion · published 17 July 2025Year ending March 2005: £535.9bn £ billion · published 17 July 2025Year ending March 2006: £566.5bn £ billion · published 17 July 2025Year ending March 2007: £594bn £ billion · published 17 July 2025Year ending March 2008: £631.3bn £ billion · published 17 July 2025Year ending March 2009: £688.4bn £ billion · published 17 July 2025Year ending March 2010: £723.1bn £ billion · published 17 July 2025Year ending March 2011: £744.2bn £ billion · published 17 July 2025Year ending March 2012: £745.5bn £ billion · published 17 July 2025Year ending March 2013: £760bn £ billion · published 17 July 2025Year ending March 2014: £766.6bn £ billion · published 17 July 2025Year ending March 2015: £788.2bn £ billion · published 17 July 2025Year ending March 2016: £795.9bn £ billion · published 17 July 2025Year ending March 2017: £813.2bn £ billion · published 17 July 2025Year ending March 2018: £840.3bn £ billion · published 17 July 2025Year ending March 2019: £857.6bn £ billion · published 17 July 2025Year ending March 2020: £888.7bn £ billion · published 17 July 2025Year ending March 2021: £1.11tn £ billion · published 17 July 2025Year ending March 2022: £1.04tn £ billion · published 17 July 2025Year ending March 2023: £1.16tn £ billion · published 17 July 2025Year ending March 2024: £1.23tn £ billion · published 17 July 2025Year ending March 2025: £1.29tn £ billion · published 17 July 2025

Published valueProvisional or revisedLatestShaded bands: governments (see labels)Hover or use arrow keys to read a value

Definition and caveats

Everything the public sector spent in the financial year, in cash terms: expenditure on services plus the accounting adjustments that reconcile it to the national accounts.

Doesn’t measure: Spending by any one department or nation, or spending in real terms.