Government Debt in the United Kingdom increased to 2363.20 GBP Billion in May from 2347.70 GBP Billion in April of 2022. source: Office for National Statistics

Government Debt in the United Kingdom averaged 867.59 GBP Billion from 1975 until 2022, reaching an all time high of 2363.20 GBP Billion in May of 2022 and a record low of 52.10 GBP Billion in March of 1975. This page provides the latest reported value for - United Kingdom Public Sector Net Borrowing - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Public Sector Net Debt Ex Banks - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

Government Debt in the United Kingdom is expected to be 2450.00 GBP Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Public Sector Net Debt Ex Banks is projected to trend around 2510.00 GBP Billion in 2023 and 2590.00 GBP Billion in 2024, according to our econometric models.

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United Kingdom Public Sector Net Debt Ex Banks



Related Last Previous Unit Reference
Government Budget Value -13990.00 -21896.00 GBP Million May 2022
Government Spending 115215.00 117221.00 GBP Million Mar 2022
Government Debt 2363.20 2347.70 GBP Billion May 2022
Government Revenues 66577.00 69440.00 GBP Million May 2022

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”.
Actual Previous Highest Lowest Dates Unit Frequency
2363.20 2347.70 2363.20 52.10 1975 - 2022 GBP Billion Monthly
Current Prices, NSA