Public Debt in United Kingdom
Public debt in the United Kingdom averaged 94.0% of GDP in the decade to 2024, below the average for Major Economies of 117.7% of GDP. Public debt in 2024 was 101.3% of GDP. For more information on public debt, visit our dedicated page.
United Kingdom Public Debt Chart
Note: This chart displays Public Debt (% of GDP) for United Kingdom from 2014 to 2024.
Source: Macrobond.
United Kingdom Public Debt Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Public Debt (% of GDP) | 105.8 | 105.1 | 99.6 | 100.4 | 101.3 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects British public debt projections for the next ten years from a panel of 26 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable public debt forecast available for British public debt.
Download one of our sample reports to visualize what a Consensus Forecast is and see our British public debt projections.
Want to get access to the full dataset of British public debt forecasts? Send an email to info@focus-economics.com.