HM Treasury · Public Expenditure Statistical Analyses 2025, chapter 4: expenditure by function

Housing spending as a share of GDP

Year ending March 2025 Final

0.8%per cent of GDP

Housing spending as a share of GDP was 0.8% in the year ending March 2025, unchanged from the previous period (Year ending March 2024).

No change against Year ending March 2024 (previous period)

  1. HM Treasury rate
  2. Year ending March 2025
  3. published 17 July 2025
  4. Table 4.4
  5. row “6. Housing and community amenities
  6. column “2024-25
  7. cell value 0.8

Year ending March 2003 to Year ending March 2025

Housing spending as a share of GDP: Year ending March 2003 to Year ending March 2025LabourLabourLabourLabourCoalitionCoalitionConservativeConservativeConservativeConservativeLabour0%0.25%0.5%0.75%1%20052010201520202025Year ending March 2003: 0.4% per cent of GDP · published 17 July 2025Year ending March 2004: 0.5% per cent of GDP · published 17 July 2025Year ending March 2005: 0.6% per cent of GDP · published 17 July 2025Year ending March 2006: 0.8% per cent of GDP · published 17 July 2025Year ending March 2007: 0.8% per cent of GDP · published 17 July 2025Year ending March 2008: 0.8% per cent of GDP · published 17 July 2025Year ending March 2009: 1% per cent of GDP · published 17 July 2025Year ending March 2010: 1% per cent of GDP · published 17 July 2025Year ending March 2011: 0.8% per cent of GDP · published 17 July 2025Year ending March 2012: 0.6% per cent of GDP · published 17 July 2025Year ending March 2013: 0.6% per cent of GDP · published 17 July 2025Year ending March 2014: 0.5% per cent of GDP · published 17 July 2025Year ending March 2015: 0.5% per cent of GDP · published 17 July 2025Year ending March 2016: 0.5% per cent of GDP · published 17 July 2025Year ending March 2017: 0.5% per cent of GDP · published 17 July 2025Year ending March 2018: 0.5% per cent of GDP · published 17 July 2025Year ending March 2019: 0.6% per cent of GDP · published 17 July 2025Year ending March 2020: 0.6% per cent of GDP · published 17 July 2025Year ending March 2021: 0.7% per cent of GDP · published 17 July 2025Year ending March 2022: 0.6% per cent of GDP · published 17 July 2025Year ending March 2023: 0.7% per cent of GDP · published 17 July 2025Year ending March 2024: 0.8% per cent of GDP · published 17 July 2025Year ending March 2025: 0.8% per cent of GDP · published 17 July 2025

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

What this measures

Public sector spending on housing and community amenities as a percentage of GDP.

What this doesn’t measure

Spending in cash terms, or spending per resident.

Important caveat

PESA classifies spending by function using the UN COFOG framework, so "health" is every public body's spending on health services, not the Department of Health's budget, and "defence" follows COFOG rather than the NATO definition. Figures are outturn for the whole public sector including local government and public corporations. Cash figures rise with inflation; the real-terms table restates them at 2024-25 prices with the GDP deflator. Classification changes are footnoted in the table: student loans from 2011-12, Network Rail from 2011-12 and the treatment of EU transactions after 2020. Total managed expenditure includes accounting adjustments that are not allocated to any function.

Revision history

No period of this series has been revised since it was first ingested here. Revisions are recorded automatically when a later release publishes a different figure for the same period.

Source

Publisher
HM Treasury
Publication
Public Expenditure Statistical Analyses 2025, chapter 4: expenditure by function
Release
PESA 2025, published 17 July 2025
Source file
PESA_2025_CP_Chapter_4_tables.xlsx
File SHA-256
bc275bc1efed362ba3ed15fb27db010692caa879d201897dc5d64c46bc942570
Retrieved
3 September 2026
Sheet
4_4
Table
Table 4.4
Row
6. Housing and community amenities
Column
2024-25
Cell value
0.8
Geography
United Kingdom
Unit
per cent of GDP
API
/api/metrics/spend_housing_gdp · /series · /vintages

Government periods

Change during each government, from the level inherited to the last complete period before it left office. Describes the period; does not attribute cause.

Conservative 2019–20240.6%Year ending March 20190.8%Year ending March 2024 33.3%
Conservative 2017–20190.5%Year ending March 20170.6%Year ending March 2019 20.0%
Conservative 2015–20170.5%Year ending March 20150.5%Year ending March 2017 0.0%
Coalition 2010–20151%Year ending March 20100.5%Year ending March 2015 50.0%
Labour 2005–20100.6%Year ending March 20051%Year ending March 2010 66.7%

Full comparison with chart

Release
PESA 2025 · publication page
Last updated
17 July 2025
Next release expected
Not yet announced (estimated from the usual cadence)