Public Expenditure
The question
To ask the Chancellor of the Exchequer, what the percentage of Government spending was as a proportion of GDP on 5 July 2024.
Answered by Darren Jones
The Office for Budget Responsibility’s (OBR) last forecast for Total Managed Expenditure (TME) as a % of GDP ahead of 5 July 2024 is available in Table 2.3 (p29) of the Spring Budget 2024 document.
However, the OBR subsequently published a review of the March 2024 forecast for departmental expenditure limits, in which it set out that information about large spending pressures was not shared with them ahead of this forecast, and that “had this information been made available, a materially different judgement about RDEL spending in 2024-25 would have been reached”.
As of today, the OBR’s latest forecast for TME as a % of GDP is available in Table A.1 (p41) of the Spring Statement 2025 document.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →