United Kingdom Government debt (absolute) 2024: Interactive Chart & Historical Data

Current level: 130.74 bn USD (2024-01-01)

Government debt (absolute) (measured in bn USD) tracks the fiscal position and borrowing levels of United Kingdom. Debt indicators are essential for assessing sovereign creditworthiness, fiscal sustainability, and the government's capacity to respond to economic shocks. Investors and rating agencies monitor debt levels to evaluate default risk, currency stability, and the long-term trajectory of public finances. In United Kingdom, Government debt (absolute) is influenced by tax revenues, government spending programs, interest rates, and economic growth. High or rapidly growing debt can constrain future policy options, while prudent fiscal management supports investor confidence and lower borrowing costs. The most recent data point shows 130.74 bn USD as of 2024-01-01. This dataset spans 1990–2024, covering 35 annual observations. Data is sourced from Imf Weo Database and updated regularly on EconDash. Use EconDash's interactive chart to explore debt dynamics over time, compare United Kingdom with fiscal peers, and analyze debt-to-GDP ratios.