Home → United Kingdom → Government Spending → 1974

United Kingdom - Government Spending 1974

Government expenditure as % of GDP · World Bank
33.25% +4.42% from 1973 Global rank: 38th

United Kingdom's government spending was 33.25% in 1974, increased +4.42% from 28.84% in 1973. This was the 38th highest globally.

Global Ranking - 1974▾
Government Spending by Country - 1974
RankCountryValueYoY
1st India 8.73% -
2nd Honduras 8.87% -1.5%
3rd Thailand 10.33% -13.3%
4th Dominican Republic 11.27% 5.6%
5th Mexico 11.67% 12.0%
6th Peru 11.75% -10.7%
7th Korea 12.16% 9.0%
8th Japan 12.21% 12.0%
9th Türkiye 12.28% -18.9%
10th Switzerland 13.02% 5.1%
11th Singapore 13.21% -4.6%
12th Indonesia 13.23% 17.0%
13th Mauritius 14.00% -2.9%
14th Costa Rica 15.06% -3.1%
15th South Africa 16.04% 6.4%
16th Spain 16.41% 1.3%
17th United States 17.88% -0.1%
18th Australia 18.12% -1.7%
19th Greece 18.46% 15.1%
20th Kuwait 19.41% -15.4%
21st Finland 21.09% 6.1%
22nd Luxembourg 21.59% -2.0%
23rd Tunisia 21.67% 0.9%
24th Uruguay 21.93% 37.7%
25th Germany 22.11% 7.8%
26th Chile 23.50% -9.3%
27th Sweden 24.20% 5.3%
28th European Union 25.73% 4.9%
29th Iceland 25.94% 13.3%
30th Italy 26.52% -0.1%
31st New Zealand 27.67% 6.2%
32nd Austria 28.01% 1.1%
33rd Norway 28.27% 0.2%
34th Denmark 30.20% 12.6%
35th France 31.41% 6.0%
36th Ireland 31.53% 10.0%
37th Iran, Islamic Republic of 33.07% 79.0%
38th United Kingdom 33.25% 15.3%
39th Netherlands 35.80% 2.6%
40th Malta 38.88% 21.1%
41st Israel 50.95% -3.0%
Source: World Bank (GC.XPN.TOTL.GD.ZS)

FAQ

What was United Kingdom's government spending in 1974?▾

United Kingdom's government spending in 1974 was 33.25%. This ranked 38th globally.

How did United Kingdom's government spending change in 1974?▾

United Kingdom's government spending increased by 15.3% in 1974 compared to 1973.

Which country had the highest government spending in 1974?▾

Israel had the highest government spending in 1974 at 50.95%.

What is the government spending of United Kingdom in 1974?▾

The government spending of United Kingdom in 1974 was 33.25%. This ranked 38th globally.

How does 1974 compare to 1973 for United Kingdom's government spending?▾

United Kingdom's government spending went from 28.84% in 1973 to 33.25% in 1974, a 15.3% increase.

← 1973
View all years
1975 →
Related
1973 1975 All years Full ranking 1974 Tax Revenue Military Spending Health Spending Government Debt to GDP Budget Deficit Peak: 2020 Lowest: 1973 Government Spending 1990s Government Spending 2000s Government Spending 2010s Government Spending 2020s Highest ever Lowest ever Average vs Hong Kong SAR, China vs Finland vs Canada vs Greenland G20 Government Spending G7 Government Spending NATO Government Spending OECD Government Spending Global Ranking