Historical trend
Trend summary
Public sector net debt (% GDP) was 94 % GDP in 2026-07, down from 95 % GDP in 2026-06.
Trend
- Over the available record (1993-03–2026-07), it has ranged from 27 % GDP in 1993-03 to 98 % GDP in 2020-09.
- The latest reading is above the record average of 59 % GDP.
Context
- The ONS publishes public sector finances monthly; figures are subject to revision as outturn data comes in.
- This measure excludes the Bank of England's Asset Purchase Facility; including it would raise the ratio by several percentage points.
Generated from the published series — describes direction, magnitude and range only, with no editorial judgement or forecasts.
OECD comparison
UK ranks #2 of 7 in the G7 (lower is better)
🇩🇪 Germany
63 % GDP
🇬🇧 United Kingdom
94 % GDP
🇨🇦 Canada
106 % GDP
🇫🇷 France
111 % GDP
🇺🇸 United States
122 % GDP
🇮🇹 Italy
137 % GDP
🇯🇵 Japan
255 % GDP