The UK's public sector net debt was equivalent to 97.2 percent of the country's GDP in 2020-21 fiscal year. source: Office for Budget Responsibility, UK

Government Debt to GDP in the United Kingdom averaged 46.11 percent of GDP from 1974 until 2020, reaching an all time high of 97.20 percent of GDP in 2020 and a record low of 21.70 percent of GDP in 1990. This page provides - United Kingdom Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Public Sector Net Debt to GDP - values, historical data and charts - was last updated on September of 2021.

Government Debt to GDP in the United Kingdom is expected to reach 107.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Public Sector Net Debt to GDP is projected to trend around 109.10 percent of GDP in 2022 and 110.00 percent of GDP in 2023, according to our econometric models.

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United Kingdom Public Sector Net Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
97.20 84.40 97.20 21.70 1974 - 2020 percent of GDP Yearly

United Kingdom Government Last Previous Highest Lowest Unit
Government Debt to GDP 97.20 84.40 97.20 21.70 percent of GDP [+]
Government Budget -14.20 -2.60 4.80 -14.20 percent of GDP [+]
Government Budget Value -10353.00 -21468.00 11860.00 -47332.00 GBP Million [+]
Government Spending 111997.00 105601.00 111997.00 33126.00 GBP Million [+]
Government Spending to GDP 52.10 39.80 52.10 34.50 percent of GDP [+]
Government Debt 2216.00 2218.40 2218.40 52.10 GBP Billion [+]
Credit Rating 90.00 [+]
Military Expenditure 58485.00 56856.00 64257.00 30751.00 USD Million [+]
Asylum Applications 10158.00 6939.00 27891.00 5554.00 persons [+]
Government Revenues 70022.00 62192.00 83219.00 17491.00 GBP Million [+]

United Kingdom Public Sector Net Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.