The UK government posted a total net borrowing deficit of GBP 0.84 billion in March 2019, compared with a GBP 0.069 billion surplus in the same month of the previous year and well below market expectations of a GBP 0.4 billion surplus. It was the smallest shortfall since February last year. Excluding state-controlled banks, the gap rose to GBP 1.7 billion from GBP 0.8 billion a year earlier. Since the start of the financial year in April, borrowing totalled GBP 24.7 billion, down by GBP 17.2 billion from the previous financial year and the lowest year-to-date net borrowing in 17 years. Debt rose by GBP 22.1 billion from a year ago to GBP 1.80 trillion at the end of March, equivalent to 83.1 percent of GDP. Government Debt in the United Kingdom averaged -3984.56 GBP Million from 1993 until 2019, reaching an all time high of 15430 GBP Million in January of 2019 and a record low of -19956 GBP Million in April of 2012.

Government Debt in the United Kingdom is expected to be -3210.00 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Debt in the United Kingdom to stand at -1120.00 in 12 months time. In the long-term, the United Kingdom Public Sector Net Borrowing is projected to trend around -2440.00 GBP Million in 2020, according to our econometric models.

United Kingdom Public Sector Net Borrowing
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-01-22 09:30 AM Public Sector Net Borrowing £-2.11B £-6.25B £-1.05B £ -1.4B
2019-02-21 09:30 AM Public Sector Net Borrowing £15.759B £-2.11B £11.05B £10.5B
2019-03-21 09:30 AM Public Sector Net Borrowing £0.66B £14.15B £0.05B £-0.2B
2019-04-24 08:30 AM Public Sector Net Borrowing £-0.84B £0.51B £0.4B £-1.2B
2019-05-22 08:30 AM Public Sector Net Borrowing £-0.84B £-5.1B £-3.4B
2019-06-21 08:30 AM Public Sector Net Borrowing £-2.8B
2019-07-19 08:30 AM Public Sector Net Borrowing £ -3.2B


United Kingdom Government Last Previous Highest Lowest Unit
Government Debt to GDP 84.70 85.10 85.10 21.80 percent [+]
Government Budget -2.00 -2.30 4.80 -9.90 percent of GDP [+]
Government Budget Value 6371.00 6093.00 19422.00 -15378.00 GBP Million [+]
Government Spending 94208.00 92768.00 94208.00 31579.00 GBP Million [+]
Government Spending to GDP 38.50 38.80 46.40 34.10 percent [+]
Government Debt -840.00 514.00 15430.00 -19956.00 GBP Million [+]
Military Expenditure 46883.00 46433.00 56163.00 25916.00 USD Million [+]
Credit Rating 94.83 [+]
Asylum Applications 3315.00 3720.00 5040.00 1655.00 persons [+]
Government Revenues 65091.00 64489.00 79391.00 17298.00 GBP Million [+]


United Kingdom Public Sector Net Borrowing

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. 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 Borrowing - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-840.00 514.00 15430.00 -19956.00 1993 - 2019 GBP Million Monthly
NSA




Country Last Previous
Brazil 5430959.00 Mar/19
Canada 671.25 Dec/18
Euro Area 9859512.70 Dec/18
France 2322.30 Sep/18
Germany 1771735.10 Sep/17
Italy 2358799.50 Mar/19
Netherlands 401858.00 Dec/18
Russia 12591.30 Dec/18
Singapore 546699.50 Dec/18
South Africa 66385.00 Dec/18
Spain 1173988055.00 Dec/18
Switzerland 192446.00 Dec/19
Turkey 1162437.00 Mar/19
United Kingdom -840.00 Mar/19
United States 22027668.00 Apr/19


Related

Latest