UNITED KINGDOM GENERAL GOVERNMENT GROSS DEBT


THE GENERAL GOVERNMENT GROSS DEBT IN THE UNITED KINGDOM WAS REPORTED AT 951.53 BILLIONS BRITISH POUND IN 2009, ACCORDING TO THE INTERNATIONAL MONETARY FUND (IMF). IN 2015, THE UNITED KINGDOM'S GENERAL GOVERNMENT GROSS DEBT IS EXPECTED TO BE 1688.30 BILLIONS BRITISH POUND. GROSS DEBT CONSISTS OF ALL LIABILITIES THAT REQUIRE PAYMENT OR PAYMENTS OF INTEREST AND/OR PRINCIPAL BY THE DEBTOR TO THE CREDITOR AT A DATE OR DATES IN THE FUTURE. THIS INCLUDES DEBT LIABILITIES IN THE FORM OF SDRS; CURRENCY AND DEPOSITS; DEBT SECURITIES; LOANS; INSURANCE; PENSIONS AND STANDARDIZED GUARANTEE SCHEMES; AND OTHER ACCOUNTS PAYABLE. THUS; ALL LIABILITIES IN THE GFSM 2001 SYSTEM ARE DEBT; EXCEPT FOR EQUITY AND INVESTMENT FUND SHARES AND FINANCIAL DERIVATIVES AND EMPLOYEE STOCK OPTIONS. DEBT CAN BE VALUED AT CURRENT MARKET; NOMINAL; OR FACE VALUES (GFSM 2001; PARAGRAPH 7.110). IN 2009, THE UNITED KINGDOM'S ECONOMY SHARE OF WORLD TOTAL GDP, ADJUSTED BY PURCHASING POWER PARITY, WAS 3.10 PERCENT. IN 2015, THE UNITED KINGDOM'S SHARE OF WORLD TOTAL GDP IS FORECASTED TO BE 2.81 PERCENT. THIS PAGE INCLUDES A CHART, HISTORICAL DATA AND FORECAST FOR THE UNITED KINGDOM'S GENERAL GOVERNMENT GROSS DEBT.



 united kingdom general government gross debt imf data




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IMF Data Specifications


CountryUnited Kingdom
Subject DescriptorGeneral government gross debt
Subject NotesGross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs; currency and deposits; debt securities; loans; insurance; pensions and standardized guarantee schemes; and other accounts payable. Thus; all liabilities in the GFSM 2001 system are debt; except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market; nominal; or face values (GFSM 2001; paragraph 7.110).
UnitsBritish Pound
ScaleBillions
Country/Series-specific NotesValuation of debt: Nominal value Source: National Statistical Office Latest actual data: 2009 Fiscal period reported: January/December GFS Manual Used: 2001 Basis of Recording: Noncash (accrual) Includes: Central Government
Estimates Start After2009
TitleUnited Kingdom General government gross debt
KeywordsUnited Kingdom General government gross debt, United Kingdom General government gross debt data,United Kingdom General government gross debt chart,United Kingdom General government gross debt historical data,United Kingdom General government gross debt graph,United Kingdom General government gross debt forecast.