United Kingdom: Budget balance forecast

(measure: percent; Source: International Monetary Fund)
* indicates monthly or quarterly data series

United Kingdom: Budget balance forecast, percent of GDP, 1981 - 2026:

For that indicator, we provide data for the United Kingdom from 1981 to 2026. The average value for the United Kingdom during that period was -3.16 percent with a minimum of -8.64 percent in 2009 and a maximum of 1.38 percent in 2020. The latest value from 2026 is -3.08 percent. For comparison, the world average in 2026 based on 80 countries is -1.91 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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Definition: The structural budget balance refers to the general government cyclically adjusted balance adjusted for nonstructural elements beyond the economic cycle. These include temporary financial sector and asset price movements as well as one-off, or temporary, revenue or expenditure items. The cyclically adjusted balance is the fiscal balance adjusted for the effects of the economic cycle. The series includes actual historical values for past years and forecast values for the current and the next few years.
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