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 Library briefing Coronavirus: Economic impact discusses borrowing, debt and debt interest during the pandemic.

The Library Insight Government borrowing: Peacetime record confirmed discusses public sector net borrowing in 2020/21, a year when the coronavirus pandemic significantly pushed borrowing up.

Public sector net borrowing, % GDP

Public sector net debt, % GDP

Central 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 1900s in the accompanying spreadsheet. 

Related posts