About this data

Source: HM Treasury, Public Expenditure Statistical Analyses (PESA) 2026, Table 5.2

• Financial year April 2025 to March 2026. Spending on services came to £1,227.6 billion; total managed expenditure, including accounting adjustments, was £1,360.1 billion in PESA.
• Spending is 'public sector expenditure on services' as classified by HM Treasury, using the UN's Classification of the Functions of Government (COFOG). It covers about 90% of total managed expenditure; the rest is accounting adjustments (such as depreciation and some pension and tax-credit adjustments) that aren't allocated to a function.
• Debt interest is all 'public debt transactions': central, local government and public corporation debt interest, the Bank of England's net costs, and the interest on public service pension schemes' liabilities.
• Pensions include the State Pension and public service pensions (such as for NHS staff, teachers and the armed forces). Social care is local authorities' personal social services for adults and children. 'Universal Credit, tax credits and other income support' includes child benefit.
• EU transactions (−£0.2 billion in 2025-26) are left out. Per person figures use the UK's mid-2025 population (69.5 million).

This chart appears in Public spending.