The United Kingdom recorded a government budget deficit of 3181 GBP Million in November of 2018. Government Budget Value in the United Kingdom averaged -1472.49 GBP Million from 1984 until 2018, reaching an all time high of 17451 GBP Million in January of 2017 and a record low of -15411 GBP Million in April of 2013.

Government Budget Value in the United Kingdom is expected to be 1500.00 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 -2200.00 in 12 months time. In the long-term, the United Kingdom Public Sector Net Cash Requirement is projected to trend around 2100.00 GBP Million in 2020, according to our econometric models.

United Kingdom Public Sector Net Cash Requirement
Forecast Data Chart
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United Kingdom Government Last Previous Highest Lowest Unit
Government Debt to GDP 85.30 82.60 85.30 21.70 percent [+]
Government Budget -2.30 -3.80 4.80 -9.90 percent of GDP [+]
Government Budget Value -3181.00 -3357.00 17451.00 -15411.00 GBP Million [+]
Government Spending 91629.00 91863.00 92121.00 31579.00 GBP Million [+]
Government Spending to GDP 41.10 41.50 51.20 35.40 percent [+]
Government Debt -6345.00 -5569.00 13260.00 -19993.00 GBP Million [+]
Military Expenditure 48383.40 48118.90 58314.80 26944.20 USD Million [+]
Credit Rating 94.83 [+]
Asylum Applications 2925.00 2845.00 5040.00 1655.00 persons [+]
Government Revenues 56563.00 59931.00 74375.00 17298.00 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. 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 - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-3181.00 -3357.00 17451.00 -15411.00 1984 - 2018 GBP Million Monthly
Current Prices, NSA

Country Last Previous
Argentina -33770.20 Nov/18
Australia 6068.00 Nov/18
Brazil -50631.00 Nov/18
Canada -1113.00 Oct/18
China -286.50 Nov/18
France -95.64 Nov/18
Germany 36.06 Jun/18
India -7166.25 Dec/18
Indonesia -259900.00 Dec/18
Italy -6.06 Oct/18
Japan -60963.00 Sep/18
Mexico -40905.70 Nov/18
Netherlands -8.90 Sep/18
Russia 3394.30 Nov/18
Saudi Arabia -238494.00 Dec/17
Singapore -60.60 Oct/18
South Africa -13966.00 Nov/18
South Korea 37409.00 Nov/18
Spain -12378.00 Nov/18
Switzerland 2176.00 Dec/19
Turkey 5198837.00 Nov/18
United Kingdom -3181.00 Nov/18
United States -205000.00 Nov/18