UK public spending 48.4% of GDP - CEBR

April 26, 2010 8:10 AM EDT

CEBR?s 5th annual ?State of the Nation? report shows that public expenditure as a share of GDP in two parts of the country (Northern Ireland and Wales) is about 70% of GDP.

Public expenditure in the North East of England is now 64% of GDP.

Public spending in the North West, Yorkshire and Humberside, the West Midlands and in Scotland is around 55% of GDP.

Meanwhile, public spending as a share of GDP in London remains low at 35%.

For the UK as a whole public spending as a share of GDP has risen from 37.4% in 1998/99 to 48.4% in 2010/11.

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