Government Debt in the United Kingdom increased to 2277.60 GBP Billion in October from 2208.90 GBP Billion in September of 2021. source: Office for National Statistics

Government Debt in the United Kingdom averaged 839.19 GBP Billion from 1975 until 2021, reaching an all time high of 2277.60 GBP Billion in October of 2021 and a record low of 52.10 GBP Billion in March of 1975. This page provides the latest reported value for - United Kingdom Public Sector Net Borrowing - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Public Sector Net Debt - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.

Government Debt in the United Kingdom is expected to be 2210.00 GBP Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Public Sector Net Debt is projected to trend around 2300.00 GBP Billion in 2022 and 2380.00 GBP Billion in 2023, according to our econometric models.

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United Kingdom Public Sector Net Debt

Related Last Previous Unit Reference
Government Budget Value -18799.00 -20702.00 GBP Million Oct/21
Government Spending 117492.00 116448.00 GBP Million Sep/21
Government Debt 2277.60 2208.90 GBP Billion Oct/21
Government Revenues 65482.00 63432.00 GBP Million Oct/21
United Kingdom Public Sector Net Debt
In the United Kingdom, public sector net debt excluding public sector banks (PSND ex) represents the amount of money the public sector owes to private sector organisations including overseas institutions, largely as a result of issuing gilts and Treasury Bills, minus the amount of cash and other short-term assets it holds. Public sector net debt (PSND) is often referred to by commentators as “the national debt”.