Economic and Fiscal Outlook, 2020-11

public sector net borrowing in 2019-20: 2.527 % of GDP

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public sector net borrowing in 2020-21: 19.017 % of GDP

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public sector net borrowing in 2021-22: 7.4 % of GDP

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public sector net borrowing in 2022-23: 4.449 % of GDP

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public sector net borrowing in 2023-24: 4.113 % of GDP

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public sector net borrowing in 2024-25: 3.927 % of GDP

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public sector net borrowing in 2025-26: 3.862 % of GDP

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public sector net borrowing in 2019-20: 56.056 £ billion

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public sector net borrowing in 2020-21: 393.547 £ billion

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public sector net borrowing in 2021-22: 164.228 £ billion

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public sector net borrowing in 2022-23: 104.598 £ billion

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public sector net borrowing in 2023-24: 100.394 £ billion

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public sector net borrowing in 2024-25: 99.574 £ billion

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public sector net borrowing in 2025-26: 101.832 £ billion

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CPI inflation in 2019: 1.791 % (percentage change on a year earlier)

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real GDP growth in 2019: 1.261 %

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CPI inflation in 2020: 0.843 % (percentage change on a year earlier)

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real GDP growth in 2020: -11.313 %

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CPI inflation in 2021: 1.168 % (percentage change on a year earlier)

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real GDP growth in 2021: 5.505 %

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CPI inflation in 2022: 1.55 % (percentage change on a year earlier)

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real GDP growth in 2022: 6.601 %

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CPI inflation in 2023: 1.728 % (percentage change on a year earlier)

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real GDP growth in 2023: 2.292 %

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CPI inflation in 2024: 1.909 % (percentage change on a year earlier)

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real GDP growth in 2024: 1.678 %

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CPI inflation in 2025: 1.998 % (percentage change on a year earlier)

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real GDP growth in 2025: 1.779 %

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