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Country or Region: United Kingdom (UK, Great Britain or the British Isles) › Change country
Economic Indicator: Total Government Gross Debt (National Currency) › See all United Kingdom indicators, › See Total Government Gross Debt (National Currency) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: United Kingdom Pound (Sterling)
Currency Symbol: GBP

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. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110). Source: National Statistical Office Latest actual data: 2009 Notes: General government variables exclude the effects of temporary effect of financial interventions. Fiscal assumptions: Fiscal projections are based on the authorities? 2011 budget announced in March 2011 and Economic and Fiscal Outlook by Office for Budget Responsibility published along with the Budget. These projections incorporate the announced medium-term consolidation plans from 2011 onwards. The projections are adjusted for differences in forecasts of macroeconomic and financial variables. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Noncash (accrual) General government includes: Central Government;Local Government; Valuation of public debt: Nominal value Primary domesti

Total Government Gross Debt (National Currency) for United Kingdom is GBP 1,122.81 Billion.

In the previous year, 2009, Total Government Gross Debt (National Currency) for United Kingdom was GBP 953.25 Billion Total Government Gross Debt (National Currency) for United Kingdom in 2010 was or will be 17.79% more than it was or will be in 2009.

In the following or forecasted year, 2011, Total Government Gross Debt (National Currency) for United Kingdom was or will be GBP 1,270.44 Billion, which is 13.15% more than the 2010 figure.