United Kingdom: Government deficit (% of GDP)
Percent of GDP · 1689–2025 · 337 observations · forecasts to 2031 · govdef_GDP
- 2025
- −5.46%percent of GDP
- Change on 2024
- +0.7 pointsfrom −6.13%
- Average, 2016–2025
- −5.34%10 years
- Record high and low
- 4.20% (1920)low −50.6% (1916)
Government deficit (% of GDP)
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Compare with other countries →Definition of Government deficit (% of GDP)
Recent values
Percent of GDP
| Year | Value | |
|---|---|---|
| 2031 | -1.60 | Forecast |
| 2030 | -1.70 | Forecast |
| 2029 | -1.97 | Forecast |
| 2028 | -2.62 | Forecast |
| 2027 | -4.39 | Forecast |
| 2026 | -5.13 | Forecast |
| 2025 | -5.46 | |
| 2024 | -6.13 | |
| 2023 | -6.04 | |
| 2022 | -4.73 | |
| 2021 | -7.74 | |
| 2020 | -12.9 | |
| 2019 | -2.46 | |
| 2018 | -2.19 | |
| 2017 | -2.46 | |
| 2016 | -3.27 |
Sources
This series is derived from other GMD variables.
Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →
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