UK nation or region · 2024-25

UK government spending in London

Identifiable public spending in London was £138.3bn in 2024-25, or £15,217 for every person who lives there. That ranks London 3rd of 12 UK nations and regions per person.

Identifiable spending, 2024-25
£138.3bn
Per person
£15,217
3rd of 12

London: identifiable spending by year

Identifiable public spending in London by financial year
Financial yearSpending
2020-21£138.2bn
2021-22£120.7bn
2022-23£127.8bn
2023-24£132.5bn
2024-25£138.3bn

Source: HM Treasury Country and Regional Analysis 2025. Figures are nominal, not adjusted for inflation.

Other nations and regions

London: common questions

How much does the government spend in London?

HM Treasury's Country and Regional Analysis puts identifiable public spending on services in London at £138.3bn in 2024-25.

How much public spending per person is there in London?

£15,217 per person in 2024-25, which ranks 3rd highest of 12 UK nations and regions.

What does identifiable spending include?

It counts spending that can be attributed to a nation or region, such as health, education, transport and social protection. It excludes items that cannot be allocated, such as defence, debt interest and overseas aid, so it is lower than total UK government spending.