The UK government posted a deficit of GBP 4.97 billion in April 2019, little changed from a GBP 5.0 billion gap in the same month of the previous year and slightly below market expectations of a GBP 5.1 billion shortfall. This was the lowest April net borrowing since 2007. Excluding state-controlled banks, the gap decreased to GBP 5.8 billion from GBP 5.83 a year earlier. Borrowing in the latest full financial year (April 2018 to March 2019) totalled GBP 23.5 billion, down by GBP 18.3 billion from the previous financial year and was the lowest year-to-date net borrowing in 17 years. Debt rose by GBP 20.5 billion from a year ago to GBP 1.80 trillion at the end of April, equivalent to 82.7 percent of GDP. Government Debt in the United Kingdom averaged -3984.10 GBP Million from 1993 until 2019, reaching an all time high of 15155 GBP Million in January of 2019 and a record low of -19956 GBP Million in April of 2012.

Government Debt in the United Kingdom is expected to be -3210.00 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Debt in the United Kingdom to stand at -1120.00 in 12 months time. In the long-term, the United Kingdom Public Sector Net Borrowing is projected to trend around -2440.00 GBP Million in 2020, according to our econometric models.

United Kingdom Public Sector Net Borrowing
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-21 09:30 AM Public Sector Net Borrowing £15.759B £-2.11B £11.05B £10.5B
2019-03-21 09:30 AM Public Sector Net Borrowing £0.66B £14.15B £0.05B £-0.2B
2019-04-24 08:30 AM Public Sector Net Borrowing £-0.84B £0.51B £0.4B £-1.2B
2019-05-22 08:30 AM Public Sector Net Borrowing £-4.97B £0.96B £-5.1B £-3.4B
2019-06-21 08:30 AM Public Sector Net Borrowing £-4.97B £-5.10B £-2.8B
2019-07-19 08:30 AM Public Sector Net Borrowing £ -3.2B
2019-08-21 08:30 AM Public Sector Net Borrowing £5.1B


United Kingdom Government Last Previous Highest Lowest Unit
Government Debt to GDP 84.70 85.10 85.10 21.80 percent [+]
Government Budget -2.00 -2.30 4.80 -9.90 percent of GDP [+]
Government Budget Value -2778.00 8224.00 19203.00 -15378.00 GBP Million [+]
Government Spending 94208.00 92768.00 94208.00 31579.00 GBP Million [+]
Government Spending to GDP 38.50 38.80 46.40 34.10 percent [+]
Government Debt -4967.00 958.00 15155.00 -19956.00 GBP Million [+]
Military Expenditure 46883.00 46433.00 56163.00 25916.00 USD Million [+]
Credit Rating 94.83 [+]
Asylum Applications 3315.00 3720.00 5040.00 1655.00 persons [+]
Government Revenues 61246.00 66323.00 78738.00 17298.00 GBP Million [+]


United Kingdom Public Sector Net Borrowing

In the United Kingdom, net borrowing or net lending is the difference between the net acquisition of financial assets and the net incurrence of liabilities. This page provides the latest reported value for - United Kingdom Public Sector Net Borrowing - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Public Sector Net Borrowing - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-4967.00 958.00 15155.00 -19956.00 1993 - 2019 GBP Million Monthly
NSA




Country Last Previous
Brazil 5479642.90 Apr/19
Canada 671.25 Dec/18
Euro Area 9859512.70 Dec/18
France 2315.30 Dec/18
Germany 1914261.15 Dec/18
Italy 2358799.50 Mar/19
Netherlands 401858.00 Dec/18
Russia 12591.30 Dec/18
Singapore 561896.00 Mar/19
South Africa 66385.00 Dec/18
Spain 1200257869.00 Mar/19
Switzerland 192446.00 Dec/19
Turkey 1210559.00 Apr/19
United Kingdom -4967.00 Apr/19
United States 22026424.00 May/19


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