Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how much the UK spent as a proportion of GDP on transport infrastructure in 2017-18; and what assessment he has made of the adequacy of the proportion of UK GDP spent on transport infrastructure compared with the average proportion spent by (a) the G7 and (b) the EU.
In 2017-18, the UK’s public sector expenditure was £20.5 billion on transport capital investment. This is roughly 1% of GDP – a 0.25 percentage point increase on 4 years ago.
Reliable international comparisons for transport infrastructure spend are difficult due to data availability. Within the UK, the devolved administrations also have responsibilities for transport investment.
However, this government is building on this investment with the £28.8 billion National Roads Fund announced at Budget to invest in English roads, £47.9 billion for the railway in England and Wales in Control Period 6 and undertaking one of the largest engineering projects in Europe – HS2.