Civometry

OBR · 13 December 2019 – 5 July 2024

Debt interest forecasts during the Conservative 2019–2024 government

Year ending March 2019 → Year ending March 2024 · 5 periods

↑ 66.0%+£33.1bn £ billion

Debt interest forecasts rose by 66.0% over the period, from £50.1bn £ billion (Year ending March 2019, the level when the government took office) to £83.2bn (Year ending March 2024, the last complete period before it left office).

  1. Inherited level Year ending March 2019: £50.1bn
  2. Level when it left Year ending March 2024: £83.2bn
  3. method: latest complete period before start / before end

Changes during this period do not by themselves show what the government caused. Statistics reflect many influences, including earlier decisions, the economy and how the data is collected.

Debt interest forecasts: Year ending March 2011 to Year ending March 2025CoalitionCoalitionConservativeConservativeConservativeConservativeConservativeLabour050100201520202025Year ending March 2011: £48.7bn £ billion · published 26 March 2026Year ending March 2012: £52.2bn £ billion · published 26 March 2026Year ending March 2013: £50.7bn £ billion · published 26 March 2026Year ending March 2014: £50.4bn £ billion · published 26 March 2026Year ending March 2015: £46.6bn £ billion · published 26 March 2026Year ending March 2016: £46.4bn £ billion · published 26 March 2026Year ending March 2017: £49.9bn £ billion · published 26 March 2026Year ending March 2018: £56.2bn £ billion · published 26 March 2026Year ending March 2019: £50.1bn £ billion · published 26 March 2026Year ending March 2020: £50.3bn £ billion · published 26 March 2026Year ending March 2021: £41bn £ billion · published 26 March 2026Year ending March 2022: £70.9bn £ billion · published 26 March 2026Year ending March 2023: £108.1bn £ billion · published 26 March 2026Year ending March 2024: £83.2bn £ billion · published 26 March 2026Year ending March 2025: £85.4bn £ billion · published 26 March 2026
Published valueProvisional or revisedLatestShaded bands: governments (see labels)Hover or use arrow keys to read a value

Definition and caveats

Central government gross debt interest in cash terms: the outturn as the OBR last knew it, with every official forecast for the same year.

Doesn’t measure: Net interest after the Bank of England's Asset Purchase Facility, or interest as a share of receipts.