UK general government gross debt was £2.45T at the end of Q3, equivalent to 100.2% of GDP; net borrowing was £27.6B in Q3, or 4.4% of GDP: ONS

Sample article from our Government & Public Policy

LONDON , January 31, 2023 (press release) –

Quarterly estimates of UK government debt and deficit.

Main points

  • UK general government gross debt was £2,445.2 billion at the end of Quarter 3 (July to September) 2022, equivalent to 100.2% of gross domestic product (GDP).
  • UK general government deficit (or net borrowing) was £27.6 billion in Quarter 3 2022, equivalent to 4.4% 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: November 2022 statistical bulletin, published on 21 December 2022.

Industry Intelligence Editor's Note: This press release omits select charts and/or marketing language for editorial clarity. Click here to view the full report.

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