Public Sector Net Debt to GDP in the United Kingdom decreased to 92.90 percent of GDP in January from 95 percent of GDP in December of 2025. Public Sector Net Debt to GDP in the United Kingdom averaged 58.52 percent of GDP from 1993 until 2026, reaching an all time high of 98.10 percent of GDP in September of 2020 and a record low of 26.70 percent of GDP in March of 1993. source: Office for National Statistics

Related	Last	Previous	Unit	Reference
Credit Rating	87.00			Feb 2026
Fiscal Expenditure	112725.00	115619.00	GBP Million	Jan 2026
Government Budget	-5.20	-4.80	percent of GDP	Dec 2024
Public Sector Net Borrowing Ex Banks	30366.00	-13355.00	GBP Million	Jan 2026
Government Debt	2867.40	2923.70	GBP Billion	Jan 2026
Government Debt to GDP	93.60	94.40	percent of GDP	Dec 2024
Government Revenues	143091.00	102264.00	GBP Million	Jan 2026
Government Spending	149452.00	148828.00	GBP Million	Dec 2025
Government Spending to GDP	44.00	44.10	percent of GDP	Dec 2024
Holidays
Interest Payments on Government Debt	1501.00	9062.00	GBP Million	Jan 2026
Military Expenditure	81763.20	75303.40	USD Million	Dec 2024
Public Sector Net Borrowing	30366.00	-13355.00	GBP Million	Jan 2026
Public Sector Net Debt to GDP	92.90	95.00	percent of GDP	Jan 2026
Tax Revenue	109657.00	69524.00	GBP Million	Jan 2026

United Kingdom Public Sector Net Debt To GDP

In the United Kingdom, the most widely used balance sheet measure is public sector net debt excluding public sector banks (PSND ex). It comprises the excess of the public sector's financial liabilities (in the form of loans, debt securities, deposit holdings and currency) over its liquid financial assets (mainly foreign exchange reserves and cash deposits), with both measured at face or nominal value.