Public Sector Net Debt to GDP in the United Kingdom increased to 95.50 percent of GDP in December from 95.40 percent of GDP in November of 2025. Public Sector Net Debt to GDP in the United Kingdom averaged 58.44 percent of GDP from 1993 until 2025, reaching an all time high of 98.10 percent of GDP in September of 2020 and a record low of 26.70 percent of GDP in March of 1993. 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 Debt To GDP

In the United Kingdom, the most widely used balance sheet measure is public sector net debt excluding public sector banks (PSND ex). It comprises the excess of the public sector's financial liabilities (in the form of loans, debt securities, deposit holdings and currency) over its liquid financial assets (mainly foreign exchange reserves and cash deposits), with both measured at face or nominal value.