• Debt as GDP UK 2021

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Public sector net borrowing amounted to 97.7 percent of gross domestic product in the United Kingdom in 2020/21, the highest it has been since the early 1960s. After the end of the Second World War, government borrowing in the UK gradually fell, before a sharp increase is visible in the late 2000s at the time of the global financial crisis.

Public sector net debt expressed as a percentage of gross domestic product in the United Kingdom from 1920/21 to 2020/21

	Debt as a percentage of GDP
2020/21	97.7%
2019/20	84.4%
2018/19	80.4%
2017/18	82.1%
2016/17	82.5%
2015/16	79.8%
2014/15	80.2%
2013/14	78%
2012/13	76.2%
2011/12	72.8%
2010/11	69.2%
2009/10	62.6%
2008/09	48.7%
2007/08	34.2%
2006/07	33.4%
2005/06	32.6%
2004/05	31.8%
2003/04	29.3%
2002/03	28.1%
2001/02	26.8%
2000/01	27.2%
1999/00	31.3%
1998/99	33.9%
1997/98	35.7%
1996/97	36.9%
1995/96	39.2%
1994/95	37.5%
1993/94	33.9%
1992/93	29%
1991/92	25.2%
1990/91	24.2%
1989/90	26.2%
1988/89	29.3%
1987/88	35.6%
1986/87	40.1%
1985/86	41.7%
1984/85	44.3%
1983/84	43.6%
1982/83	43.9%
1981/82	45.3%
1980/81	45.6%
1979/80	45%
1978/79	49%
1977/78	50.8%
1976/77	54.8%
1975/76	56.5%
1974/75	55.8%
1973/74	45.2%
1972/73	46.6%
1971/72	52.7%
1970/71	54.7%
1969/70	61.1%
1968/69	69.8%
1967/68	77%
1966/67	77.8%
1965/66	80.9%
1964/65	84.3%
1963/64	90.8%
1962/63	98.3%
1961/62	99.5%
1960/61	102.5%
1959/60	107.7%
1958/59	114.4%
1957/58	118.4%
1956/57	123.9%
1955/56	132.5%
1954/55	141.2%
1953/54	153%
1952/53	158.9%
1951/52	170%
1950/51	186.3%
1949/50	205.6%
1948/49	211.4%
1947/48	227.6%
1946/47	249.1%
1945/46	244.1%
1944/45	230.9%
1943/44	198.6%
1942/43	174.8%
1941/42	156.7%
1940/41	142.4%
1939/40	135.2%
1938/39	145.9%
1937/38	152.5%
1936/37	154%
1935/36	164.1%
1934/35	172.9%
1933/34	183.9%
1932/33	187.7%
1931/32	184.1%
1930/31	176.5%
1929/30	167.5%
1928/29	166.8%
1927/28	169.6%
1926/27	172.4%
1925/26	177.8%
1924/25	175.2%
1923/24	181.6%
1922/23	185.5%
1921/22	172.7%
1920/21	150.6%

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Source

Release date

April 2021

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Region

United Kingdom

Survey time period

1920 to 2021

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