Public debt as a share of GDP fell 4.06% to 76.7% in the United Kingdom in 2024, according to the National Statistical Office.
Historically, public debt as a share of GDP in the United Kingdom reached an all time high of 103% in 2020 and an all time low of 28.4% in 1991. When compared to United Kingdom's main peers, public debt as a share of GDP in Belgium amounted to 107%, 113% in France, 65.6% in Germany and 39.2% in Ireland in 2024.
United Kingdom has been ranked 36th within the group of 166 countries we follow in terms of public debt as a share of GDP, 18 places below the position seen 10 years ago.
| Public Debt (As % of GDP) | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
| Austria | % | 82.9% | 78.5% | 77.3% | 75.6% | 74.7% | ||||||||||||||||
| Belgium | % | 108% | 104% | 105% | 107% | 110% | ||||||||||||||||
| Canada | % | 113% | 102% | 98.7% | 96.3% | 93.3% | ||||||||||||||||
| France | % | 113% | 112% | 113% | 113% | 115% | ||||||||||||||||
| Germany | % | 69.6% | 71.1% | 68.3% | 65.6% | 63.1% | ||||||||||||||||
| Iceland | % | 74.6% | 68.2% | 63.1% | 60.0% | 56.7% | ||||||||||||||||
| Ireland | % | 55.3% | 47.0% | 42.8% | 39.2% | 36.5% | ||||||||||||||||
| Italy | % | 151% | 147% | 147% | 146% | 145% | ||||||||||||||||
| Luxembourg | % | 24.3% | 25.4% | 25.8% | 26.0% | 26.1% | ||||||||||||||||
| Netherlands | % | 52.3% | 48.3% | 46.4% | 45.6% | 46.2% | ||||||||||||||||
| Poland | % | 53.8% | 48.7% | 45.1% | 46.2% | 47.3% | ||||||||||||||||
| Spain | % | 119% | 114% | 112% | 110% | 109% | ||||||||||||||||
| United Kingdom | % | 95.3% | 87.0% | 79.9% | 76.7% | 73.7% |
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