Public Sector Net Debt to GDP in the United Kingdom decreased to 94.10 percent of GDP in July from 94.60 percent of GDP in June of 2026. Public Sector Net Debt to GDP in the United Kingdom averaged 59.05 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			Sep 2026
Fiscal Expenditure	115332.00	116114.00	GBP Million	Jul 2026
Government Budget	-4.30	-5.20	percent of GDP	Dec 2025
Public Sector Net Borrowing Ex Banks	-1800.00	-12784.00	GBP Million	Jul 2026
Government Debt	2984.90	2994.80	GBP Billion	Jul 2026
Government Debt to GDP	94.30	93.20	percent of GDP	Dec 2025
Government Revenues	113532.00	103330.00	GBP Million	Jul 2026
Government Spending	150653.00	151058.00	GBP Million	Jun 2026
Government Spending to GDP	44.60	44.00	percent of GDP	Dec 2025
Holidays
Interest Payments on Government Debt	7705.00	11769.00	GBP Million	Jul 2026
Military Expenditure	88977.50	89814.60	USD Million	Dec 2025
Public Sector Net Borrowing	-1800.00	-12784.00	GBP Million	Jul 2026
Public Sector Net Debt to GDP	94.10	94.60	percent of GDP	Jul 2026
Tax Revenue	81426.00	69992.00	GBP Million	Jul 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.