UK Public Sector Net Debt 1974 to 2024

UK Public Sector Net Debt 1974 to 2024

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Net debt is the total amount that the public sector owes – it is largely the stock of past borrowing.

At the end of January 2019 public sector net debt was equivalent to 82.6% of GDP which is lower than at the end of January 2018, when the debt-to-GDP ratio was 83.4%. The OBR forecast that net debt will decrease to around 74% of GDP by the end of 2023/24.

Read Full News Story » UK Economic Indicators January 2019