Public Expenditure
Year |
% of GDP spent by Govt (1) |
1979/80 |
42.50 |
1980/81 |
44.75 |
1981/82 |
45.50 |
1982/83 |
45.50 |
1983/84 |
44.75 |
1984/85 |
45.25 |
1985/86 |
43.25 |
1986/87 |
42.25 |
1987/88 |
40.50 |
1988/89 |
38.00 |
1989/90 |
38.25 |
1990/91 |
39.00 |
1991/92 |
41.00 |
1992/93 |
43.50 |
1993/94 |
43.50 |
1994/95 |
42.75 |
1995/96 |
41.25 |
1996/97 |
41.00 |
1997/98 |
39.50 |
1998/99 |
38.75 |
Source: Financial Statement and Budget Report, July 1997
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(1) Government Spending is central and local
combined, adjusted to exclude privatisation proceeds, National Lottery proceeds, and receipts
and dividends from public corporations and the private sector. |
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