OBR forecasts increasing government spending

Total government revenue and spending as a share of GDP, %

Spending

Revenue

60

EFO* forecast

FRS projection

50

40

30

2009-10

2029-30

2049-50

2069-70

Spending

Revenue

60

EFO* forecast

FRS projection

50

40

30

2009-10

2019-20

2029-30

2039-40

2049-50

2059-60

2069-70

Guardian graphic. Source: OBR, Fiscal risks and sustainability (FRS) report, Sep 2024, ONS. Note*: OBR Economic and fiscal outlook report, Mar 2024