🇬🇧
United Kingdom Fiscal Balance
-6.1% GDPas of 2024
United Kingdom's fiscal balance stands at -6.1% GDP as of 2024. The indicator has decreased from -5.5% in 2014 to -6.1% in 2024. Source: IMF WEO.
Historical trend (2014–2024)
Fiscal Balance — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | -5.5% GDP | — |
| 2015 | -4.5% GDP | +1.0pp |
| 2016 | -3.3% GDP | +1.2pp |
| 2017 | -2.5% GDP | +0.8pp |
| 2018 | -2.2% GDP | +0.3pp |
| 2019 | -2.4% GDP | -0.2pp |
| 2020 | -12.9% GDP | -10.5pp |
| 2021 | -7.5% GDP | +5.4pp |
| 2022 | -4.6% GDP | +2.9pp |
| 2023 | -6% GDP | -1.4pp |
| 2024 | -6.1% GDP | -0.1pp |
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.