Makrognosis

United Kingdom PS: Current Budget Deficit (exc PS Banks) as a % of GDP: CPNSA ()

QuarterlyNot seasonally adjustedCode UK.GOVDEFICIT.Q.NSA.ITEM-JW2V

Latest1.5%Q1 2026
Previous2.5%Q1 2025
Year ago2.5%Q1 2025

United Kingdom PS: Current Budget Deficit (exc PS Banks) as a % of GDP: CPNSA () was 1.5% in Q1 2026, down 1.0 percentage points from Q1 2025.

That is the lowest reading since Q1 2020.

Over the past ten years it has ranged from −0.1% (Q1 2019) to 11.2% (Q1 2021), averaging 2.5%.

United Kingdom PS: Current Budget Deficit (exc PS Banks) as a % of GDP: CPNSA () (%), Q1 1956 – Q1 2026−10%−5%0%5%10%1960197019801990200020102020Robomacro
United Kingdom PS: Current Budget Deficit (exc PS Banks) as a % of GDP: CPNSA () (%), Q1 1956 – Q1 2026. Source: UK Office for National Statistics.

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
Q1 20261.5%
Q1 20252.5%
Q1 20242.3%
Q1 20232.9%
Q1 20222.8%
Q1 202111.2%
Q1 20200.7%
Q1 2019−0.1%
Q1 20180.6%
Q1 20171.0%
Q1 20162.5%
Q1 20153.2%
Q1 20144.2%
Q1 20135.2%
Q1 20125.4%
Q1 20116.2%
Q1 20107.1%
Q1 20094.2%
Q1 20081.0%
Q1 20070.9%
Q1 20061.3%
Q1 20051.8%
Q1 20041.7%
Q1 20031.4%

Last 24 observations. The full history (71 observations) is available through the API.

Get United Kingdom PS: Current Budget Deficit (exc PS Banks) as a % of GDP: CPNSA () in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/UK.GOVDEFICIT.Q.NSA.ITEM-JW2V"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/UK.GOVDEFICIT.Q.NSA.ITEM-JW2V",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ1 2026
First observationQ1 1956
Observations71
FrequencyQuarterly
Units%
AdjustmentNot seasonally adjusted
10-year high11.2% (Q1 2021)
10-year low−0.1% (Q1 2019)
10-year average2.5%
Source agencyUK Office for National Statistics
Makrognosis codeUK.GOVDEFICIT.Q.NSA.ITEM-JW2V

More United Kingdom GOVDEFICIT series

United Kingdom BoE: Current budget deficit (B.6n): £m CPNSA ()United Kingdom CG: Current Budget Deficit: £m CPNSA ()United Kingdom GG: Current budget deficit (-B8n+D91): £m CPNSA ()United Kingdom LG: Current budget deficit (B8N): £m CPNSA ()United Kingdom PC: Current budget deficit (B.6n): £m CPNSA ()United Kingdom PS: Current Budget Deficit (excluding public sector banks): £m: CPNSA ()United Kingdom PS: Current Budget Deficit (including public sector banks): £m: CPNSA ()United Kingdom PS: PS Banks: Current budget deficit (B.6n): £m CPNSA ()United Kingdom Public sector current budget deficit, excluding public sector banks (£ million) ()United Kingdom Public sector: Current budget deficit ex PS banks as % GDP (monthly & quarterly): CPNSA ()United Kingdom Public sector: Current budget deficit inc PS banks as % GDP (monthly & quarterly): CPNSA ()

Other United Kingdom indicators

United Kingdom GDP (Gross Domestic Product)United Kingdom Nominal GDP (current prices)United Kingdom Inflation Rate (CPI)United Kingdom Core Inflation RateUnited Kingdom Unemployment RateUnited Kingdom Credit Rating & Sovereign Risk ScoreUnited Kingdom Industrial ProductionUnited Kingdom Production Industries - Total (Index 1dp): CVM SAUnited Kingdom Retail SalesUnited Kingdom Producer Price Inflation (PPI)United Kingdom BoP Current Account Balance SAUnited Kingdom Trade Balance: Goods & ServicesUnited Kingdom Total Trade (TT): WW: Exports: BOP: CP: SA (goods + services)United Kingdom Total Trade: World: Exports: BOP: CVM SAUnited Kingdom Total Trade (TT): WW: Imports: BOP: CP: SA (goods + services)United Kingdom Total Trade: World: Imports: BOP: CVM SA

FAQ

What is the current pS: Current Budget Deficit (exc PS Banks) as a % of GDP: CPNSA () in United Kingdom?
The latest reading is 1.5% for Q1 2026, published by UK Office for National Statistics.
Where does this data come from?
It is collected directly from UK Office for National Statistics and is available through the Makrognosis API under the code UK.GOVDEFICIT.Q.NSA.ITEM-JW2V.

Last updated 2026-10-22. Source: UK Office for National Statistics. Original title: “PS: Current Budget Deficit (exc PS Banks) as a % of GDP: CPNSA (UK)”.