UK public spending on public sector debt interest by year
Interest paid on public sector debt, as HM Treasury records it in PESA.
£130.3 billion
4.2%
HM Treasury's Public Expenditure Statistical Analyses (PESA) put public spending on public sector debt interest at £130.3 billion in 2025-26. In 2024-25 it was £126.5 billion, so the cash figure changed by +3.0%. Adjusted to 2025-26 prices, it was £58.3 billion in 2003-04 and £130.3 billion in 2025-26. As a share of GDP it was 4.2% in 2025-26; the highest share in the table is 4.9% in 2022-23.
Spending by year
| Year | Cash | Change on previous year | Real terms (2025-26 prices) | Share of GDP |
|---|---|---|---|---|
| 2025-26 | £130.3 billion | +3.0% | £130.3 billion | 4.2% |
| 2024-25 | £126.5 billion | -0.6% | £130.9 billion | 4.3% |
| 2023-24 | £127.3 billion | -2.4% | £137.0 billion | 4.6% |
| 2022-23 | £130.4 billion | +79.4% | £147.7 billion | 4.9% |
| 2021-22 | £72.7 billion | +71.9% | £88.2 billion | 3.0% |
| 2020-21 | £42.3 billion | -23.4% | £51.4 billion | 2.0% |
| 2019-20 | £55.2 billion | -2.0% | £70.6 billion | 2.4% |
| 2018-19 | £56.3 billion | -8.6% | £74.0 billion | 2.6% |
| 2017-18 | £61.6 billion | +8.3% | £82.7 billion | 2.9% |
| 2016-17 | £56.9 billion | +3.6% | £77.3 billion | 2.8% |
| 2015-16 | £54.9 billion | +2.2% | £76.1 billion | 2.8% |
| 2014-15 | £53.7 billion | -3.9% | £75.0 billion | 2.8% |
| 2013-14 | £55.9 billion | – | £79.2 billion | 3.1% |
| 2012-13 | £55.9 billion | -7.0% | £80.9 billion | 3.2% |
| 2011-12 | £60.1 billion | +4.9% | £88.4 billion | 3.6% |
| 2010-11 | £57.3 billion | +29.3% | £86.2 billion | 3.5% |
| 2009-10 | £44.3 billion | -9.6% | £67.7 billion | 2.8% |
| 2008-09 | £49.0 billion | +5.6% | £75.9 billion | 3.1% |
| 2007-08 | £46.4 billion | +8.9% | £74.5 billion | 3.0% |
| 2006-07 | £42.6 billion | +9.2% | £69.8 billion | 2.9% |
| 2005-06 | £39.0 billion | +7.1% | £65.8 billion | 2.7% |
| 2004-05 | £36.4 billion | +11.3% | £63.1 billion | 2.7% |
| 2003-04 | £32.7 billion | £58.3 billion | 2.6% |
PESA 2026 Tables 4.2, 4.3 and 4.4, line "of which: public sector debt interest". About these figures · CSV
Related figures
Sources and receipts
- Public Expenditure Statistical Analyses 2026, Chapter 4 tables, HM Treasury.
File: PESA_2026_CP_Chapter_4_tables.xlsx. Read 2026-10-15. SHA-256
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