The United Kingdom recorded a Government Debt to GDP of 97.60 percent of the country's Gross Domestic Product in 2023. Government Debt to GDP in the United Kingdom averaged 70.36 percent of GDP from 1948 until 2023, reaching an all time high of 210.70 percent of GDP in 1948 and a record low of 21.60 percent of GDP in 1990. source: Office for Budget Responsibility, UK
Government Debt to GDP in the United Kingdom is expected to reach 91.90 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Public Sector Net Debt to GDP is projected to trend around 92.90 percent of GDP in 2025 and 93.20 percent of GDP in 2026, according to our econometric models.