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Government has sustainable finances

Balancing the government budget: expenditure including depreciation shown against income (£ million)

Current Value

£924

2022

Definition

What is this about?

This indicator tracks government expenditure (solid line) including depreciation each year. This can be compared to government income (dotted line) to establish a net surplus / deficit position. The indicator is presented in constant 2020 values to allow comparison over time that takes into account the effect of inflation.

 

In 2020, government income was £852 million and expenditure was £965 million, leading to a deficit of £113 million.