Public sector spending on transportation was highest for the railway sector, which accounted for 55 percent of all such expenditure in 2017/18. By comparison, spending on local and national roads made up a combined 32 percent. Overall, investments in infrastructure of inland transportation have been increasing in recent years and reached nearly 22.2 billion euros in 2016.
Of consumers in the European Union (EU), those residing in the United Kingdom had higher transportation costs than the EU average. In 2016, transport accounted for 13.4 percent of final household consumption, which was 0.5 percent higher than the share spent by the EU average. In 2018, transport related expenses of households amounted to approximately 176.5 billion British pounds.
Regarding purchase trends for specific road vehicles, households had bought motor cars with a combined worth of 45.5 billion British pounds in 2018. This was a decline of two percent to the previous year. In contrast, the past two years have seen an increase in the amount of money spent on vehicle fuels and lubricants. By 2018, such expenses had grown to 33.1 billion British pounds.
By comparison, expenditure on wet and dry cargo shipping was valued at 2.2 billion British pounds in 2017, with the peak in spending being recorded in 2014 at nearly 5.2 billion.
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In the following 5 chapters, you will quickly find the 32 most important statistics relating to "Transport expenditure in the UK".