| Government debt is the debt owed by a central government. Government debt is net borrowing or net lending and is calculated as the difference between the net acquisition of financial assets and the net incurrence of liabilities. |
UK Government Debt
| UK Government Debt or Public-sector borrowing decreased on a monthly basis for May 2017 by nearly 40% compared with the previous month. Results were reported at £5.99 billion, beating previous month’s values of £8.68 billion and beating expectations of £7 billion. Government Debt in the United Kingdom peaked at an all-time high point of £12.30 billion in January of 2017 and hit rock-bottom at -£20.08 billion in April of 2012. |
