The UK government posted a total net borrowing surplus of GBP 0.664 billion in February of 2019, compared with a GBP 0.364 billion deficit in the corresponding month of the previous year and above market expectations of a GBP 0.05 billion surplus. Excluding state-controlled banks, the surplus decreased to GBP 0.2 billion from GBP 1.2 billion a year earlier, the lowest February borrowing since 2017. Since the start of the financial year in April, borrowing totalled GBP 23.1 billion, down by GBP 18 billion from February of 2018 and the lowest year-to-date net borrowing in 17 years. Debt rose by GBP 22.7 billion from a year earlier to GBP 1.79 trillion at the end of February, equivalent to 82.8 percent of GDP. Government Debt in the United Kingdom averaged -3994.97 GBP Million from 1993 until 2019, reaching an all time high of 14148 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 -1240.00 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 -2840.00 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
2018-12-21 09:30 AM Public Sector Net Borrowing £-6.35B £-5.57B £-7.05B £-5.4B
2019-01-22 09:30 AM Public Sector Net Borrowing £-2.11B £-6.25B £-1.05B £ -1.4B
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 £0.66B £0.4B £-1.2B
2019-05-22 08:30 AM Public Sector Net Borrowing £-3.4B
2019-06-21 08:30 AM Public Sector Net Borrowing £-2.8B


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 6093.00 19422.00 19422.00 -15378.00 GBP Million [+]
Government Spending 92768.00 91488.00 92768.00 31579.00 GBP Million [+]
Government Spending to GDP 38.50 38.80 46.40 34.10 percent [+]
Government Debt 664.00 14148.00 14148.00 -19956.00 GBP Million [+]
Military Expenditure 48383.40 48118.90 58314.80 26944.20 USD Million [+]
Credit Rating 94.83 [+]
Asylum Applications 3840.00 3310.00 5040.00 1655.00 persons [+]
Government Revenues 64489.00 79391.00 79391.00 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
664.00 14148.00 14148.00 -19956.00 1993 - 2019 GBP Million Monthly
NSA




Country Last Previous
Brazil 5336549.58 Feb/19
Canada 671.25 Dec/18
Euro Area 9859512.70 Dec/18
France 2322.30 Sep/18
Germany 1771735.10 Sep/17
Italy 2363684.90 Feb/19
Netherlands 401858.00 Dec/18
Russia 12591.30 Dec/18
Singapore 546699.50 Dec/18
South Africa 66385.00 Dec/18
Spain 1173988055.00 Dec/18
Switzerland 192446.00 Dec/19
Turkey 1162437.00 Mar/19
United Kingdom 664.00 Feb/19
United States 22027880.00 Mar/19


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