Public Sector Net Debt to GDP in the United Kingdom decreased to 97.80 percent of GDP in September from 97.90 percent of GDP in August of 2023. Public Sector Net Debt to GDP in the United Kingdom averaged 56.28 percent of GDP from 1993 until 2023, reaching an all time high of 99.30 percent of GDP in September of 2020 and a record low of 26.70 percent of GDP in March of 1993. In the United Kingdom, the most widely used balance sheet measure is public sector net debt excluding public sector banks (PSND ex). It comprises the excess of the public sector’s financial liabilities (in the form of loans, debt securities, deposit holdings and currency) over its liquid financial assets (mainly foreign exchange reserves and cash deposits), with both measured at face or nominal value. This page includes a chart with historical data for the United Kingdom Public Sector Net Debt To GDP.
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