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Written question asked by Lord McCrea of Magherafelt and Cookstown (Democratic Unionist Party) on Tuesday, 16 June 2026, in the House of Lords. It was due for an answer on Tuesday, 30 June 2026. It was answered by Lord Livermore (Labour) on Monday, 22 June 2026 on behalf of the Treasury.


Public Sector Debt

Question

To ask His Majesty's Government what is the UK’s national debt as a share of GDP; and how this compares with other G7 countries.

Answer

The International Monetary Fund (IMF) publishes estimates of the UK’s General Government Gross Debt as a percentage of GDP which can be compared to other countries.

The latest IMF numbers show that, at the end of 2025, the UK’s General Government Gross Debt was 102.3% of GDP. The UK has the second lowest level of debt in the G7, 20.7 percentage points lower than the G7 average.


Secondary information

Type
Written question
Reference
HL1018
Session
2026-27
Subjects
National income Public sector debt G7
Contains statistics
Yes
Link
View this Written question on www.parliament.uk