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United Kingdom

Tax-to-GDP Ratio: 34.4% (-1.3% vs OECD Average)

Data year: 2024

Fiscal Balance

Revenue
40.2% of GDP
Spending
46.3% of GDP
Deficit -6.1% of GDP
Gross Debt 91.6% of GDP

Budget Flow

Revenue Spending
Personal Income Tax (10.8%)Corporate Income Tax (3.5%)Social Security Contributions (6.1%)VAT / Sales Tax (7.0%)Property Taxes (3.7%)Other Taxes (3.3%)Borrowing (6.1%)Social Protection (15.2%)Health (8.6%)General Public Services (6.3%)Economic Affairs (4.8%)Education (4.7%)Defence (2.2%)Public Order & Safety (2.1%)Housing & Community (0.9%)Environmental Protection (0.7%)Recreation, Culture & Religion (0.6%)

Tax Revenue Breakdown

Total: 34.4% GDP

Compared to OECD Average

Tax Burden by Income Level

Tax Wedge by Income Level

Single, no children

Who Pays?

Individuals 49%
Corporations 10%
Other 41%

% of total tax revenue

67% of avg wage (low income)
23.7%
100% of avg wage (median)
29.4%
167% of avg wage (high income)
35.6%

Government Spending Breakdown

Social Protection
15.2%
#11/16
Old Age / Retirement
8.3%
#8/14
Sickness & Disability
2.4%
#11/14
Social Exclusion
2.3%
#2/14
Family & Children
1.1%
#13/14
Housing Assistance
0.6%
#5/13
Other Social Protection
0.5%
#3/14
Health
8.6%
#4/17
Hospital Services
6.6%
#1/14
Outpatient Services
1.0%
#13/14
Medical Products & Equipment
0.4%
#14/14
Public Health Services
0.2%
#8/14
General Public Services
6.3%
#5/17
Public Debt Interest
3.2%
#2/14
Executive & Legislative
2.3%
#1/14
Economic Affairs
4.8%
#11/17
Transport
2.0%
#11/14
General Economic & Labour
0.4%
#11/14
Education
4.7%
#13/17
Secondary
2.3%
#3/14
Pre-primary & Primary
1.0%
#13/14
Tertiary
0.5%
#12/14
Defence
2.2%
#6/17
Military Defence
1.9%
#1/12
Public Order & Safety
2.1%
#1/17
Housing & Community
0.9%
#4/17
Environmental Protection
0.7%
#10/16
Recreation, Culture & Religion
0.6%
#13/17
% of GDP
vs others
Q1โ€“Q3 median United Kingdom

What does the spending achieve?

Health Spending vs Life Expectancy

This country Other countries

Education Spending vs PISA Score

This country Other countries
Life Expectancy 81.2 years
Infant Mortality 4 per 1,000 births
PISA Average Score 494