Public Sector Net Borrowing in the United Kingdom decreased to -11578 GBP Million in December from -10941 GBP Million in November of 2025. Public Sector Net Borrowing in the United Kingdom averaged -5995.12 GBP Million from 1993 until 2025, reaching an all time high of 15238.00 GBP Million in January of 2024 and a record low of -50280.00 GBP Million in May of 2020. source: Office for National Statistics

Related	Last	Previous	Unit	Reference
Credit Rating	87.00			Feb 2026
Fiscal Expenditure	114831.00	107198.00	GBP Million	Dec 2025
Government Budget	-5.10	-4.80	percent of GDP	Dec 2024
Public Sector Net Borrowing Ex Banks	-11578.00	-10941.00	GBP Million	Dec 2025
Government Debt	2935.80	2925.40	GBP Billion	Dec 2025
Government Debt to GDP	93.60	94.40	percent of GDP	Dec 2024
Government Revenues	103253.00	96257.00	GBP Million	Dec 2025
Government Spending	149068.00	148545.00	GBP Million	Sep 2025
Government Spending to GDP	44.00	44.10	percent of GDP	Dec 2024
Holidays
Interest Payments on Government Debt	9062.00	3131.00	GBP Million	Dec 2025
Military Expenditure	81763.20	75303.40	USD Million	Dec 2024
Public Sector Net Borrowing	-11578.00	-10941.00	GBP Million	Dec 2025
Public Sector Net Debt to GDP	95.50	95.40	percent of GDP	Dec 2025
Tax Revenue	69965.00	64496.00	GBP Million	Dec 2025

United Kingdom Public Sector Net Borrowing

In the UK, public sector net borrowing measures the change in the public sectors accruing net financial indebtedness. This represents the balance for the financial account: the difference between the net acquisition of financial assets and the net incurrence of liabilities. Public sector net borrowing (PSNB) is often referred to by commentators as “the deficit”.