The United Kingdom recorded a government budget deficit of 493 GBP Million in December of 2019.

Government Budget Value in the United Kingdom averaged -1722.21 GBP Million from 1984 until 2019, reaching an all time high of 18681 GBP Million in January of 2019 and a record low of -16111 GBP Million in April of 2013. This page provides - United Kingdom Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Office for National Statistics

Government Budget Value in the United Kingdom is expected to be 5500.00 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 2020, according to our econometric models.

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United Kingdom Public Sector Net Cash Requirement

Actual Previous Highest Lowest Dates Unit Frequency
-493.00 -1114.00 18681.00 -16111.00 1984 - 2019 GBP Million Monthly
Current Prices, NSA

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.

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 -493.00 -1114.00 18681.00 -16111.00 GBP Million [+]
Government Spending 98715.00 99354.00 99354.00 32139.00 GBP Million [+]
Government Spending to GDP 39.30 40.00 46.50 34.50 percent [+]
Government Debt -4040.00 -4195.00 12668.00 -21052.00 GBP Million [+]
Military Expenditure 46883.00 46433.00 56163.00 25916.00 USD Million [+]
Credit Rating 92.00 [+]
Asylum Applications 4415.00 4120.00 5170.00 1655.00 persons [+]
Government Revenues 62220.00 58446.00 80038.00 17298.00 GBP Million [+]