Latest data on net borrowing and net debt.Jump to full report >>
The OBR expect net debt to fall, as a % of GDP, in each year of this Parliament. The fiscal watchdog expects debt to fall from over 80% of GDP in 2015/16 to around 71% by 2020/21.
The OBR’s forecasts from November 2015 include the ONS’s decision to reclassify housing associations from the private sector to the public sector. The ONS will backdate the reclassification to actual figures early in 2016. Until this is done forecasts shown here are not comparable to past actual figures.
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