Public sector debt interest spending in the United Kingdom reached 121 billion British pounds in 2023/24, compared with just under 130 billion pounds in the previous year.

Interest Payments on Government Debt in the United Kingdom increased to 9017 GBP Million in April from 4499 GBP Million in March of 2025. This dataset includes a chart with historical data for the United Kingdom Interest Payments On Government Debt.

Government debt in the United Kingdom reached over 2.8 trillion British pounds in 2024/25, compared with 1.8 trillion pounds in 2019/20.

Public sector net debt amounted to 95.8 percent of gross domestic product in the United Kingdom during the 2024/25 financial year, or 90 percent when the Bank of England is excluded. UK government debt is at its highest levels since the early 1960s, due to a significant increase in borrowing during the COVID-19 pandemic. After peaking at 251.7 percent shortly after the end of the Second World War, government debt in the UK gradually fell, before a sharp increase in the late 2000s at the time of the global financial crisis. Debt not expected to start falling until 2029/30 In 2022/23, the UK's government expenditure was approximately 1.15 trillion pounds, around 45.3 percent of GDP. This spending was financed by 1.02 trillion pounds of revenue raised, and 1.28 billion pounds of borrowing. Although the UK government can still borrow money in the future, it also needs to abide by certain fiscal rules, one of which is that debt should be falling within a five-year timeframe. Recent forecasts suggest that while this is expected to be the case, it is based on falling government deficits in the next five years. Next government faces hard choices Whoever wins the UK's 2024 general election will face tough economic choices in the coming years. Hitting fiscal targets, such as reducing the national debt, will require a careful balancing of the books, and possibly the need for either spending cuts or tax rises. The two major parties, Labour and the Conservatives, have both ruled out raising the main government tax sources, Income Tax, National Insurance, and VAT, and have so far remained silent on possible spending cuts. With limits on borrowing, and no tax rises or spending cuts, maintaining, let alone improving public services, will prove a challenging prospect for the next government.

United Kingdom UK: Expenditure: Interest Payments: % of Revenue data was reported at 6.817 % in 2016. This records an increase from the previous number of 6.564 % for 2015. United Kingdom UK: Expenditure: Interest Payments: % of Revenue data is updated yearly, averaging 8.918 % from Dec 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 11.791 % in 1979 and a record low of 5.356 % in 2004. United Kingdom UK: Expenditure: Interest Payments: % of Revenue 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: Government Revenue, Expenditure and Finance. Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; Median;

Interest payments (% of revenue) in United Kingdom was reported at 9.0309 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. United Kingdom - Interest payments (% of revenue) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

The here depicted ratio of national debt to gross domestic product (GDP) of the United Kingdom amounts to approximately 103.89 percent in 2025.Fluctuating rise between 1980 and 2025Compared to the earliest depicted observation from 1980 there is a total increase by approximately 61.37 percentage points. Looking at the trajectory between 1980 and 2025, one can observe that this increase however did not happen continuously.Fluctuating rise between 2025 and 2030The ratio will amount to roughly 106.06 percent in 2030, according to forecasts. This indicates an overall increase by approximately 2.17 percentage points since 2025.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Presents the aggregate Public sector debt interest to revenue ratio (interest paid by the public sector (excluding public sector banks) less the property income received), for the financial years ending March 1947 to March 2019.

Government Debt in the United Kingdom increased to 2867 GBP Billion in May from 2831.50 GBP Billion in April of 2025. This dataset provides the latest reported value for - United Kingdom Public Sector Net Borrowing - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

United Kingdom UK: Expenditure: Interest Payments data was reported at 47,405.000 GBP mn in 2016. This records an increase from the previous number of 43,341.000 GBP mn for 2015. United Kingdom UK: Expenditure: Interest Payments data is updated yearly, averaging 21,402.000 GBP mn from Dec 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 51,467.000 GBP mn in 2011 and a record low of 1,763.000 GBP mn in 1972. United Kingdom UK: Expenditure: Interest Payments 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. Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; ;

Uruguay Gross Debt: Public Sector: By Types of Interest Rate: Floating data was reported at 3.639 USD bn in Jun 2018. This records an increase from the previous number of 3.632 USD bn for Mar 2018. Uruguay Gross Debt: Public Sector: By Types of Interest Rate: Floating data is updated quarterly, averaging 3.750 USD bn from Dec 2000 (Median) to Jun 2018, with 71 observations. The data reached an all-time high of 6.045 USD bn in Mar 2003 and a record low of 2.596 USD bn in Mar 2008. Uruguay Gross Debt: Public Sector: By Types of Interest Rate: Floating data remains active status in CEIC and is reported by Central Bank of Uruguay. The data is categorized under Global Database’s Uruguay – Table UY.F012: Government Debt: By Type of Interest Rate.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for United Kingdom (IRLTLT01GBM156N) from Jan 1960 to Apr 2025 about long-term, 10-year, United Kingdom, bonds, yield, government, interest rate, interest, and rate.

The United Kingdom recorded a Government Budget deficit equal to 4.80 percent of the country's Gross Domestic Product in 2024. This dataset provides - United Kingdom Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Uruguay Gross Debt: Public Sector: By Types of Interest Rate: Floating: LIBOR data was reported at 834.678 USD mn in Jun 2018. This records an increase from the previous number of 828.902 USD mn for Mar 2018. Uruguay Gross Debt: Public Sector: By Types of Interest Rate: Floating: LIBOR data is updated quarterly, averaging 828.902 USD mn from Dec 2000 (Median) to Jun 2018, with 71 observations. The data reached an all-time high of 2.250 USD bn in Sep 2014 and a record low of 174.103 USD mn in Jun 2008. Uruguay Gross Debt: Public Sector: By Types of Interest Rate: Floating: LIBOR data remains active status in CEIC and is reported by Central Bank of Uruguay. The data is categorized under Global Database’s Uruguay – Table UY.F012: Government Debt: By Type of Interest Rate.

Uruguay Gross Debt: Public Sector: By Types of Interest Rate: Floating: Inter-American Development Bank (IADB) data was reported at 1.592 USD bn in Jun 2018. This records an increase from the previous number of 1.581 USD bn for Mar 2018. Uruguay Gross Debt: Public Sector: By Types of Interest Rate: Floating: Inter-American Development Bank (IADB) data is updated quarterly, averaging 1.531 USD bn from Dec 2000 (Median) to Jun 2018, with 71 observations. The data reached an all-time high of 2.247 USD bn in Jun 2009 and a record low of 1.322 USD bn in Mar 2013. Uruguay Gross Debt: Public Sector: By Types of Interest Rate: Floating: Inter-American Development Bank (IADB) data remains active status in CEIC and is reported by Central Bank of Uruguay. The data is categorized under Global Database’s Uruguay – Table UY.F012: Government Debt: By Type of Interest Rate.

This statistic shows the general government gross consolidated debt (national debt) at a nominal value of the United Kingdom (UK) from 2000 to 2019. After a small decrease from 2000/01 to 2001/02 national debt increased each year during this period. The largest increase came from 2008/09 to 2009/10 when national debt rose by 255 billion pounds.

Egypt Debt Service: Government: Annual: Interest: Paid data was reported at 1.083 USD bn in 2017. This records an increase from the previous number of 835.800 USD mn for 2016. Egypt Debt Service: Government: Annual: Interest: Paid data is updated yearly, averaging 645.100 USD mn from Jun 2001 (Median) to 2017, with 17 observations. The data reached an all-time high of 1.083 USD bn in 2017 and a record low of 578.100 USD mn in 2005. Egypt Debt Service: Government: Annual: Interest: Paid data remains active status in CEIC and is reported by Central Bank of Egypt. The data is categorized under Global Database’s Egypt – Table EG.F018: Government Debt Service. Interest Paid includes interest payments on Egyptian bonds and notes floated abroad.

Uruguay Gross Debt: Public Sector: By Types of Interest Rate: Floating: Others data was reported at 412.491 USD mn in Jun 2018. This records a decrease from the previous number of 427.447 USD mn for Mar 2018. Uruguay Gross Debt: Public Sector: By Types of Interest Rate: Floating: Others data is updated quarterly, averaging 441.050 USD mn from Dec 2000 (Median) to Jun 2018, with 71 observations. The data reached an all-time high of 2.694 USD bn in Dec 2004 and a record low of 0.000 USD mn in Jun 2009. Uruguay Gross Debt: Public Sector: By Types of Interest Rate: Floating: Others data remains active status in CEIC and is reported by Central Bank of Uruguay. The data is categorized under Global Database’s Uruguay – Table UY.F012: Government Debt: By Type of Interest Rate.

The yield on United Kingdom 10Y Bond Yield eased to 4.64% on June 9, 2025, marking a 0.02 percentage point decrease from the previous session. Over the past month, the yield has fallen by 0.01 points, though it remains 0.30 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. UK 10 Year Gilt Bond Yield - values, historical data, forecasts and news - updated on June of 2025.