uk economy stats

Question 1

spending on healthcare

Answer 1

£221b

Question 2

spending on education

Answer 2

£111b

Question 3

spending on defence

Answer 3

£64b

Question 4

spending on welfare

Answer 4

£165b

Question 5

biggest taxes

Answer 5

Income tax
National insurance
VAT

Question 6

spending on pensions

Answer 6

£203b

Question 7

proportion of GDP from consumer spending

Answer 7

60%

Question 8

proportion of GDP from investment

Answer 8

15-20%

Question 9

proportion of GDP from government spending

Answer 9

18-20%

Question 10

proportion of investment from private sector firms

Answer 10

75%

Question 11

balance of payments defecit

Answer 11

£7.1 billion

Question 12

gini coefficient

Answer 12

0.351

Question 13

budget defecit

Answer 13

£46.9b

Question 14

national debt

Answer 14

£2.79t

Question 15

real GDP growth rate for 2024

Answer 15

0.8%

Question 16

inflation december 2024

Answer 16

2.5%

Question 17

unemployment

Answer 17

4.4%

Question 18

youth unemployment

Answer 18

£13.4%

Question 19

tax rise total

Answer 19

£40b

Question 20

business confidence

Answer 20

Business confidence reached its highest level since August 2024, with a 12-point increase in sentiment in February 2025

Question 21

national minimum wage

Answer 21

£12.21 (21+)
6.7% increase

Question 22

working poverty

Answer 22

1/8

Question 23

personal allowance

Answer 23

£12570

Question 24

workforce in public sector

Answer 24

5.6m / 17%