The authoritative source for independent research on UK-EU relations

Policies

This fact was correct when it was updated on 01 Jul 2021

How big is the EU budget?

In 2014, total EU spending was just over €140 billion, which equates to around £114 billion. By comparison, total UK public spending in the fiscal year 2014-15 was £735 billion. Related fact profile: How is the EU budget decided? Click here for more analysis on the EU budget or watch our short video, EU budget myths debunked, here.

More facts you may be interested in

What is an Autumn Statement? 

17 Nov 2022

What is fiscal drag?

10 Nov 2022

What is a three-line whip?

19 Oct 2022