Budget balance in the United Kingdom 2028
The budget balance in the United Kingdom was forecast to increase between 2023 and 2028 by in total 34.2 billion Pound Sterling. This overall increase does not happen continuously, notably not in 2025 and 2027. The budget balance is estimated to amount to -116.67 billion Pound Sterling in 2028.
The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Find more statistics on other topics about the United Kingdom with key insights such as average inflation rate, ratio of government expenditure to gross domestic product and total population.
The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Find more statistics on other topics about the United Kingdom with key insights such as average inflation rate, ratio of government expenditure to gross domestic product and total population.
