United Kingdom Government Debt To GDP

The United Kingdom recorded a Government Debt to GDP of 90.60 percent of the country's Gross Domestic Product in 2013. Government Debt To GDP in the United Kingdom is reported by the Eurostat. Government Debt To GDP in the United Kingdom averaged 48.57 Percent from 1980 until 2013, reaching an all time high of 90.60 Percent in 2013 and a record low of 31.30 Percent in 1991. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - United Kingdom Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
90.60 89.10 90.60 31.30 91.08 | 2014/06 1980 - 2013 Percent Yearly

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United Kingdom Government Debt To GDP
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Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 90.60 2013-12-31 89.10 90.60 31.30 91.08 2014-06-30 Percent [+]
Credit Rating 97.96 2013-12-31 [+]
Government Budget Value 15724.00 2014-03-15 15.00 54910.00 -35582.00 4365.71 2014-03-31 GBP Million [+]
Government Spending 86654.00 2013-11-15 86822.00 87195.00 32311.00 87357.02 2014-03-31 GBP Million [+]
Government Budget -5.80 2013-12-31 -6.10 3.60 -11.40 -5.54 2014-06-30 Percent of GDP [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


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