HL Deb 01 April 1996 vol 571 cc14-5WA
Lord Lawson of Blaby

asked Her Majesty's Government:

Whether for each year from 1950 to 1995 inclusive they will state the public sector debt as a percentage of GDP.

Lord Mackay of Ardbrecknish

The information requested is shown in the table. Figures for public sector debt are available only from 1970.

Net Public Sector Debt as a Percentage of GDP
1970 79.1
1971 73.0
1972 68.0
1973 61.2
1974 60.5
1975 56.7
1976 57.9
1977 56.4
1978 52.9
1979 49.6
1980 45.5
1981 47.1
1982 47.0
1983 45.8
1984 46.5
1985 46.8
1986 44.9
1987 42.6
1988 38.0
1989 31.6

Net Public Sector Debt as a Percentage of GDP
1990 28.0
1991 27.2
1992 28.4
1993 33.0
1994 38.2
1995 41¾

Note:

Debt figures are for end March. GDP figures are for year centred on end-March.