The United Kingdom national debt is the total quantity of money borrowed by the Government of the United Kingdom at any time through the issue of securities by the British Treasury and other government agencies. At the end of March 2023, UK general government gross debt was £2,537.0 billion, or 100.5% gross domestic product. [2]

Feb 21, 2025 · Borrowing in the financial year from April last year to January 2025 was £118.2bn, some £11.6bn more than at the same point in the last year. The total amount the government owes is called the...

5 days ago · Between 2019 and 2020, the UK saw the biggest 1-year spike in debt-to-GDP since the 2008 financial crisis. The IMF projects a 9% increase in the UK’s debt-to-GDP figure by 2025. On the other hand, another source, the OECD, reported the UK’s gross government debt as 117.3%, with a previous high of 119.8% in 2016.

UK general government gross debt was £2,720.8 billion at the end of Quarter 4 (Oct to Dec) 2023, equivalent to 101.3% of gross domestic product (GDP). UK general government deficit (or net...

An overview of national debt in the UK: its history, the impact of coronavirus, its current level, how it is financed, and its significance.

Jul 19, 2024 · The UK's national debt has reached its highest level since 1962, according to new official figures. The total stock of government debt was worth 99.5% of the value of the economy in June,...

Jun 1, 2018 · United Kingdom National Government Debt reached 3,810.9 USD bn in Sep 2024, compared with 3,544.5 USD bn in the previous quarter. UK National Government Debt data is updated quarterly, available from Mar 1966 to Sep 2024.

Jan 10, 2025 · The UK national debt is the total amount of money the British government owes to the private sector and other purchasers of UK gilts (e.g. Bank of England). UK public sector net debt (ex public sector banks) was £2,685.6 billion or 98.1% of GDP (20 Dec 2024).

Sep 12, 2024 · UK national debt is currently at almost 100% of GDP. The OBR says its base scenario is a national debt of 274% of GDP in 2071, with risks from war, disease, cyber-conflict and trade tensions...

Jun 26, 2024 · Discover the most recent debt statistics for the UK and understand its state in 2024 and beyond, including data on general government, personal, mortgage, and credit card debt.