24Peaks / Europe / United Kingdom / Government Total Liabilities (% of GDP)

United Kingdom - Government Total Liabilities (% of GDP) 137.43

IMF Government Finance Statistics · updated 2026-10-03 · 78 economies tracked

Latest value

137.43 (2024)

Global rank

#n/a of 78 economies

Share of global total

3.6%

Growth since 1995

1.35×

Ranking Race — Government Total Liabilities (% of GDP)

1 = global #1 · higher value ranks higher

#1#10#19#28#37#46#5519901995200020052010201520202025#4#62014 overtook Iceland2016 overtook Italy
United KingdomUnited StatesCanadaNew ZealandTürkiye

Real annual global ranks, 1990 - 2025. United Kingdom climbed from #4 to #6 (overtook Iceland). Gaps in a lane = missing data that year.

Key events for United Kingdom ↓

Key Events — United Kingdom

Auto-detected from rank data + curated milestones

1992
Black Wednesday curated

Pound forced out of the ERM after a failed defence of the exchange rate.

2008
Banking crisis curated

Northern Rock, RBS and Lloyds require state support.

2014
Overtook Iceland in global rank auto
2016
Overtook Italy in global rank auto
2016
Brexit referendum curated

Vote to leave the EU starts a long period of trade uncertainty.

Government Total Liabilities (% of GDP), 1995-2024

IMF Government Finance Statistics · % of GDP · linear scale · ranking in the race above
199520052015202494.25130.81167.37203.93
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