# United Kingdom PEN: EXP: Total expenditure (ended 2018) ()

United Kingdom PEN: EXP: Total expenditure (ended 2018) () was down 7.1% year on year in Q4 2018, compared with −5.8% in Q3 2018.
The level stood at 24,322 £m.
That is the lowest reading since Q4 2016.
Over the past ten years it has ranged from −14.1% (Q4 2016) to 41.0% (Q4 2017), averaging 8.0%.

- Source agency: UK Office for National Statistics
- Makrognosis code: `UK.INSTINVEST.Q.NSA.ITEM-RKQU.MEASURE-EXPENSE.SECTOR-PENSIONS`
- Frequency: quarterly
- Units: £m
- Coverage: 1992-01-01 to 2018-10-01 (108 observations)
- Page: https://makrognosis.robomacro.com/data/united-kingdom/pen-exp-total-expenditure-ended-2018

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q4 2018 | 24,322 £m | −7.1 |
| Q3 2018 | 24,172 £m | −5.8 |
| Q2 2018 | 24,242 £m | 2.2 |
| Q1 2018 | 25,965 £m | 14.7 |
| Q4 2017 | 26,189 £m | 41.0 |
| Q3 2017 | 25,660 £m | 31.2 |
| Q2 2017 | 23,711 £m | 37.6 |
| Q1 2017 | 22,640 £m | 30.9 |
| Q4 2016 | 18,574 £m | −14.1 |
| Q3 2016 | 19,564 £m | 16.1 |
| Q2 2016 | 17,228 £m | 3.9 |
| Q1 2016 | 17,291 £m | −3.5 |
| Q4 2015 | 21,632 £m | 30.6 |
| Q3 2015 | 16,847 £m | 4.4 |
| Q2 2015 | 16,586 £m | 11.6 |
| Q1 2015 | 17,919 £m | 24.1 |
| Q4 2014 | 16,564 £m | −2.3 |
| Q3 2014 | 16,140 £m | −3.9 |
| Q2 2014 | 14,866 £m | −5.0 |
| Q1 2014 | 14,443 £m | −5.8 |
| Q4 2013 | 16,961 £m | 4.6 |
| Q3 2013 | 16,799 £m | 12.2 |
| Q2 2013 | 15,650 £m | −12.2 |
| Q1 2013 | 15,335 £m | 4.8 |

## API

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

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