Government Debt in the United Kingdom increased to 2989.90 GBP Billion in June from 2976 GBP Billion in May of 2026. Government Debt in the United Kingdom averaged 1101.11 GBP Billion from 1975 until 2026, reaching an all time high of 2989.90 GBP Billion in June 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	116758.00	117075.00	GBP Million	Jun 2026
Public Sector Net Borrowing Ex Banks	-15989.00	-19995.00	GBP Million	Jun 2026
Government Debt	2989.90	2976.00	GBP Billion	Jun 2026
Government Revenues	100769.00	97080.00	GBP Million	Jun 2026
Government Spending	151058.00	149110.00	GBP Million	Mar 2026
Interest Payments on Government Debt	11771.00	11747.00	GBP Million	Jun 2026
Public Sector Net Borrowing	-15989.00	-19995.00	GBP Million	Jun 2026
Public Sector Net Debt to GDP	94.90	94.80	percent of GDP	Jun 2026
Tax Revenue	68038.00	65181.00	GBP Million	Jun 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”.