Public Sector Net Debt to GDP in the United Kingdom increased to 94 percent of GDP in September from 93.60 percent of GDP in August of 2026. Public Sector Net Debt to GDP in the United Kingdom averaged 59.16 percent of GDP from 1993 until 2026, reaching an all time high of 97.80 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			Nov 2026
Fiscal Expenditure	123791.00	116488.00	GBP Million	Sep 2026
Government Budget	-4.30	-5.20	percent of GDP	Dec 2025
Public Sector Net Borrowing Ex Banks	-24520.00	-17252.00	GBP Million	Sep 2026
Government Debt	3005.00	2981.20	GBP Billion	Sep 2026
Government Debt to GDP	94.30	93.20	percent of GDP	Dec 2025
Government Revenues	99271.00	99236.00	GBP Million	Sep 2026
Government Spending	156217.00	157069.00	GBP Million	Jun 2026
Government Spending to GDP	44.60	44.00	percent of GDP	Dec 2025
Holidays
Interest Payments on Government Debt	10933.00	8883.00	GBP Million	Sep 2026
Military Expenditure	88977.50	89814.60	USD Million	Dec 2025
Public Sector Net Borrowing	-24520.00	-17252.00	GBP Million	Sep 2026
Public Sector Net Debt to GDP	94.00	93.60	percent of GDP	Sep 2026
Tax Revenue	66282.00	66630.00	GBP Million	Sep 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.