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Government borrowing, debt and debt interest: statistics

Published Friday, August 19, 2016

This is a purely statistical note on public sector borrowing (the budget deficit), public sector debt and government debt interest payments.

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The charts below show public sector net borrowing, public sector net debt and debt interest payments. Outturn figures from the Office for National Statistics (ONS) and the latest Office for Budget Responsibility (OBR) forecasts are shown. 

The forecasts shown were produced by the OBR before the EU referendum result was known. The OBR's next set of forecasts will be published alongside the 2016 Autumn Statement. 

Public sector net borrowing, % of GDP

Public sector net debt, % of GDP

Government debt interest, % of GDP

Other Library briefings discuss borrowing and debt further: The budget deficit: a short guide provides some key definitions, whilst public finances discusses recent outturns and forecasts.

Borrowing and debt data are available back to the 1920s the OBR’s public finances databank. The data are in the sheet called ‘Public finances since 1920’.

 

Commons Briefing papers SN05745

Author: Matthew Keep

Topics: Economic policy, Economic situation, Public expenditure

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