Public sector net debt in the United Kingdom was GBP 2,218.2 billion at the end of June 2021 or around 99.7 percent of GDP, the highest ratio since the 102.5 percent recorded in March 1961. source: Office for National Statistics
Government Debt in the United Kingdom averaged 823.55 GBP Billion from 1975 until 2021, reaching an all time high of 2218.20 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 July 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. Looking forward, we estimate Government Debt in the United Kingdom to stand at 2150.00 in 12 months time. 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.