The United Kingdom recorded a government budget deficit of 57890 GBP Million in April of 2020.

Government Budget Value in the United Kingdom averaged -1851.85 GBP Million from 1984 until 2020, reaching an all time high of 18487 GBP Million in January of 2019 and a record low of -57890 GBP Million in April of 2020. This page provides - United Kingdom Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Public Sector Net Cash Requirement - values, historical data and charts - was last updated on May of 2020. source: Office for National Statistics

Government Budget Value in the United Kingdom is expected to be -4900.00 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in the United Kingdom to stand at 2100.00 in 12 months time. In the long-term, the United Kingdom Public Sector Net Cash Requirement is projected to trend around 1800.00 GBP Million in 2021, according to our econometric models.

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United Kingdom Public Sector Net Cash Requirement

Actual Previous Highest Lowest Dates Unit Frequency
-57890.00 -10923.00 18487.00 -57890.00 1984 - 2020 GBP Million Monthly
Current Prices, NSA

United Kingdom Government Last Previous Highest Lowest Unit
Government Debt to GDP 80.80 82.60 82.90 21.70 percent [+]
Government Budget -1.80 -2.70 4.80 -10.20 percent of GDP [+]
Government Budget Value -57890.00 -10923.00 18487.00 -57890.00 GBP Million [+]
Government Spending 98140.00 100767.00 100767.00 32139.00 GBP Million [+]
Government Spending to GDP 39.30 40.00 46.50 34.50 percent [+]
Government Debt -61357.00 -14005.00 12390.00 -61357.00 GBP Million [+]
Military Expenditure 46883.00 46433.00 56163.00 25916.00 USD Million [+]
Credit Rating 91.00 [+]
Asylum Applications 3935.00 4415.00 5170.00 1655.00 persons [+]
Government Revenues 45614.00 62687.00 81718.00 17491.00 GBP Million [+]


United Kingdom Public Sector Net Cash Requirement
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.