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OBR · Year ending March 2016 to Year ending March 2025 · per cent of GDP

Borrowing forecasts, per cent of GDP

Borrowing forecasts, per cent of GDP: Year ending March 2016 to Year ending March 2025ConservativeConservativeConservativeConservativeConservativeLabour0%5%10%20162018202020222024Year ending March 2016: 4.2% per cent of GDP · published 26 March 2026Year ending March 2017: 2.8% per cent of GDP · published 26 March 2026Year ending March 2018: 2.8% per cent of GDP · published 26 March 2026Year ending March 2019: 2% per cent of GDP · published 26 March 2026Year ending March 2020: 2.6% per cent of GDP · published 26 March 2026Year ending March 2021: 14.7% per cent of GDP · published 26 March 2026Year ending March 2022: 5% per cent of GDP · published 26 March 2026Year ending March 2023: 4.8% per cent of GDP · published 26 March 2026Year ending March 2024: 4.8% per cent of GDP · published 26 March 2026Year ending March 2025: 5.2% per cent of GDP · published 26 March 2026
Published valueProvisional or revisedLatestShaded bands: governments (see labels)Hover or use arrow keys to read a value

Source: OBR, Historical official forecasts database, Historical official forecasts database, March 2026 (published 26 March 2026). Data presentation: Civometry.

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