Total managed expenditure, real terms during the Conservative 2019–2024 government
Year ending March 2019 → Year ending March 2024 · 5 periods
↑ 17.9%+£194.2bn £ billion, 2024-25 prices
Total managed expenditure, real terms rose by 17.9% over the period, from £1.08tn £ billion, 2024-25 prices (Year ending March 2019, the level when the government took office) to £1.28tn (Year ending March 2024, the last complete period before it left office).
Inherited level Year ending March 2019: £1.08tn
Level when it left Year ending March 2024: £1.28tn
method: latest complete period before start / before end
Changes during this period do not by themselves show what the government caused. Statistics reflect many influences, including earlier decisions, the economy and how the data is collected.
Published valueProvisional or revisedLatestShaded bands: governments (see labels)Hover or use arrow keys to read a value
Definition and caveats
Total managed expenditure restated at 2024-25 prices with the ONS GDP deflator, so a rise is a rise in the volume of spending rather than in prices.
Doesn’t measure: Cash amounts actually paid in each year.