National debt: latest evidence and sources
UK public sector net debt excluding public sector banks
£2,989,900,000,000
ONS monthly observation for June 2026. Equivalent to 94.9% of GDP in the matching release.
Published 21 July 2026. This is a dated stock, not a real-time counter.
What changed?
Latest official stock; no movement inferred from one observation
The latest verified observation is £2,989,900,000,000 for June 2026, or 94.9% of GDP. public-data.org does not project the stock between releases or claim a monthly change without a matched comparison series.
- Annual change in debt stock
- +£122.3bn
- Annual change in debt-to-GDP
- +0.4 percentage points
Public sector net debt: ten-year direction
End-month ONS debt stock excluding public sector banks. Values are dated observations, not a live counter.
2016 JUL to 2026 JUN
Latest published values for 2026 JUN: Debt stock: £2989.9bn
Debt relative to GDP
The matching ONS debt-to-GDP series places the stock against the size of the economy on the same publication basis.
2016 JUL to 2026 JUN
Latest published values for 2026 JUN: Debt-to-GDP: 94.9%
Why it matters
Debt records the accumulated stock of past borrowing after financial assets are netted off. The level and its ratio to GDP help describe the scale of public liabilities, but do not alone show whether today's fiscal policy is sustainable.
Explain this number
Definition
Public sector net debt excluding public sector banks, ONS series HF6W. The matching GDP ratio is series HF6X.
Unit and geography
Pounds and percentage of GDP · United Kingdom
How to interpret it
The cash figure is the debt stock at the end of the stated month. The percentage places that stock against the size of the economy on the ONS basis used in the same release.
Important caveat
Public-sector-finance estimates can be revised as source data and classifications are updated. Other debt measures use different coverage and are not interchangeable.
Source and date
ONS HF6W public sector net debt series · Published 21 July 2026 · observation period June 2026