Makrognosis

United Kingdom PEN: EXP: Pensions payable gross of income tax (ended 2018) ()

QuarterlyNot seasonally adjustedCode UK.INSTINVEST.Q.NSA.ITEM-RKQN.MEASURE-EXPENSE.SECTOR-PENSIONS

Latest (y/y)4.7%Q4 2018
Previous (y/y)1.7%Q3 2018
Level12,637 £mQ4 2018

United Kingdom PEN: EXP: Pensions payable gross of income tax (ended 2018) () was up 4.7% year on year in Q4 2018, compared with 1.7% in Q3 2018.

The level stood at 12,637 £m.

That is the highest reading since Q4 2017.

Over the past ten years it has ranged from −7.0% (Q4 2016) to 12.5% (Q4 2012), averaging 3.6%.

United Kingdom PEN: EXP: Pensions payable gross of income tax (ended 2018) (), annual % change, Q1 1993 – Q4 2018−10%0%10%20%30%19952000200520102015Robomacro
United Kingdom PEN: EXP: Pensions payable gross of income tax (ended 2018) (), annual % change, Q1 1993 – Q4 2018. Source: UK Office for National Statistics.
United Kingdom PEN: EXP: Pensions payable gross of income tax (ended 2018) (), level (£m)2,0004,0006,0008,00010k12k19952000200520102015Robomacro
United Kingdom PEN: EXP: Pensions payable gross of income tax (ended 2018) (), level (£m).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
Q4 201812,637 £m4.7
Q3 201811,997 £m1.7
Q2 201812,102 £m4.4
Q1 201811,918 £m3.9
Q4 201712,067 £m8.2
Q3 201711,793 £m1.8
Q2 201711,597 £m3.8
Q1 201711,476 £m1.8
Q4 201611,156 £m−7.0
Q3 201611,589 £m2.7
Q2 201611,172 £m1.8
Q1 201611,277 £m4.2
Q4 201511,999 £m7.6
Q3 201511,281 £m3.1
Q2 201510,974 £m1.6
Q1 201510,820 £m3.4
Q4 201411,152 £m−6.0
Q3 201410,938 £m−3.6
Q2 201410,806 £m−2.1
Q1 201410,462 £m−5.4
Q4 201311,870 £m4.0
Q3 201311,346 £m7.9
Q2 201311,043 £m3.1
Q1 201311,065 £m6.8

Last 24 observations. The full history (108 observations) is available through the API.

Get United Kingdom PEN: EXP: Pensions payable gross of income tax (ended 2018) () in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/UK.INSTINVEST.Q.NSA.ITEM-RKQN.MEASURE-EXPENSE.SECTOR-PENSIONS"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/UK.INSTINVEST.Q.NSA.ITEM-RKQN.MEASURE-EXPENSE.SECTOR-PENSIONS",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ4 2018
First observationQ1 1992
Observations108
FrequencyQuarterly
Units£m
AdjustmentNot seasonally adjusted
10-year high12.5% (Q4 2012)
10-year low−7.0% (Q4 2016)
10-year average3.6%
Source agencyUK Office for National Statistics
Makrognosis codeUK.INSTINVEST.Q.NSA.ITEM-RKQN.MEASURE-EXPENSE.SECTOR-PENSIONS

More United Kingdom INSTINVEST series

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Other United Kingdom indicators

United Kingdom GDP (Gross Domestic Product)United Kingdom Nominal GDP (current prices)United Kingdom Inflation Rate (CPI)United Kingdom Core Inflation RateUnited Kingdom Unemployment RateUnited Kingdom Credit Rating & Sovereign Risk ScoreUnited Kingdom Industrial ProductionUnited Kingdom Production Industries - Total (Index 1dp): CVM SAUnited Kingdom Retail SalesUnited Kingdom Producer Price Inflation (PPI)United Kingdom BoP Current Account Balance SAUnited Kingdom Trade Balance: Goods & ServicesUnited Kingdom Total Trade (TT): WW: Exports: BOP: CP: SA (goods + services)United Kingdom Total Trade: World: Exports: BOP: CVM SAUnited Kingdom Total Trade (TT): WW: Imports: BOP: CP: SA (goods + services)United Kingdom Total Trade: World: Imports: BOP: CVM SA

FAQ

What is the current pEN: EXP: Pensions payable gross of income tax (ended 2018) () in United Kingdom?
The latest reading is 4.7% year on year for Q4 2018, published by UK Office for National Statistics.
Where does this data come from?
It is collected directly from UK Office for National Statistics and is available through the Makrognosis API under the code UK.INSTINVEST.Q.NSA.ITEM-RKQN.MEASURE-EXPENSE.SECTOR-PENSIONS.

Last updated 2026-07-21. Source: UK Office for National Statistics. Original title: “PEN: EXP: Pensions payable gross of income tax (ended 2018) (UK)”.