Public sector net borrowing in the United Kingdom was GBP 20.5 billion in August 2021, GBP 5.5 billion less than a year earlier and compared with market expectations of GBP 15.6 billion. Still, it was the second-highest August borrowing since monthly records began in 1993. Central government receipts rose 9.5 percent to GBP 61.2 billion, spending fell 1.3 percent to GBP 79.6 billion. Public sector net borrowing was GBP 93.8 billion in the financial year-to-August 2021, the second highest financial year-to-August borrowing since monthly records began in 1993, but GBP 88.9 billion less than in the same period last year. source: Office for National Statistics
Government Budget Value in the United Kingdom averaged -5767.62 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 October 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.