Public sector net borrowing in the United Kingdom was at £17.4 billion in November of 2021, the second-highest November borrowing since monthly records began in 1993 but narrowing from last year’s £22.2 billion gap and above market forecasts of £16.0 billion. Central government receipts were estimated at £61.1 billion, a £2.5 billion increase from November of last year; while expenditure came at £76.6 billion, £5.7 billion less. Public sector net borrowing shrank to £136.0 billion in the financial year-to-November of 2021, almost half or £115.8 billion less from the same period in 2020 but still nearly three times its level in the April-November period of 2019. Net debt excluding public sector banks was £2,317.7 billion at the end of the month, equivalent to 9.61% of GDP, a level not seen since the 1960’s. source: Office for National Statistics

Government Budget Value in the United Kingdom averaged -5832.54 GBP Million from 1993 until 2021, reaching an all time high of 11506 GBP Million in January of 2019 and a record low of -52479 GBP Million in May of 2020. This page provides - United Kingdom Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Public Sector Net Borrowing - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

Government Budget Value in the United Kingdom is expected to be -17500.00 GBP Million 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 Borrowing is projected to trend around -10200.00 GBP Million in 2023 and -7840.00 GBP Million in 2024, according to our econometric models.

Ok
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.

Please Paste this Code in your Website
width
height
United Kingdom Public Sector Net Borrowing


Calendar GMT Actual Previous Consensus TEForecast
2021-11-19 07:00 AM Oct £-18.8B £-20.7B £-13.8B £-16.4B
2021-12-21 07:00 AM Nov £-17.4B £-12.4B £-16B £-15.6B
2022-01-25 07:00 AM Dec £-17.4B £-17B £-18.8B


Related Last Previous Unit Reference
Government Budget Value -17384.00 -12391.00 GBP Million Nov/21
Government Spending 117492.00 116448.00 GBP Million Sep/21
Government Debt 2317.70 2283.00 GBP Billion Nov/21
Government Revenues 61095.00 67231.00 GBP Million Nov/21

News Stream
UK November Budget Gap Remains Elevated
Public sector net borrowing in the United Kingdom was at £17.4 billion in November of 2021, the second-highest November borrowing since monthly records began in 1993 but narrowing from last year’s £22.2 billion gap and above market forecasts of £16.0 billion. Central government receipts were estimated at £61.1 billion, a £2.5 billion increase from November of last year; while expenditure came at £76.6 billion, £5.7 billion less. Public sector net borrowing shrank to £136.0 billion in the financial year-to-November of 2021, almost half or £115.8 billion less from the same period in 2020 but still nearly three times its level in the April-November period of 2019. Net debt excluding public sector banks was £2,317.7 billion at the end of the month, equivalent to 9.61% of GDP, a level not seen since the 1960’s.
2021-12-21
UK October Budget Gap 2nd Highest on Record
Public sector net borrowing in the United Kingdom was at £18.8 billion in October of 2021, the second-highest October borrowing since monthly records began in 1993, and beat market forecasts of £13.8 billion. Central government receipts were estimated to have been £65.5 billion, a £3.8 billion increase from October 2020; while expenditure came at £78.0 billion, £1.5 billion more than a year ago. Public sector net borrowing was £127.3 billion in the financial year-to-October 2021, £103.4 billion less than in the same period in 2020. Net debt excluding public sector banks was £2,277.6 billion at the end of the month, equivalent to 95.1% of GDP, a level not seen since the 1960’s.
2021-11-19
UK Public Borrowing 2nd Highest Ever for September
Public sector net borrowing in the United Kingdom was at £21.8 billion in September of 2021, the second-highest September borrowing since monthly records began in 1993, but less than forecasts of £22.6 billion. Central government receipts were estimated to have been £62.3 billion, £6.2 billion more than in September 2020; while expenditure was £84.1 billion, £1.3 billion less than a year ago. Public sector net borrowing was £108.1 billion in the financial year-to-September 2021, the second highest financial year-to-September borrowing ever. Net debt excluding public sector banks was £2,218.9 billion at the end of September, equivalent to 95.5% of GDP, which is the highest ratio since 1963.
2021-10-21

United Kingdom Public Sector Net Borrowing
In the UK, public sector net borrowing excluding public sector banks (PSNB ex) measures the gap between revenue raised (current receipts) and total spending (current expenditure plus net investment (capital spending less capital receipts)). Public sector net borrowing (PSNB) is often referred to by commentators as “the deficit”.