Government Debt in the United Kingdom increased to 2202.90 GBP Billion in August from 2201.50 GBP Billion in July of 2021. source: Office for National Statistics

Government Debt in the United Kingdom averaged 831.39 GBP Billion from 1975 until 2021, reaching an all time high of 2206.60 GBP Billion in June 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 October of 2021.

Government Debt in the United Kingdom is expected to be 2490.00 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


United Kingdom Last Unit Reference Previous Highest Lowest
Government Budget Value -21778.00 GBP Million Sep/21 -16824.00 11506.00 -52479.00
Government Spending 116448.00 GBP Million Jun/21 107699.00 116448.00 34367.00
Government Debt 2202.90 GBP Billion Aug/21 2201.50 2206.60 52.10
Government Revenues 61163.00 GBP Million Aug/21 70022.00 83219.00 17491.00


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”.