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Thursday April 18, 2024 
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Three Centuries Of UK National Debt

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Spending Units: By default, public spending is displayed in billions of pounds. By using a dropdown control in the table heading you can select £ bln (2018), and percent of GDP.
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View: There are two ways to view the spending data. The default view breaks down spending into functions. There is also a COFOG view that categorizes spending using the UN standard methodology.
General Help: You can use controls on the table below to change the following variables: spending units—e.g. percent of GDP, etc.— and year. You can select the HM Treasury Budget fiscal year.
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Data Stack: By default, the data series are “stacked” when displayed on the chart. But you can change the setting to “un stack” the data series.
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Data Range

Start Year: You can select any start year you want using the dropdown control in the table heading. At the top and bottom of the dropdown only years ending in “0” are shown. Select a start year to get close, then select the start year you want.
End Year: You can select any end year you want using the dropdown control in the table heading. At the top and bottom of the dropdown only years ending in “0” are shown. Select an end year to get close, then select the end year you want.
Category (max 7)Sub-categoryCentral 
Gov.
General 
Gov.
Local 
Auth.
Total   
 
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If you’d like to create your own custom chart of spending data you should use the table above to make your selections.

  • Select the year range: Select the start year and the end year you want by selecting the years you want in the two year dropdown boxes.
  • Select spending items: Just select the spending item you want from the dropdown control. Then click a radio button to select the level of government: federal, state, or local. If you select from the < select > you will add another data series to your chart. Up to 5 data series are allowed at once. Click the “X” link to remove a data series from the chart.
  • Select units: You can select the display in billions of nominal (i.e. inflated) pounds, billions of real (i.e. year 2018) pounds, or as percent of GDP.
  • Choose chart features: You can select the size of the chart, switch from bar chart to line chart, select color or black and white, stacked or not. You can also blow up the chart to fill the screen with the “fullsize” tab control above the chart display.

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Copy and Paste: Here is the dataset you have just charted. The table also includes nominal or chained GDP for each year charted. If you’d like the data for analysis, just copy the tab-delimited text in the textbox below (click cursor in text box, then press ctrl-A then press ctrl-C) and paste it into your spreadsheet.

View Data Series

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Below is a formatted version of the dataset displayed in the chart. Included is a column of nominal or chained GDP for each year charted.

Three Centuries Of UK National Debt
Fiscal Years 1692 to 2019
YearInflationGDP-UK
£ billion nominal
Population-UK
million
Public Net Debt -total
percent GDP
1692MW gdp9.1005.61a
16930.4MW gdp9.1009.98a
16940.23MW gdp9.10010.29a
16950.23MW gdp9.10014.12a
16960.22MW gdp9.10017.76a
16970.22MW gdp9.10027.88a
16980.22MW gdp9.10028.79a
16990.39MW gdp9.10025.50a
17000.22MW gdp9.10023.43a
170159.89MW gdp9.12916.71a
1702-0.16MW gdp9.15817.18a
1703-0.97MW gdp9.18817.89a
17042MW gdp9.21714.57a
1705-1.43MW gdp9.24715.12a
1706-2.13MW gdp9.27618.31a
1707-2.5MW gdp9.30618.59a
17083.82MW gdp9.33617.67a
17097.55MW gdp9.36623.58a
17102.91MW gdp9.39628.16a
1711-7.71MW gdp9.42629.09a
1712-2.51MW gdp9.45646.53a
17132.95MW gdp9.48746.89a
17140.81MW gdp9.51744.15a
1715-3.29MW gdp9.54748.57a
17160.11MW gdp9.57847.38a
17171.86MW gdp9.60945.70a
1718-1MW gdp9.64044.11a
1719-1.57MW gdp9.67047.82a
17203.97MW gdp9.70156.25a
1721-4.43MW gdp9.73362.39a
1722-2.21MW gdp9.76460.57a
17232.41MW gdp9.79561.61a
1724-0.15MW gdp9.82662.56a
17252.04MW gdp9.85858.56a
17261.98MW gdp9.88959.44a
1727-1.64MW gdp9.92160.92a
17286.14MW gdp9.95355.47a
1729-1.81MW gdp9.98559.20a
1730-6.83MW gdp10.01761.19a
1731-0.8MW gdp10.04963.05a
1732-2.99MW gdp10.08158.94a
17330.14MW gdp10.11457.47a
17340.36MW gdp10.14656.44a
17352.37MW gdp10.17856.67a
1736-1.69MW gdp10.21154.02a
1737-1.17MW gdp10.24456.40a
1738-0.7MW gdp10.27754.60a
17390.67MW gdp10.31053.91a
17407.43MW gdp10.34351.52a
17411.43MW gdp10.39350.83a
1742-2.3MW gdp10.44453.44a
1743-1.82MW gdp10.49458.15a
1744-0.77MW gdp10.54563.44a
1745-2.59MW gdp10.59767.53a
17463.6MW gdp10.64868.32a
1747-1.4MW gdp10.70070.82a
17481.07MW gdp10.75277.65a
17491.61MW gdp10.80578.59a
1750-0.44MW gdp10.85778.00a
17510.17MW gdp10.91079.69a
17523.24MW gdp10.96372.55a
1753-1.83MW gdp11.01671.43a
1754-1.01MW gdp11.07071.49a
1755-2.04MW gdp11.12471.08a
17564.63MW gdp11.18471.05a
17577.57MW gdp11.24565.38a
1758-0.55MW gdp11.30668.42a
1759-6.59MW gdp11.36880.09a
17600.6MW gdp11.43086.19a
1761-2.29MW gdp11.49295.17a
17621.95MW gdp11.555106.39a
17635.37MW gdp11.617106.08a
17640.84MW gdp11.681106.51a
17650.81MW gdp11.744106.03a
17661.05MW gdp11.808103.33a
17673.19MW gdp11.87299.93a
1768-3.16MW gdp11.937101.22a
1769-4.12MW gdp12.00297.97a
17700.48MW gdp12.067100.46a
17715.06MW gdp12.13392.73a
17723.27MW gdp12.19991.93a
1773-0.35MW gdp12.26590.77a
17741.52MW gdp12.33290.57a
17751.06MW gdp12.39986.60a
1776-1.88MW gdp12.46788.05a
17772.47MW gdp12.53487.01a
17780.06MW gdp12.60391.73a
1779-2.93MW gdp12.671101.59a
1780-0.6MW gdp12.740106.50a
178113.08MW gdp12.809104.62a
17820.45MW gdp12.916118.40a
1783-2.25MW gdp13.023131.70a
1784-3.8MW gdp13.131142.88a
17850.7MW gdp13.240144.41a
17865.31MW gdp13.349135.27a
1787-0.53MW gdp13.460138.09a
1788-3.15MW gdp13.572142.50a
1789-1.66MW gdp13.684141.21a
17902.82MW gdp13.798127.75a
17910.62MW gdp13.912126.01a
17925.82MW gdp14.134113.96a
1793-0.74MW gdp14.360117.34a
17940.82MW gdp14.589123.56a
179510.92MW gdp14.822108.70a
17963.08MW gdp15.059120.31a
17971.11MW gdp15.299138.69a
17984.45MW gdp15.544143.30a
17997.99MW gdp15.792141.26a
18009.36MW gdp16.044127.93a
18015.48MW gdp16.300124.28a
1802-14.52MW gdp16.508156.79a
18030.83MW gdp16.718164.46a
18046.46MW gdp16.931156.83a
18053.21MW gdp17.147147.84a
18061.48MW gdp17.365152.95a
18070.51MW gdp17.586147.62a
18082.37MW gdp17.811153.19a
18096.18MW gdp18.037141.94a
18103.74MW gdp18.267130.62a
1811-3.27MW gdp18.500136.99a
18125.69MW gdp18.736138.50a
18132.09MW gdp18.975134.22a
1814-2.11MW gdp19.217156.02a
1815-7.66MW gdp19.462155.51a
1816-5.83MW gdp19.710182.70a
18172.07MW gdp19.962170.84a
18183.94MW gdp20.217183.73a
1819-4.9MW gdp20.474196.81a
1820-6.72MW gdp20.736193.13a
1821-5.84MW gdp21.000201.03a
1822-6.72MW gdp21.291209.35a
18231.59MW gdp21.586201.47a
18241.99MW gdp21.886185.78a
18258.29MW gdp22.189166.37a
1826-7.04MW gdp22.497187.73a
1827-3.53MW gdp22.809180.00a
1828-0.31MW gdp23.125179.20a
1829-4.18MW gdp23.445184.21a
1830-0.8MW gdp23.770176.98a
1831-4.61MW gdp24.100177.07a
1832-0.75MW gdp24.366177.02a
1833-3.15MW gdp24.636180.41a
18342.75MW gdp24.908169.48a
1835-0.41MW gdp25.183159.12a
18365.79MW gdp25.462149.70a
1837-1.8MW gdp25.743153.87a
18380.41MW gdp26.028145.82a
18391.89MW gdp26.315140.12a
1840-4.16MW gdp26.606145.52a
1841-1.5MW gdp26.900152.25a
1842-4.29MW gdp26.959161.36a
1843-3.49MW gdp27.019160.95a
18440.9MW gdp27.079149.06a
18451.67MW gdp27.138139.07a
1846-1.07MW gdp27.198134.56a
18476.38MW gdp27.258127.88a
1848-8.44MW gdp27.319135.97a
1849-0.56MW gdp27.379134.40a
1850-6.71MW gdp27.439145.86a
1851-1.4MW gdp27.500140.52a
18520.56MW gdp27.656134.77a
18539.46MW gdp27.813118.89a
18545.4MW gdp27.971108.16a
18550.78MW gdp28.129108.59a
18560.34MW gdp28.289106.54a
1857-1.46MW gdp28.449108.41a
1858-4.74MW gdp28.611113.77a
18593.19MW gdp28.773105.86a
18600.25MW gdp28.936103.20a
18612.47MW gdp29.10098.86a
18620.79MW gdp29.34198.49a
18633.65MW gdp29.58490.22a
18644.11MW gdp29.82984.55a
1865-2.5MW gdp30.07582.64a
18662.15MW gdp30.32479.08a
1867-1.39MW gdp30.57579.64a
1868-2.82MW gdp30.82875.89a
1869-0.04MW gdp31.08374.06a
1870-0.81MW gdp31.34169.03a
18711.76MW gdp31.48563.41a
18725.13MW gdp31.87459.96a
18733.61MW gdp32.17856.98a
1874-4.39MW gdp32.50256.79a
1875-3.39MW gdp32.83957.51a
1876-1.89MW gdp33.20058.67a
1877-1.97MW gdp33.57659.56a
1878-2.16MW gdp33.94461.10a
1879-1.97MW gdp34.30463.94a
1880-0.08MW gdp34.62359.69a
1881-0.77MW gdp34.93558.22a
18821.26MW gdp35.20756.26a
1883-2.52MW gdp35.45055.87a
1884-1.84MW gdp35.72451.80a
1885-1.34MW gdp36.01652.93a
18860.26MW gdp36.31452.69a
1887-0.18MW gdp36.59950.52a
18880.43MW gdp36.88146.62a
18892.09MW gdp37.17943.95a
18901.46MW gdp37.48542.58a
1891-2.6MW gdp37.80242.40a
1892-0.1MW gdp38.13443.22a
18930.76MW gdp38.49043.01a
18940.58MW gdp38.85940.72a
1895-1.09MW gdp39.22139.44a
1896-0.94MW gdp39.59937.87a
18971.24MW gdp39.98736.14a
18980.82MW gdp40.38134.71a
18992.36MW gdp40.77432.58a
19004.09MW gdp41.15530.17a
1901-1.38MW gdp41.53833.10a
1902-1.04MW gdp41.89335.85a
1903-0.25MW gdp42.24737.94a
1904-1.1MW gdp42.61137.69a
19050.48MW gdp42.98136.16a
19061.4MW gdp43.36134.41a
19071.58MW gdp43.73832.43a
1908-0.74MW gdp44.12433.35a
1909-0.35MW gdp44.52032.41a
19101.44MW gdp44.91631.68a
19110.58MW gdp42.19029.26a
19122.61MW gdp42.37427.40a
1913-0.17MW gdp42.58225.86a
1914-0.8MW gdp42.95725.36a
191514.36MW gdp41.36236.77a
191614.76MW gdp40.53662.10a
191724.35MW gdp39.78194.98a
191816.79MW gdp39.582117.44a
191915.24MW gdp42.944138.66a
192016.64MW gdp43.646131.85a
1921-8.17MW gdp43.904155.36a
1922-14.46MW gdp44.332172.85a
1923-7.53MW gdp44.563183.27a
1924-2.09MW gdp44.886176.24a
1925-0.26MW gdp45.040169.72a
1926-0.42MW gdp45.218175.04a
1927-1.94MW gdp45.432165.44a
1928-0.89MW gdp45.622164.85a
1929-0.84MW gdp45.731160.99a
1930-0.84MW gdp45.889162.99a
1931-1.83MW gdp46.074172.97a
1932-2.24MW gdp46.335177.31a
1933-1.39MW gdp46.520179.11a
1934-0.87MW gdp46.666174.41a
19350.79MW gdp46.869166.45a
19360.89MW gdp47.081157.44a
19373.46MW gdp47.289147.22a
19382.36MW gdp47.494146.93a
19392.88MW gdp47.548139.29a
194011.13MW gdp46.029111.52a
194111.47MW gdp44.870121.79a
19427.49MW gdp44.323140.20a
19434.44MW gdp48.262160.23a
19445.01MW gdp48.460186.84a
19451.63MW gdp48.669221.57a
19462.81MW gdp48.988244.25a
19479.08MW gdp49.539245.69a
19486.3MW gdp50.033224.25a
19493.18MW gdp50.331206.83a
19501.34MW gdp50.382202.58a
19518.55MW gdp50.287181.30a
19527.1MW gdp50.429166.73a
19531.83MW gdp50.593156.23a
19541.13MW gdp50.765151.13a
19554.92MW gdp50.946140.57a
19567.04MW gdp51.184129.80a
19574.08MW gdp51.430122.24a
19583.71MW gdp51.653117.33a
19590.76MW gdp51.956112.30a
19601.11MW gdp52.373105.89a
19613.88MW gdp52.807101.24a
19623.65MW gdp53.29298.12a
19631.55MW gdp53.62596.00a
19643.79MW gdp53.99188.79a
19656.06MW gdp54.35082.66a
19665.42MW gdp54.64379.56a
19673.05MW gdp54.95976.73a
19684.44MW gdp55.21474.64a
19696.76MW gdp55.46168.26a
19709.9MW gdp55.63259.01a
19718.57MW gdp55.92853.18a
19727.9MW gdp56.09750.80a
19739.37MW gdp56.22345.12a
197415.8MW gdp56.23643.68a
197525.7MW gdp56.22645.29a
197616MW gdp56.21647.26a
197714.17MW gdp56.19046.11a
197812.32MW gdp56.17842.75a
197914.97MW gdp56.24040.14a
198019.7MW gdp56.33037.82a
198112.31MW gdp56.35839.26a
19828.16MW gdp56.29139.22a
19835.78MW gdp56.31637.74a
19845.33MW gdp56.40938.03a
19855.62MW gdp56.55437.88a
19864.62MW gdp56.68436.38a
19875.69MW gdp56.80433.82a
19886.25MW gdp56.91630.13a
19898.03MW gdp57.07725.01a
19908.12MW gdp57.23822.71a
19916.56MW gdp57.43921.42a
19923.16MW gdp57.58522.69a
19932.79MW gdp57.71426.25a
19941.4MW gdp57.86230.86a
19952.5MW gdp58.02534.11a
19964.22MW gdp58.16435.50a
1997-0.07MW gdp58.31436.46a
19981.07MW gdp58.47536.14a
19990.97MW gdp58.68434.92a
20001.89MW gdp58.88632.24a
20011.15MW gdp59.11328.29a
20022.15MW gdp59.36627.84a
20032.45MW gdp59.63729.39a
20042.59MW gdp59.95030.70a
20052.78MW gdp60.41333.09a
20062.88MW gdp60.82733.96a
20072.76MW gdp61.31934.62a
20083.07MW gdp61.82435.69a
2009-0.261584.562.26149.68a
20101.321561.962.76065.81a
20111.721630.763.28571.67a
20121.791672.563.70575.41a
20131.761727.564.10679.09a
20142.131803.164.59781.03a
20151.141879.865.11082.61a
20160.811937.665.64882.56a
20172.12021.766.04084.98a
20181.72102.366.43683.59a
20191.822176.766.79781.63a

Legend:
a - actual outturn

Data Sources for 1692:
GDP: data from measuringworth.com (but now unsupported)
Spending: B.R. Mitchell, British Historical Statistics
Debt: B.R. Mitchell, British Historical Statistics

Data Sources for 2019:
GDP: OBR EFO supp. economy tables
Spending: HM Treasury PESA
Debt: OBR Public Finances Databank

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Make your own CUSTOM CHART.

Spending Data Sources

Expenditure data since 1983 comes from HM Treasury’s Public Expenditure Statistical Analysis reports.

Detailed table of spending data sources here.

Gross Domestic Product data comes from measuringworth.com.

Central government spending data begins in 1692.

Local authority spending data begins in 1868.

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Data Sources for 1692_2019:

Sources for 1692:

GDP: data from measuringworth.com (but now unsupported)
Spending: B.R. Mitchell, British Historical Statistics
Debt: B.R. Mitchell, British Historical Statistics

Sources for 2019:

GDP: OBR EFO supp. economy tables
Spending: HM Treasury PESA
Debt: OBR Public Finances Databank

> spending data sources for other years

On March 16, 2024 we updated UK revenue forecast data for 2023-24 to 2026-27 from the Office of Budget Responsibility's March 2024 Economic and fiscal outlook report  in a zip file labeled "March 2024 Economic and fiscal outlook - charts and tables (zip file)" and a spreadsheet file named "Annex_A_charts_and_tables_March_2024.xlsx" and Table A.5: Current Receipts in tab "TA.5".

UK Government Revenue Forecast
2022-23 ForecastMarch 2023
£ billion
March 2024
£ billion
Central Government£951.9£987.4
Local Authorities£68.1£670.6
Total UK Revenue£1,020.0£1,058.0

On March 16, 2024 we updated UK deficit forecast data for 2023-24 to 2028-29 from the Office of Budget Responsibility's March 2024 Economic and fiscal outlook report Table 6.5 Components of Net Borrowing in tab "6.5" in a zip file labeled "March 2024 Economic and fiscal outlook - detailed forecast tables (zip file)" and a spreadsheet file named "Detailed_forecast_tables_Aggregates_March_2024.xlsx".

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