Gross debt in the United Kingdom
The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.The gross debt in the United Kingdom in the period from 1998 to 2019 was between 565.8 bn and 2,734.6 bn USD. The hightest level within the past 21 years was reached in 2014. However, the liabilities in 2019 have been only 2,488.31 bn USD
Based on the number of inhabitants, this is in the United Kingdom a debt of 37,231 USD per person. For comparison: The average debt per person in the same year in the European Union was 32,667 USD.
Back to overview: United Kingdom
Gross debt of the last 21 years in billion USD
Jahr | United Kingdom total | United Kingdom per capita | EU per capita |
---|---|---|---|
1998 | 646.32 bn USD | 11,051 USD | 12,387 USD |
1999 | 695.44 bn USD | 11,851 USD | 12,342 USD |
2000 | 592.85 bn USD | 10,067 USD | 10,778 USD |
2001 | 565.77 bn USD | 9,570 USD | 10,717 USD |
2002 | 583.58 bn USD | 9,829 USD | 11,593 USD |
2003 | 713.02 bn USD | 11,954 USD | 14,402 USD |
2004 | 890.04 bn USD | 14,837 USD | 16,970 USD |
2005 | 1,003.18 bn USD | 16,609 USD | 17,846 USD |
2006 | 1,115.87 bn USD | 18,339 USD | 18,591 USD |
2007 | 1,202.51 bn USD | 19,610 USD | 20,509 USD |
2008 | 1,210.51 bn USD | 19,585 USD | 23,520 USD |
2009 | 1,536.86 bn USD | 24,678 USD | 25,266 USD |
2010 | 1,837.18 bn USD | 29,270 USD | 30,683 USD |
2011 | 2,212.56 bn USD | 34,976 USD | 34,278 USD |
2012 | 2,241.09 bn USD | 35,182 USD | 33,161 USD |
2013 | 2,386.76 bn USD | 37,218 USD | 35,247 USD |
2014 | 2,734.64 bn USD | 42,330 USD | 36,694 USD |
2015 | 2,516.51 bn USD | 38,646 USD | 31,489 USD |
2016 | 2,237.79 bn USD | 34,107 USD | 31,202 USD |
2017 | 2,273.63 bn USD | 34,418 USD | 32,056 USD |
2018 | 2,425.46 bn USD | 36,495 USD | 33,826 USD |
2019 | 2,488.31 bn USD | 37,231 USD | 32,667 USD |
Comparison of the gross debt per capita with the European Union in Euro
Budget deficit in the United Kingdom
The budget deficit of a country is the result of all its claims and liabilities. This includes incomes and expenses, repayments and building of new debts in other countries, but also domestic positions of the government, such as social insurances, local authorities and communities. It is the financial balance of the economic accounts. In simple terms: If a country at the end of the year has more money, than at at the beginning, it is a surplus - it is less, it is called deficit.The budget balance in the United Kingdom in the period between 2001 and 2019 varied between -243.43 bn Euro and +6.26 bn Euro. In 2019 was reached a balance of -65 bn Euro.
In ratio to population, this equals a new indebtedness of 977 Euro per capita in the United Kingdom only in 2019. For comparison, the average debt per capita in the European Union was in the same year at 332 Euro.
Budget deficit and surplus in the last 18 years
Jahr | United Kingdom total | United Kingdom per capita | EU per capita |
---|---|---|---|
2001 | 6.26 bn USD | 106 USD | -263 USD |
2002 | -34.24 bn USD | -577 USD | -496 USD |
2003 | -64.86 bn USD | -1,087 USD | -738 USD |
2004 | -82.47 bn USD | -1,375 USD | -808 USD |
2005 | -79.57 bn USD | -1,317 USD | -722 USD |
2006 | -74.43 bn USD | -1,223 USD | -499 USD |
2007 | -81.40 bn USD | -1,327 USD | -315 USD |
2008 | -150.46 bn USD | -2,434 USD | -951 USD |
2009 | -243.43 bn USD | -3,909 USD | -2,252 USD |
2010 | -229.10 bn USD | -3,650 USD | -2,486 USD |
2011 | -199.11 bn USD | -3,148 USD | -1,907 USD |
2012 | -220.56 bn USD | -3,462 USD | -1,689 USD |
2013 | -153.20 bn USD | -2,389 USD | -1,354 USD |
2014 | -169.84 bn USD | -2,629 USD | -1,226 USD |
2015 | -133.37 bn USD | -2,048 USD | -871 USD |
2016 | -88.35 bn USD | -1,347 USD | -620 USD |
2017 | -64.57 bn USD | -977 USD | -406 USD |
2018 | -64.32 bn USD | -968 USD | -288 USD |
2019 | -65.32 bn USD | -977 USD | -332 USD |
(negative numbers = deficit)