United Kingdom Government Debt To GDP

The United Kingdom recorded a Government Debt to GDP of 85.70 percent of the country's Gross Domestic Product in 2011. Historically, from 1980 until 2011, the United Kingdom Government Debt To GDP averaged 46.2200 Percent reaching an all time high of 85.7000 Percent in December of 2011 and a record low of 31.3000 Percent in December of 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 includes a chart with historical data for the United Kingdom Government Debt To GDP.


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United Kingdom Government Debt To GDP


Government Debt to GDP
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.



UNITED KINGDOM NEWS

UK Inflation Down to 3% in April
Published: 5/22/2012 11:17:34 AM By: TradingEconomics.com, UK Statistics
UK CPI annual inflation stands at 3.0 per cent in April 2012, down from 3.5 per cent in March. The timing of Easter had a significant impact on the April data.

U.K. Unemployment Rate Down to 8.2 in March
Published: 5/16/2012 4:26:31 PM By: TradingEconomics.com, ONS
The unemployment rate was 8.2 per cent of the economically active population for January-March 2012, down 0.2 on the quarter. There were 2.63 million unemployed people, down 45,000 on the quarter.

U.K. Trade Deficit Narrows in March
Published: 5/15/2012 12:47:10 PM By: TradingEconomics.com, ONS
The UK’s deficit in Trade in Goods and Services narrowed to £2.7 billion in March, down £0.2 billion from £2.9 billion in February.

Bank of England Keeps Monetary Policy Unchanged
Published: 5/10/2012 12:10:23 PM By: TradingEconomics.com, Bank of England
The Bank of England’s Monetary Policy Committee voted on May 10th to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at £325 billion.

U.K. Economy Contracts 0.2% in Q1
Published: 5/7/2012 4:50:36 PM By: TradingEconomics.com, UK Office for National Statistics
U.K. Gross Domestic Product (GDP) decreased by 0.2 per cent in the first quarter of 2012, driven by weakness in the construction sector and the production sector.

UK Inflation Up to 3.5% in March
Published: 4/18/2012 11:28:58 AM By: TradingEconomics.com, UK Statistics
UK CPI annual inflation stands at 3.5 per cent in March 2012, up from 3.4 per cent in February. The CPI stands at 122.2 in March 2012 based on 2005 = 100.

UK Trade Deficit Widens in February
Published: 4/12/2012 11:27:42 AM By: TradingEconomics.com, UK Office for National Statistics
The UK’s deficit in Trade in Goods and Services increased to £3.4 billion in February, up £0.9 billion from £2.5 billion in January.

Bank of England Leaves Policy Unchanged
Published: 4/5/2012 12:35:17 PM By: TradingEconomics.com, Bank of England
The Bank of England’s Monetary Policy Committee voted on April 5th, to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to continue with its programme of asset purchases totalling £325 billion financed by the issuance of central bank reserves.

UK GDP Contracts 0.3% in Q4
Published: 3/28/2012 2:47:44 PM By: TradingEconomics.com, UK Office for National Statistics
UK gross domestic product (GDP) in volume terms decreased by 0.3 per cent in the fourth quarter of 2011, revised from a decline of 0.2 per cent previously estimated. For the year 2011, GDP in volume terms increased by 0.7 per cent.

UK Annual Inflation Rate Down to 3.4% in February
Published: 3/20/2012 10:41:22 AM By: TradingEconomics.com, UK Office for National Statistics
UK annual inflation stands at 3.4 per cent in February 2012, down from 3.6 per cent in January. The annual rate for February is the lowest since November 2010. The CPI stands at 121.8 in February 2012 based on 2005 = 100

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