• Debt as GDP UK 2021

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Public sector net borrowing amounted to 97.5 percent of gross domestic product in the United Kingdom in February 2021, 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 to 2021

	Debt as a percentage of GDP
February 2021	97.5%
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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Release date

March 2021

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Region

United Kingdom

Survey time period

1920 to 2021

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