UK state pension expenditure 2024 | Statista (2024)

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    Published by D. Clark, Jul 11, 2024

    The government of the United Kingdom is expected to spend over 125 billion British pounds on state pensions in 2023/24, compared with 118.7 billion pounds in the previous year.

    Government expenditure on state pensions in the United Kingdom from 1948/49 to 2023/24 (in million GBP)

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    Release date

    May 2024

    More information

    Region

    United Kingdom

    Survey time period

    1948 to 2024

    Supplementary notes

    This statistic is using original data from the Department for Work and Pensions and includes copyright material from © Crown, licensed under theOpen Government License v3.0

    *Data for 2023/24 is forecast data

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