The UK government spent approximately five billion British pounds on pension credit in 2022/23. Since the introduction of pension credit on October 6, 2003 expenditure on pension credit peaked in the early 2010s but has been declining since then.
Government expenditure on pension credit in the United Kingdom from 2003/04 to 2022/23 (in million GBP)
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you UK welfare state
Overview
6
- Basic Statistic Number of people on universal credit in Great Britain 2013-2023
- Basic Statistic Number of people on universal credit in Great Britain 2013-2023, by gender
- Basic Statistic Number of people on universal credit in Great Britain 2023, by age
- Premium Statistic Number of people claiming unemployment benefit in the UK 1971-2024
- Premium Statistic Government expenditure on benefits in the UK 1948-2023
- Basic Statistic Percentage of households receiving benefits in the UK 2022, by region
Latest and past expenditure
8
- Premium Statistic Government expenditure on income support in the UK 1948-2023
- Basic Statistic Government expenditure on employment and support allowances in the UK 2008-2023
- Basic Statistic Social fund: United Kingdom (UK) government spending 2002-2014
- Basic Statistic Government expenditure on statutory maternity pay in the UK 1987-2023
- Premium Statistic Government expenditure on incapacity benefit in the UK 1995-2023
- Premium Statistic Government expenditure on disability living allowance in the UK 1992-2023
- Premium Statistic Government expenditure on attendance allowance in the UK 1971-2023
- Premium Statistic Government expenditure on carer's allowance in the UK 1976-2023
Expenditure distribution
8
- Premium Statistic Share of total household income from state support United Kingdom (UK) 2004-2018
- Premium Statistic Share of total household income from state support UK, by country 2017/18
- Premium Statistic Share of families receiving income-related benefits UK 2017/18, by country
- Premium Statistic Share of families receiving non-income-related benefits UK 2017/18, by country
- Premium Statistic Share of families receiving benefits United Kingdom (UK) 2017/18, by benefit
- Premium Statistic Share of families receiving income-related benefits England 2017/18 by region
- Premium Statistic Share of families receiving non-income-related benefits England 2017/18 by region
- Premium Statistic Share of families receiving state support UK 2017/18 by family type
Expenditure forecasts
8
- Premium Statistic Total welfare benefits: forecasted United Kingdom (UK) government spending 2017-2024
- Basic Statistic Income support: Forecasted United Kingdom (UK) government spending 2017-2024
- Premium Statistic Employment and support allowance: Forecasted UK government spending 2017-2024
- Premium Statistic United Kingdom (UK) government spending forecast: statutory maternity pay 2017-2024
- Premium Statistic Incapacity benefit: Forecasted United Kingdom (UK) government spending 2017-2024
- Premium Statistic UK government spending forecast: disability living allowance 2017-2024
- Basic Statistic Attendance allowance: Forecasted United Kingdom (UK) government spending 2017-2024
- Premium Statistic Carer's allowance: Forecasted United Kingdom (UK) government spending 2017-2024
Further related statistics
15
- United Kingdom (UK) government spending: Council tax benefit 2002-2013
- Over 75 TV licences: Forecasted United Kingdom (UK) government spending 2013-2019
- United Kingdom (UK) government spending forecast: state pension 2017-2024
- Government expenditure on Jobseeker's Allowance in the UK 1996-2023
- Government spending on social welfare in Hong Kong 2011-2021
- Social welfare share in government spending in Hong Kong 2011-2021
- Public sector expenditure in Hong Kong 2022/2023, by type
- Number of surviving spouse's pension recipients in Finland 2008-2018, by gender
- Average monthly orphan's pension in Finland from 2008-2018, by gender
- Number of orphan's pension recipients in Finland 2008-2018, by gender
- Italy: lawyers´ average annual pension payments 2016, by region
- Number of disability pension recipients in Finland 2018, by age group
- Industry revenue of “pension funding“ in Spain 2012-2025
- Business leaders who informed themselves about the pension system reform 2019
- Reasons for continuing working past retirement age in Hungary in 2017
Further Content: You might find this interesting as well
Statistics
- United Kingdom (UK) government spending: Council tax benefit 2002-2013
- Over 75 TV licences: Forecasted United Kingdom (UK) government spending 2013-2019
- United Kingdom (UK) government spending forecast: state pension 2017-2024
- Government expenditure on Jobseeker's Allowance in the UK 1996-2023
- Government spending on social welfare in Hong Kong 2011-2021
- Social welfare share in government spending in Hong Kong 2011-2021
- Public sector expenditure in Hong Kong 2022/2023, by type
- Number of surviving spouse's pension recipients in Finland 2008-2018, by gender
- Average monthly orphan's pension in Finland from 2008-2018, by gender
- Number of orphan's pension recipients in Finland 2008-2018, by gender
- Italy: lawyers´ average annual pension payments 2016, by region
- Number of disability pension recipients in Finland 2018, by age group
- Industry revenue of “pension funding“ in Spain 2012-2025
- Business leaders who informed themselves about the pension system reform 2019
- Reasons for continuing working past retirement age in Hungary in 2017
Department for Work and Pensions UK, & GOV.UK. (April 25, 2023). Government expenditure on pension credit in the United Kingdom from 2003/04 to 2022/23 (in million GBP) [Graph]. In Statista. Retrieved May 04, 2024, from https://www.statista.com/statistics/284413/pension-credit-united-kingdom-uk-government-spending/
Department for Work and Pensions UK, und GOV.UK. "Government expenditure on pension credit in the United Kingdom from 2003/04 to 2022/23 (in million GBP)." Chart. April 25, 2023. Statista. Accessed May 04, 2024. https://www.statista.com/statistics/284413/pension-credit-united-kingdom-uk-government-spending/
Department for Work and Pensions UK, GOV.UK. (2023). Government expenditure on pension credit in the United Kingdom from 2003/04 to 2022/23 (in million GBP). Statista. Statista Inc.. Accessed: May 04, 2024. https://www.statista.com/statistics/284413/pension-credit-united-kingdom-uk-government-spending/
Department for Work and Pensions UK, and GOV.UK. "Government Expenditure on Pension Credit in The United Kingdom from 2003/04 to 2022/23 (in Million Gbp)." Statista, Statista Inc., 25 Apr 2023, https://www.statista.com/statistics/284413/pension-credit-united-kingdom-uk-government-spending/
Department for Work and Pensions UK & GOV.UK, Government expenditure on pension credit in the United Kingdom from 2003/04 to 2022/23 (in million GBP) Statista, https://www.statista.com/statistics/284413/pension-credit-united-kingdom-uk-government-spending/ (last visited May 04, 2024)
Government expenditure on pension credit in the United Kingdom from 2003/04 to 2022/23 (in million GBP) [Graph], Department for Work and Pensions UK, & GOV.UK, April 25, 2023. [Online]. Available: https://www.statista.com/statistics/284413/pension-credit-united-kingdom-uk-government-spending/