Category Archives: Pensions

A Century of UK Government Spending

Charts:

UK Total Government Spending 1910 – 2012 – Percentage of GDP

UK Total Government Spending 1910 – 2012 – in 2012 Pounds Sterling and scaled up for population increase to 2012 levels.

UK Government Spending on Welfare/”Benefits” 1910 – 2012 – Percentage of GDP

UK Government Spending on Welfare/”Benefits” 1910 – 2012 – in 2012 Pounds Sterling and scaled up for population increase to 2012 levels.

UK Government Spending on Education 1910 – 2012 – Percentage of GDP

UK Government Spending on Education 1910 – 2012 – in 2012 Pounds Sterling and scaled up for population increase to 2012 levels.

UK Government Spending on State Protection (Police, Fire, Courts etc) 1910 – 2012 – Percentage of GDP

UK Government Spending on (Police, Fire, Courts etc) 1910 – 2012 – in 2012 Pounds Sterling and scaled up for population increase to 2012 levels.

UK Government Spending on Defence 1910 – 2012 – Percentage of GDP

 

Example:

UK – Breakdown of Government Spending

1910

Pensions = 0%
Healthcare = 0.4%
Education = 2.3%
Welfare = 1.0%
Defence = 2.9%
Safety (police etc) = 0.5%
Transport (trains, roads etc) = 2.7%

Total Government Spending 1910 = 15% of GDP

2013

Pensions = 8.5%
Healthcare = 7.7%
Education = 5.9%
Welfare = 7.2%
Defence = 2.8%
Safety = 1.9%
Transport = 1.1%
Interest on Debts = 2.7%
“Accounting adjustments” = 1.5%

Total Government Spending 2013 = 42% of GDP

Source: http://www.ukpublicspending.co.uk

Analysis of data: CIR Strategy.