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At the end of March 2023, UK general government gross debt was £2,537.0 billion, or 100.5% gross domestic product. [ 2 ] Approximately a third of the UK national debt is owned by the British government due to the Bank of England 's quantitative easing programme, so approximately a third of the cost of servicing the debt is paid by the ...
English: This chart shows UK debt as a percentage of GDP (1993-2023). This chart uses data from the Office for National Statistics (ONS). This chart uses data from the Office for National Statistics (ONS).
[1]: 81 A debt instrument is a financial claim that requires payment of interest and/or principal by the debtor to the creditor in the future. Examples include debt securities (such as bonds and bills), loans, and government employee pension obligations. [1]: 207 Net debt equals gross debt minus financial assets that are debt instruments.
The total amount the government owes is called the national debt. It is currently about £2.8 trillion - or £2,800,000,000,000. That is roughly the same as the value of all the goods and services ...
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The national debt servicing cost is 50% more than the £5.1bn forecast by the Office for Budget Responsibility. Interest spikes UK debt to record £7.6bn in May Skip to main content
Countries by household debt, loans and debt securities as % of GDP 1980 to 2022 [1] Country 2022 2021 2018 2017 2016 2015 ... UK: 83.8: 83.6
This is a list of countries by external debt: it is the total public and private debt owed to nonresidents repayable in internationally accepted currencies, goods or services, where the public debt is the money or credit owed by any level of government, from central to local, and the private debt the money or credit owed by private households or private corporations based on the country under ...