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King's Lynn & West Norfolk council debt

District council, England. Latest figures: Jun 2026.

Total debt
£42.0m
£42,000,000
Debt per person
£268
156,943 residents
Net debt
£36.7m
after £5.3m of investments
Change in a year
+3.9%
+£1.5m since Mar 2025
Debt to budget
0.9×
times net current spending, 2025-26
Local economy
£27,169
GDP per person; debt is 1.0% of the area's £4.26bn GDP
Debt cost
£14
per person: £2.1m of interest and repayment in 2025-26 (£2.1m interest)

King's Lynn & West Norfolk has the 94th highest debt per person of 164 district councils in the UK (Jun 2026).

King's Lynn & West Norfolk debt over time

£0£10.5m£21.0m£31.5m£42.0mJun 202620102012201420162018202020222024

Outstanding borrowing at each date, Mar 2010 to Jun 2026.

What King's Lynn & West Norfolk spent capital money on

Councils borrow to pay for capital spending: buildings, roads, housing, loans to their own companies, commercial property. Capital spending by service in each financial year, and how much of it was paid for by new borrowing, 2018-19 to 2024-25.

2018-19£29.9m · borrowed £901k2019-20£29.9m · borrowed £219k2020-21£15.2m · borrowed £2.5m2021-22£24.0m · borrowed £4.1m2022-23£25.3m · borrowed £9.3m2023-24£36.5m · borrowed £15.6m2024-25£39.7m · borrowed £20.4m
Commercial property and companiesHousingCulture, leisure and sportEnvironment and wasteRoads and transportOther trading servicesPlanning and regenerationCentral services and corporate propertyDigitalSchools and education
YearCapital spendingBorrowedBiggest items
2024-25£39.7m£20.4mCommercial property and companies £26.7m, Culture, leisure and sport £6.2m, Housing £5.6m
2023-24£36.5m£15.6mCommercial property and companies £19.7m, Roads and transport £8.5m, Housing £4.0m
2022-23£25.3m£9.3mCommercial property and companies £13.0m, Other trading services £5.7m, Housing £2.3m
2021-22£24.0m£4.1mCommercial property and companies £12.6m, Environment and waste £6.6m, Housing £2.5m
2020-21£15.2m£2.5mCommercial property and companies £9.5m, Housing £2.2m, Environment and waste £2.0m
2019-20£29.9m£219kCommercial property and companies £23.7m, Housing £4.7m, Culture, leisure and sport £503k
2018-19£29.9m£901kCommercial property and companies £22.6m, Planning and regeneration £3.5m, Housing £2.0m

"Borrowed" is new borrowing and credit used to finance that year's spending; it can exceed the spending when a council borrows to cover earlier costs or, with government permission, day-to-day losses. Source: MHCLG capital outturn (England, from 2018-19); StatsWales capital outturn (Wales). Not yet available for Scotland and Northern Ireland.

Who King's Lynn & West Norfolk borrows from

LenderAmountShare
Public Works Loan Board (PWLB)the government's lending facility for councils, run by the UK Debt Management Office; most council borrowing comes from it£28.0m67%
Other councilsloans from other local authorities, usually short term£14.0m33%

Outstanding loans by type of lender as reported by the council to MHCLG, short and long term together, as at Jun 2026. The return groups lenders by sector, not by name.

King's Lynn & West Norfolk debt by year

DateDebtInvestmentsNet debtPer personPopulationDebt cost
Jun 2026£42.0m£5.3m£36.7m£268156,943£2.1m
Mar 2026£40.0m£8.5m£31.5m£255156,943£2.1m
Dec 2025£35.0m£13.5m£21.5m£223156,943£1.4m
Sep 2025£35.0m£17.0m£18.0m£223156,943£1.4m
Jun 2025£30.0m£10.2m£19.8m£192156,192£1.4m
Mar 2025£38.5m£17.0m£21.5m£246156,192£1.4m
Dec 2024£16.5m£9.9m£6.5m£106156,192£25k
Sep 2024£10.0m£14.9m£0£64156,192£25k
Jun 2024£10.0m£16.7m£0£64156,240£25k
Mar 2024£10.0m£7.5m£2.5m£64156,240£25k
Dec 2023£10.0m£16.3m£0£64156,240£402k
Sep 2023£10.0m£18.0m£0£64156,240£402k
Jun 2023£10.0m£16.4m£0£64155,678£402k
Mar 2023£10.0m£27.0m£0£64155,678£402k
Dec 2022£10.0m£29.0m£0£64155,678£779k
Sep 2022£10.0m£30.2m£0£64155,678£779k
Jun 2022£10.0m£27.4m£0£65154,920£779k
Mar 2022£10.0m£34.6m£0£65154,920£779k
Dec 2021£10.0m£42.1m£0£65154,920£774k
Sep 2021£10.0m£35.5m£0£65154,920£774k
Jun 2021£10.0m£29.9m£0£65153,023£774k
Mar 2021£10.0m£27.2m£0£65153,023£774k
Dec 2020£10.0m£26.5m£0£65153,023£1.7m
Sep 2020£13.0m£23.0m£0£85153,023£1.7m
Jun 2020£13.0m£18.4m£0£85153,332£1.7m
Mar 2020£13.0m£18.8m£0£85153,332£1.7m
Mar 2019£13.1m£15.3m£0£85153,451£1.7m
Mar 2018£13.8m£15.3m£0£90153,666£1.7m
Mar 2017£13.0m£27.3m£0£85152,867–
Mar 2016£17.2m£28.3m£0£113151,863–
Mar 2015£13.4m£26.7m£0£89150,742–
Mar 2014£16.6m£31.3m£0£111149,722–
Mar 2013£17.7m£27.2m£0£119148,938–
Mar 2012£17.6m£25.7m£0£119147,936–
Mar 2011£15.4m£26.6m£0£105147,134–
Mar 2010£20.9m£26.9m£0£143146,428–

Similar councils

CouncilDebtPer person
Wyre Forest£30.3m£291
Elmbridge£41.3m£290
East Hertfordshire£43.0m£272
King's Lynn & West Norfolk£42.0m£268
East Suffolk£63.1m£252
West Lindsey£24.0m£241
North Devon£22.5m£222

District councils closest in debt per person, Jun 2026.

See King's Lynn & West Norfolk on the UK council debt map