The British Royal Family spent a total of 107.5 million British pounds in 2022/23, with property maintenance and payroll costs accounting for 57.8 million and 27.1 million pounds respectively. After these two main costs, travel expenses for the Royal Family were around 3.9 million pounds, with utilities and housekeeping costing 4.5 million and 2.4 million pounds in this period.
Royal Family expenditure on the increase
The Royal Family’s expenditure reached a total of 69.2 million British pounds in 2019/20. From 2011/12 until 2015/16 the Royal Family’s expenditure never exceeded 40 million pounds, but with the figure reaching 69.2 million British pounds in the most recent period, it is likely to increase further.
Income from tourism
The fiscal year 2019/20 saw the Royal Family generate approximately 48.36 thousand pounds from ticket admissions to its Royal Estates. Of these estates, Windsor Castle & Frogmore House had around 1.65 million visitors, while Buckingham Palace had 552 thousand people pass through its doors.
Expenditure of the British Royal Family in the United Kingdom in 2022/23, by item
(in million GBP)
Characteristic
Expenditure in million GBP
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royal.gov.uk. (June 29, 2023). Expenditure of the British Royal Family in the United Kingdom in 2022/23, by item (in million GBP) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/372882/uk-royal-family-expenditure-breakdown/
royal.gov.uk. "Expenditure of the British Royal Family in the United Kingdom in 2022/23, by item (in million GBP)." Chart. June 29, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/372882/uk-royal-family-expenditure-breakdown/
royal.gov.uk. (2023). Expenditure of the British Royal Family in the United Kingdom in 2022/23, by item (in million GBP). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/372882/uk-royal-family-expenditure-breakdown/
royal.gov.uk. "Expenditure of The British Royal Family in The United Kingdom in 2022/23, by Item (in Million Gbp)." Statista, Statista Inc., 29 Jun 2023, https://www.statista.com/statistics/372882/uk-royal-family-expenditure-breakdown/
royal.gov.uk, Expenditure of the British Royal Family in the United Kingdom in 2022/23, by item (in million GBP) Statista, https://www.statista.com/statistics/372882/uk-royal-family-expenditure-breakdown/ (last visited August 24, 2024)
Expenditure of the British Royal Family in the United Kingdom in 2022/23, by item (in million GBP) [Graph], royal.gov.uk, June 29, 2023. [Online]. Available: https://www.statista.com/statistics/372882/uk-royal-family-expenditure-breakdown/