Economic and Fiscal Outlook, 2021-03

public sector net borrowing in 2019-20: 2.566 % of GDP

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public sector net borrowing in 2020-21: 16.914 % of GDP

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public sector net borrowing in 2021-22: 10.331 % of GDP

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public sector net borrowing in 2022-23: 4.502 % of GDP

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public sector net borrowing in 2023-24: 3.47 % of GDP

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public sector net borrowing in 2024-25: 2.917 % of GDP

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public sector net borrowing in 2025-26: 2.778 % of GDP

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public sector net borrowing in 2019-20: 57.077 £ billion

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public sector net borrowing in 2020-21: 354.63 £ billion

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public sector net borrowing in 2021-22: 233.934 £ billion

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public sector net borrowing in 2022-23: 106.92 £ billion

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public sector net borrowing in 2023-24: 85.341 £ billion

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public sector net borrowing in 2024-25: 74.439 £ billion

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public sector net borrowing in 2025-26: 73.678 £ billion

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CPI inflation in 2020: 0.85 % (percentage change on a year earlier)

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real GDP growth in 2020: -9.92 %

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CPI inflation in 2021: 1.507 % (percentage change on a year earlier)

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real GDP growth in 2021: 4.038 %

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CPI inflation in 2022: 1.793 % (percentage change on a year earlier)

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real GDP growth in 2022: 7.281 %

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CPI inflation in 2023: 1.89 % (percentage change on a year earlier)

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real GDP growth in 2023: 1.735 %

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CPI inflation in 2024: 1.929 % (percentage change on a year earlier)

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real GDP growth in 2024: 1.57 %

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CPI inflation in 2025: 2 % (percentage change on a year earlier)

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real GDP growth in 2025: 1.741 %

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