Government Debt in the United Kingdom increased to 2943 GBP Billion in April from 2917.20 GBP Billion in March of 2026. Government Debt in the United Kingdom averaged 1092.03 GBP Billion from 1975 until 2026, reaching an all time high of 2943.00 GBP Billion in April of 2026 and a record low of 52.10 GBP Billion in March of 1975. source: Office for National Statistics

Related	Last	Previous	Unit	Reference
Fiscal Expenditure	119121.00	123775.00	GBP Million	Apr 2026
Public Sector Net Borrowing Ex Banks	-24343.00	-11483.00	GBP Million	Apr 2026
Government Debt	2943.00	2917.20	GBP Billion	Apr 2026
Government Revenues	94778.00	112292.00	GBP Million	Apr 2026
Government Spending	149462.00	148909.00	GBP Million	Mar 2026
Interest Payments on Government Debt	10329.00	3210.00	GBP Million	Apr 2026
Public Sector Net Borrowing	-24343.00	-11483.00	GBP Million	Apr 2026
Public Sector Net Debt to GDP	94.20	93.70	percent of GDP	Apr 2026
Tax Revenue	64188.00	75253.00	GBP Million	Apr 2026

United Kingdom Public Sector Net Debt Ex Banks

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”.