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 37,230 USD per person. For comparison: The average debt per person in the same year in the European Union was 32,690 USD.

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Gross debt of the last 21 years in billion USD

JahrUnited Kingdom totalUnited Kingdom per capitaEU per capita
1998646.32 bn USD11,051 USD12,387 USD
1999695.44 bn USD11,851 USD12,342 USD
2000592.85 bn USD10,067 USD10,778 USD
2001565.77 bn USD9,570 USD10,717 USD
2002583.58 bn USD9,829 USD11,593 USD
2003713.02 bn USD11,954 USD14,402 USD
2004890.04 bn USD14,837 USD16,970 USD
20051,003.18 bn USD16,609 USD17,846 USD
20061,115.87 bn USD18,339 USD18,591 USD
20071,202.51 bn USD19,610 USD20,509 USD
20081,210.51 bn USD19,585 USD23,520 USD
20091,536.86 bn USD24,678 USD25,266 USD
20101,837.18 bn USD29,270 USD30,683 USD
20112,212.56 bn USD34,976 USD34,278 USD
20122,241.09 bn USD35,182 USD33,161 USD
20132,386.76 bn USD37,218 USD35,247 USD
20142,734.64 bn USD42,330 USD36,694 USD
20152,516.51 bn USD38,646 USD31,489 USD
20162,237.79 bn USD34,107 USD31,202 USD
20172,273.63 bn USD34,418 USD32,052 USD
20182,425.46 bn USD36,495 USD33,816 USD
20192,488.31 bn USD37,230 USD32,690 USD

Comparison of the gross debt per capita with the European Union in Euro

      United Kingdom       European Union

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

JahrUnited Kingdom totalUnited Kingdom per capitaEU per capita
20016.26 bn USD106 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)