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OBR · Year ending March 1977 to Year ending March 2025 · per cent of GDP

Borrowing forecasts, per cent of GDP

Borrowing forecasts, per cent of GDP: Year ending March 1977 to Year ending March 2025ConservativeConservativeConservativeConservativeLabourLabourLabourLabourCoalitionConservativeConservativeConservativeLabour0%5%10%19801990200020102020Year ending March 1977: 4.9% per cent of GDP · published 26 March 2026Year ending March 1978: 3.9% per cent of GDP · published 26 March 2026Year ending March 1979: 4.5% per cent of GDP · published 26 March 2026Year ending March 1980: 3.7% per cent of GDP · published 26 March 2026Year ending March 1981: 4.3% per cent of GDP · published 26 March 2026Year ending March 1982: 2% per cent of GDP · published 26 March 2026Year ending March 1983: 2.6% per cent of GDP · published 26 March 2026Year ending March 1984: 3.3% per cent of GDP · published 26 March 2026Year ending March 1985: 3.2% per cent of GDP · published 26 March 2026Year ending March 1986: 2.1% per cent of GDP · published 26 March 2026Year ending March 1987: 1.9% per cent of GDP · published 26 March 2026Year ending March 1988: 1% per cent of GDP · published 26 March 2026Year ending March 1989: -1% per cent of GDP · published 26 March 2026Year ending March 1990: 0% per cent of GDP · published 26 March 2026Year ending March 1991: 1.1% per cent of GDP · published 26 March 2026Year ending March 1992: 3.3% per cent of GDP · published 26 March 2026Year ending March 1993: 6.3% per cent of GDP · published 26 March 2026Year ending March 1994: 6.6% per cent of GDP · published 26 March 2026Year ending March 1995: 5.3% per cent of GDP · published 26 March 2026Year ending March 1996: 4.1% per cent of GDP · published 26 March 2026Year ending March 1997: 3.1% per cent of GDP · published 26 March 2026Year ending March 1998: 1.1% per cent of GDP · published 26 March 2026Year ending March 1999: 0% per cent of GDP · published 26 March 2026Year ending March 2000: -1.1% per cent of GDP · published 26 March 2026Year ending March 2001: -1.5% per cent of GDP · published 26 March 2026Year ending March 2002: 0.5% per cent of GDP · published 26 March 2026Year ending March 2003: 2.9% per cent of GDP · published 26 March 2026Year ending March 2004: 3.4% per cent of GDP · published 26 March 2026Year ending March 2005: 3.8% per cent of GDP · published 26 March 2026Year ending March 2006: 3.2% per cent of GDP · published 26 March 2026Year ending March 2007: 2.7% per cent of GDP · published 26 March 2026Year ending March 2008: 2.9% per cent of GDP · published 26 March 2026Year ending March 2009: 7.3% per cent of GDP · published 26 March 2026Year ending March 2010: 10.2% per cent of GDP · published 26 March 2026Year ending March 2011: 8.7% per cent of GDP · published 26 March 2026Year ending March 2012: 7.3% per cent of GDP · published 26 March 2026Year ending March 2013: 7.1% per cent of GDP · published 26 March 2026Year ending March 2014: 5.7% per cent of GDP · published 26 March 2026Year ending March 2015: 5.2% per cent of GDP · published 26 March 2026Year 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
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Source: OBR, Historical official forecasts database, Historical official forecasts database, March 2026 (published 26 March 2026). Data presentation: Civometry.

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