U.K. debt to gdp ratio for 2023 was 138.19%, a 3.05% decline from 2022.
U.K. debt to gdp ratio for 2022 was 141.24%, a 45.55% decline from 2021.
U.K. debt to gdp ratio for 2021 was 186.79%, a 9.85% decline from 2020.
U.K. debt to gdp ratio for 2020 was 196.64%, a 36.32% increase from 2019.
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.