United Kingdom flag

United Kingdom

GDP (Nominal)

Population

London

Capital

GBP

Currency

Member Organizations

NATOG7G20UNOECDWTOIMFWorld BankFive EyesCommonwealth of Nations
Government Revenue
Fiscal Year 2024
Government revenue breakdown by source
Government Spending
Fiscal Year 2024
Government spending breakdown by category

Revenue Sources

Income Tax273.30B GBP
National Insurance Contributions180.00B GBP
Value Added Tax (VAT)170.00B GBP
Corporation Tax85.00B GBP
Fuel Duty25.00B GBP
Alcohol Duty12.00B GBP
Tobacco Duty9.00B GBP
Business Rates (England)30.00B GBP
Stamp Duties (Land and Shares)17.00B GBP
Inheritance Tax7.00B GBP
Insurance Premium Tax7.00B GBP
Other Taxes10.00B GBP
Non-Tax Revenues100.00B GBP
Total Revenue1099.00B GBP

Spending Allocation

Social Protection (Pensions & Welfare)300.00B GBP
Health (NHS)230.00B GBP
Education100.00B GBP
Defence60.00B GBP
Interest on Debt100.00B GBP
Public Order and Safety40.00B GBP
Transport30.00B GBP
Other Spending290.00B GBP
Total Spending1150.00B GBP