United Kingdom Public Sector Net Borrowing  1993-2018 | Data | Chart

The budget deficit in the UK widened to GBP 5.89 billion in August 2018 from GBP 3.48 billion in the same month of the previous year, and missing market expectations of a GBP 2.85 billion gap. This was the largest August borrowing for two years. Excluding state-controlled banks, the deficit stood at GBP 6.75 billion in August, also above forecasts of a GBP 3.4 billion gap. The deterioration in UK public finances was driven by a boost to the state pension and a contribution to the EU's budget. In the first five months of the 2018/19 financial year, the budget deficit narrowed sharply by 30.5 percent to GBP 17.8 billion, the smallest since 2002. Public sector net debt was GBP 1.78 trillion at the end of August, equivalent to 84.3 percent of GDP, compared with 86.1 percent in August last year. Government Debt in the United Kingdom averaged -4077.56 GBP Million from 1993 until 2018, reaching an all time high of 13276 GBP Million in January of 2017 and a record low of -19991 GBP Million in April of 2012.

United Kingdom Public Sector Net Borrowing
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Calendar GMT Actual Previous Consensus TEForecast
2018-07-20 08:30 AM Public Sector Net Borrowing £-4.53B £-3.85B £-3.5B £-4.0B
2018-08-21 08:30 AM Public Sector Net Borrowing £2.872B £-3.313B £2.3B £-2.1B
2018-09-21 08:30 AM Public Sector Net Borrowing £-5.889B £3.936B £-2.85B £-2.4B
2018-10-19 08:30 AM Public Sector Net Borrowing £-5.889B £-3.2B
2018-11-21 09:30 AM Public Sector Net Borrowing £-5.7B
2018-12-21 09:30 AM Public Sector Net Borrowing £-5.4B

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 -3242.00 4476.00 17465.00 -15411.00 GBP Million [+]
Government Spending 92940.00 92555.00 92940.00 31579.00 GBP Million [+]
Government Spending to GDP 41.10 41.50 51.20 35.40 percent [+]
Government Debt -5889.00 3936.00 13276.00 -19991.00 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 55604.00 66947.00 74389.00 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 October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-5889.00 3936.00 13276.00 -19991.00 1993 - 2018 GBP Million Monthly

government debt by Country
Country Last
Brazil 5223985.95 Aug/18
Euro Area 9685501.30 Dec/17
France 2299.80 Jun/18
Germany 1771735.10 Sep/17
Italy 2341685.80 Jul/18
Netherlands 413628.00 Jun/18
Russia 11618.80 Mar/18
Singapore 527981.20 Jun/18
South Africa 70549.00 Jun/18
Spain 1163885055.00 Jun/18
Switzerland 197684.00 Dec/18
Turkey 1153454.00 Aug/18
United Kingdom -5889.00 Aug/18
United States 21516058.00 Sep/18