Key information about United Kingdom Total Loans

• United Kingdom Total Loans was reported at 8,750.934 USD bn in Jan 2025
• This records an increase from the previous number of 8,739.088 USD bn for Dec 2024
• United Kingdom Total Loans data is updated monthly, averaging 7,874.819 USD bn from Apr 1998 to Jan 2025, with 322 observations
• The data reached an all-time high of 11,032.244 USD bn in Mar 2008 and a record low of 2,956.512 USD bn in May 1998
• United Kingdom Total Loans data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Total Loans: USD: Monthly

CEIC calculates monthly Total Loans as the sum of loans to Private Sector, Public Sector and Non Residents, and converts it into USD. The Bank of England provides loans to Private Sector, Public Sector and Non Residents in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions. Total Loans cover lenders as Other MFIs.

This statistic displays the forecasted total of loans by banking and capital markets in the United Kingdom (UK) between 2018 and 2023. The total amount of loans by banking and capital markets is expected to rise from over 6.65 trillion British pounds in 2018 to over 7.9 trillion British pounds in 2023.

The total value of loan write-offs in the United Kingdom (UK) was over half a billion British pounds as of the third quarter of 2024. Most of that amount corresponded to loan write-offs by UK financial monetary financial institutions in British pounds, but there were also 52 million British pounds of loans in foreign currency written off. The highest value recorded during the observed period was during the fourth quarter of 2014.

Key information about United Kingdom Total Loans Growth

• United Kingdom Total Loans Growth was reported at 4.72 % in Jan 2025
• This records an increase from the previous number of 3.18 % for Dec 2024
• United Kingdom Total Loans Growth data is updated monthly, averaging 4.39 % from Apr 1999 to Jan 2025, with 310 observations
• The data reached an all-time high of 26.17 % in Jan 2008 and a record low of -10.04 % in Dec 2009
• United Kingdom Total Loans Growth data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Total Loans: Y-o-Y Growth: Monthly

CEIC calculates monthly Total Loans Growth from monthly Total Loans. Total Loans are calculated as the sum of loans to Private Sector, Public Sector and Non Residents. The Bank of England provides loans to Private Sector, Public Sector and Non Residents in local currency. Total Loans Growth covers lenders as Other MFIs.

United Kingdom UK: Central Government Debt: Total: % of GDP data was reported at 116.856 % in 2016. This records an increase from the previous number of 106.728 % for 2015. United Kingdom UK: Central Government Debt: Total: % of GDP data is updated yearly, averaging 44.132 % from Dec 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 116.856 % in 2016 and a record low of 29.195 % in 1991. United Kingdom UK: Central Government Debt: Total: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Kingdom – Table UK.World Bank.WDI: Government Revenue, Expenditure and Finance. Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted average;

Key information about United Kingdom Total Debt: % of GDP

• United Kingdom Total Debt accounted for 872.5 % of the country's GDP in 2024, compared with the ratio of 878.1 % in the previous quarter.
• UK Total Debt: % of GDP data is updated quarterly, available from Mar 1987 to Sep 2024.
• The data reached an all-time high of 1,236.1 % in Sep 2011 and a record low of 517.3 % in Dec 1988.

CEIC calculates quarterly Total Debt as % of Nominal GDP from quarterly Total Debt and quarterly Nominal GDP. Total Debt is calculated as Total Liabilities less Equity & Investment Fund Shares and Financial Derivatives. Office for National Statistics provides Total Debt in local currency and Nominal GDP in local currency.

Average total loan outlay per higher education undergraduate student by course start year and years of funding.

United Kingdom M4 Lending: SL: Changes: sa: Loans by UK MFIs: Total data was reported at 1,378.000 GBP mn in Jun 2018. This records an increase from the previous number of 904.000 GBP mn for May 2018. United Kingdom M4 Lending: SL: Changes: sa: Loans by UK MFIs: Total data is updated monthly, averaging 1,039.000 GBP mn from Jan 1998 (Median) to Jun 2018, with 246 observations. The data reached an all-time high of 18,666.000 GBP mn in Oct 2007 and a record low of -16,117.000 GBP mn in Jul 2009. United Kingdom M4 Lending: SL: Changes: sa: Loans by UK MFIs: Total data remains active status in CEIC and is reported by Bank of England. The data is categorized under Global Database’s UK – Table UK.KB028: M4 Lending: Excluding Securitisations and Loan Transfers: Seasonally Adjusted.

Key information about United Kingdom Government Debt: % of GDP

• United Kingdom Government debt accounted for 101.1 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 100.9 % in the previous quarter.
• UK government debt to GDP ratio data is updated quarterly, available from Mar 1966 to Sep 2024.
• The data reached an all-time high of 107.5 % in Mar 2021 and a record low of 28.3 % in Dec 1990.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. The Office of National Statistics provides Government Debt in local currency. The Office for National Statistics provides Nominal GDP in local currency.


Related information about United Kingdom Government Debt: % of GDP

• In the latest reports, UK National Government Debt reached 3,810.9 USD bn in Sep 2024.
• The country's Nominal GDP reached 786.4 USD bn in Mar 2023.

These experimental statistics are estimates of loans held as assets by institutional sector, together with the counterparty sector holding the liability, from 2006 to 2013.

In the first half of 2024, the total value of debt from loans to households in the United Kingdom amounted to approximately ************ British pounds. It was in 2004, when household debt surpassed the ************ British pounds mark. Debts can be formed in a number of ways. The most common forms of debt for households include credit cards, medical debt, student loans, overdrafts, mortgages, automobile financing and personal loans.

United Kingdom UK: Deposit Takers: Asset Quality: Sectoral Distribution of Total Loans: Residents: General Government data was reported at 0.708 % in Mar 2018. This records an increase from the previous number of 0.676 % for Dec 2017. United Kingdom UK: Deposit Takers: Asset Quality: Sectoral Distribution of Total Loans: Residents: General Government data is updated quarterly, averaging 0.184 % from Dec 2008 (Median) to Mar 2018, with 24 observations. The data reached an all-time high of 0.708 % in Mar 2018 and a record low of 0.142 % in Jun 2012. United Kingdom UK: Deposit Takers: Asset Quality: Sectoral Distribution of Total Loans: Residents: General Government data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s United Kingdom – Table UK.IMF.FSI: Financial Soundness Indicators: Quarterly.

United Kingdom UK: Gross External Debt: General Government: Short Term: Trade Credit and Advances data was reported at 0.000 USD mn in Jun 2013. This stayed constant from the previous number of 0.000 USD mn for Mar 2013. United Kingdom UK: Gross External Debt: General Government: Short Term: Trade Credit and Advances data is updated quarterly, averaging 0.000 USD mn from Mar 1999 (Median) to Jun 2013, with 58 observations. United Kingdom UK: Gross External Debt: General Government: Short Term: Trade Credit and Advances data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Kingdom – Table UK.World Bank.QEDS: Gross External Debt: by Sector and Instrument.

Consumer lending, excluding student loans, in the United Kingdom (UK) reached nearly 33.51 billion British pounds in March 2025. These figures have thus recovered from the stark decline suffered in April 2020. The value of new consumer credit granted also decreased during the economic crisis of 2007, although more gradually. The category consumer lending includes loans and advances to individuals through credit cards and personal loans. The majority of consumer credit is through credit card lending. Mortgage lending The value of outstanding mortgage lending in the UK is far higher than that of consumer credit. Additionally, the outstanding volume of consumer credit has fluctuated more in the past, while mortgages have had a more consistent growth. In the second quarter of 2024, the value of gross new mortgage lending in the UK amounted to over 60 billion British pounds. Credit card payments With billions of British pounds in gross consumer lending through credit cards, it’s unsurprising that the number of credit cards in circulation in 2022 was nearly as high as the number of people in the UK. The number of credit cards peaked in 2005, and it slightly decreased in the following months. However, there were still nearly 56 million credit cards in issue in the UK in 2023. The average amount spent per purchase on credit cards in the UK was roughly 59 British pounds in November 2024. This figure is much lower than the spending limit of most credit cards.

UK: Gross External Debt: General Government: Long Term: Loans data was reported at 12.205 USD bn in Mar 2018. This records an increase from the previous number of 11.456 USD bn for Dec 2017. UK: Gross External Debt: General Government: Long Term: Loans data is updated quarterly, averaging 4.251 USD bn from Mar 1999 (Median) to Mar 2018, with 77 observations. The data reached an all-time high of 12.205 USD bn in Mar 2018 and a record low of 1.083 USD bn in Jun 2001. UK: Gross External Debt: General Government: Long Term: Loans data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s UK – Table UK.World Bank: QEDS: Gross External Debt: by Sector and Instrument.

Graph and download economic data for General government gross debt for United Kingdom (GGGDTAGBA188N) from 1980 to 2024 about United Kingdom, gross, debt, and government.

This statistic illustrates the quarterly value of new bank loans, including overdraft approvals to small and medium enterprises (SMEs) in the United Kingdom (UK) during the fourth quarter of 2018, by sector. An enterprise is classed as an SME based on their staff headcount, and their turnover or balance sheet total. Small enterprises have less than ** employees and less than *********** euros in turnover or balance sheet total, whereas medium-sized enterprises have less than *** employees, less than ********** euros in turnover, or less than ********** euros in their balance sheet total.

SMEs often rely on external financing such as loans and overdrafts. In the fourth quarter of 2018, the real estate, professional services and support sector had approximately *********** British pounds worth of new loans approved. It was was also the sector with highest volume of loans approved. More in-depth information could be found in the Statista dossier on small and medium enterprise financing in the UK.