Stately

Total managed expenditure: record highs and lows

The extremes of total managed expenditure as published by HM Treasury, across the 23 periods held here (Year ending March 2003 to Year ending March 2025). Each record is a published figure, not a computed one, and the scope is this series — not “ever”.

The latest figure, £1.29tn in Year ending March 2025, is the highest in the whole published series of 23 periods. The rule: a period counts as beaten only when its figure is strictly below the latest, and the claim is only made when it reaches back at least five years.

Highest published

£1.29tnYear ending March 2025

Lowest published

£454bnYear ending March 2003

The full series

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

What a record here is, and is not

A record is the extreme of the periods this site holds for the current series, at each period’s newest published release. Earlier series measured under different methods are not compared against it. Money is in cash terms: a record set years ago stands against the money of its own year.