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United Kingdom Government Debt

Last Release
Nov 30, 2024
Actual
2,817.8
Units In
GBP Billion
Previous
2,784
Frequency
Monthly
Next Release
N/A
Time to Release
N/A
Highest
Lowest
Average
Date Range
Source
2,817.8
Nov 2024
52.1
Mar 1975
998.2 GBP Billion1975-2024Office for National Statistics
In the United Kingdom, net borrowing or net lending is the difference between the net acquisition of financial assets and the net incurrence of liabilities.

Latest Updates

Public sector net debt, excluding public sector banks, in the United Kingdom stood at £2,659.4 billion at the end of February 2024, provisionally estimated to be around 97.1% of the UK's annual GDP. This figure reflects an increase of 2.3 percentage points compared to February 2023, maintaining levels last observed in the early 1960s. Excluding the Bank of England, debt amounted to £2,423.5 billion, approximately 88.5% of GDP, marking a decrease of £236.0 billion (or 8.6 percentage points) compared to the broader measure.

United Kingdom Government Debt History

Last 12 readings

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