UK Government Debt And Deficit - December 2023

2nd May 2024

UK general government gross debt was £2,720.8 billion at the end of Quarter 4 (Oct to Dec) 2023, equivalent to 101.3% of gross domestic product (GDP).

UK general government deficit (or net borrowing) was £40.8 billion in Quarter 4 2023, equivalent to 6.0% of GDP.

The general government gross debt and deficit figures published here (for 1997 onwards) are fully consistent with those published in our Public sector finances, UK: February 2024 statistical bulletin, published on 21 March 2024.

Read the full report with many graphs HERE