The United Kingdom recorded a government budget deficit of 22754 GBP Million in June of 2021. source: Office for National Statistics

Government Budget Value in the United Kingdom averaged -5627.53 GBP Million from 1993 until 2021, reaching an all time high of 11860 GBP Million in January of 2019 and a record low of -47332 GBP Million in April 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 August of 2021.

Government Budget Value in the United Kingdom is expected to be -32200.00 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 -12600.00 GBP Million in 2022 and -3840.00 GBP Million in 2023, according to our econometric models.

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United Kingdom Public Sector Net Borrowing

Actual Previous Highest Lowest Dates Unit Frequency
-22754.00 -20604.00 11860.00 -47332.00 1993 - 2021 GBP Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-23 06:00 AM Mar £-28B £-16B £-22.5B £-22.0B
2021-05-25 06:00 AM Apr £-31.7B £-26.3B £-32B £-34B
2021-06-22 06:00 AM May £-24.3B £-29.1B £-26.1B £-28.4B
2021-07-21 06:00 AM Jun £-22.8B £-20.6B £-21.5B £-22.2B
2021-08-20 06:00 AM Jul £-22.8B £-18.4B
2021-09-21 06:00 AM Aug
2021-10-21 06:00 AM Sep
2021-11-19 07:00 AM Oct

United Kingdom Government Last Previous Highest Lowest Unit
Government Debt to GDP 97.40 84.40 97.40 21.70 percent of GDP [+]
Government Budget -14.30 -2.60 4.80 -14.30 percent of GDP [+]
Government Budget Value -22754.00 -20604.00 11860.00 -47332.00 GBP Million [+]
Government Spending 106683.00 104020.00 106683.00 33126.00 GBP Million [+]
Government Spending to GDP 52.20 39.80 52.20 34.50 percent of GDP [+]
Government Debt 2218.20 2195.50 2218.20 52.10 GBP Billion [+]
Military Expenditure 58485.00 56856.00 64257.00 30751.00 USD Million [+]
Credit Rating 90.00 [+]
Asylum Applications 6939.00 9456.00 27891.00 5554.00 persons [+]
Government Revenues 62192.00 59525.00 83219.00 17491.00 GBP Million [+]


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”.