The UK public administration, defence, and compulsory social security sector is projected to see a steady increase from 2024 to 2028, with output rising from £183.57 billion to £193.81 billion. This represents a consistent growth rate over each year. Notably, the sector closed at £180 billion in 2023, marking a continued upward trajectory into the forecasted period. The year-on-year percentage variation is expected to maintain around 1.4% to 1.6%, reflecting a stable expansion. The compound annual growth rate (CAGR) over the five years showcases robust development, with an average annual increase of approximately 1.39%.
Future trends to watch for include potential impacts from policy changes, technological advancements in public service delivery, and economic conditions influencing public expenditure. Additionally, geopolitical developments may affect defence spending and priorities within public administration and social security sectors.
