Government finances

Central government data (World Bank WDI). Not directly comparable with EU Maastricht figures which use general government.

Government debt
130.7% GDP
2024
Govt expenditure
41.2% GDP
2023
Budget deficit
6.9% GDP
2024

Price level

United Kingdom is 10.8% cheaper than the USA overall (2025). Index: USA = 100.

Overall price level
89.2(USA=100)
2025

Source: World Bank WDI (PA.NUS.PPP / PA.NUS.FCRF × 100). GDP price level only.

Government debt since 2010

YearDebt (% GDP)Change
2010130.5—
2011143.1+12.6
2012146.4+3.2
2013141-5.3
2014149.6+8.6
2015147.1-2.5
2016155.6+8.5
2017160.1+4.6
2018156.8-3.4
2019159+2.2
2020194.7+35.7
2021183.8-10.9
2022138.2-45.6
2023136.1-2.1
2024130.7-5.4

Data sources

DatasetSourceCoverage
Govt debt / expenditure / revenue / surplusWorld Bank WDI (GC.* indicators)2000–2024
Price level index (USA=100)World Bank WDI PPP/XR ratio1990–2023
Labour tax wedgeEurostat earn_nt_taxrateEEA/EU only
Statutory tax ratesOECD / EC Taxation Trends 2024EU+EFTA only
United Kingdom — nstate — nstate