Economic and Fiscal Outlook, 2022-11

public sector net borrowing in 2021-22: 5.689 % of GDP

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public sector net borrowing in 2022-23: 7.09 % of GDP

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public sector net borrowing in 2023-24: 5.509 % of GDP

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public sector net borrowing in 2024-25: 3.209 % of GDP

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public sector net borrowing in 2025-26: 2.835 % of GDP

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public sector net borrowing in 2026-27: 2.853 % of GDP

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public sector net borrowing in 2027-28: 2.364 % of GDP

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public sector net borrowing in 2021-22: 133.272 £ billion

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public sector net borrowing in 2022-23: 177.034 £ billion

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public sector net borrowing in 2023-24: 140.028 £ billion

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public sector net borrowing in 2024-25: 84.327 £ billion

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public sector net borrowing in 2025-26: 76.915 £ billion

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public sector net borrowing in 2026-27: 80.345 £ billion

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public sector net borrowing in 2027-28: 69.198 £ billion

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CPI inflation in 2021: 2.588 % (percentage change on a year earlier)

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real GDP growth in 2021: 7.525 %

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CPI inflation in 2022: 9.149 % (percentage change on a year earlier)

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real GDP growth in 2022: 4.215 %

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CPI inflation in 2023: 7.356 % (percentage change on a year earlier)

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real GDP growth in 2023: -1.428 %

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CPI inflation in 2024: 0.628 % (percentage change on a year earlier)

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real GDP growth in 2024: 1.307 %

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CPI inflation in 2025: -0.775 % (percentage change on a year earlier)

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real GDP growth in 2025: 2.639 %

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CPI inflation in 2026: 0.173 % (percentage change on a year earlier)

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real GDP growth in 2026: 2.654 %

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CPI inflation in 2027: 1.716 % (percentage change on a year earlier)

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real GDP growth in 2027: 2.235 %

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