EU Budget

Treasury written question – answered on 14th February 2019.

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Photo of John Hayes John Hayes Conservative, South Holland and The Deepings

To ask the Chancellor of the Exchequer, how much the United Kingdom has contributed to the EU budget in the last 10 years.

Photo of Elizabeth Truss Elizabeth Truss The Chief Secretary to the Treasury

The EU annually publish a financial report, which details the levels of revenue and expenditure, received and executed by the EU, relative to Member States. Between 2008 and 2017, the UK has contributed €148 billion to the annual EU budget, and received €68 billion in receipts to both the public and private sector.

Additionally, HM Treasury produce an annual European Finances Statement which details the UK’s contribution to the EU over the past year. While the OBR produce an independent forecast for annual contributions to the EU.

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