HC Deb 17 April 1978 vol 948 c57W
Mr. Lawson

asked the Chancellor of the Exchequer if he will publish estimates of the public sector borrowing requirement

Public sector borrowing requirement: Public sector financial deficit:
As percentage of GNP As percentage of GDP As percentage of GNP As percentage of GDP
Calendar years At factor cost At market prices At factor cost At market prices At factor cost At market prices At factor cost At market prices
1963 … 3.1 2.7 3.1 2.8 3.0 2.7 3.1 2.7
1964 … 3.3 3.0 3.4 3.0 3.2 2.8 3.2 2.9
1965 … 3.8 3.3 3.9 3.4 2.5 2.2 2.6 2.2
1966 … 2.9 2.5 2.9 2.5 2.6 2.2 2.6 2.3
1967 … 5.3 4.6 5.3 4.6 4.2 3.6 4.2 3.7
1968 … 3.4 3.0 3.4 3.0 2.7 2.4 2.8 2.4
1969 … -1.1* -1.0* -1.1 -1.0* -1.1* -0.9* -1.1* -0.9*
1970 … -0.0* -0.0* -0.0* -0.0* -1.7* -1.4* -1.7* -1.5*
1971 … 2.7 2.4 2.8 2.4 0.9 0.7 0.9 0.7
1972 … 3.7 3.2 3.7 3.2 2.9 2.5 2.9 2.5
1973 … 6.5 5.7 6.6 5.8 4.0 3.6 4.1 3.6
1974 … 8.5 7.6 8.7 7.8 6.5 5.9 6.7 6.0
1975 … 11.2 10.1 11.3 10.2 8.4 7.6 8.5 7.7
1976 … 8.5 7.6 8.6 7.7 7.6 6.8 7.7 6.9
1977 … 4.6 4.1 4.7 4.1 4.6 4.1 4.7 4.1
Financial years
1963–64 … 3.9 3.4 3.9 3.5 3.9 3.4 3.9 3.5
1964–65 … 2.9 2.6 3.0 2.6 2.7 2.4 2.8 2.4
1965–66 … 3.1 2.7 3.1 2.8 2.0 1.8 2.0 1.8
1966–67 … 3.6 3.1 3.6 3.2 3.0 2.6 3.0 2.6
1967–68 … 5.5 4.8 5.6 4.9 4.7 4.1 4.7 4.1
1968–69 … 1.2 1.0 1.2 1.1 1.3 1.1 1.3 1.1
1969–70 … -1.3* -1.1* -1.3* -1.1* -1.9* -1.6* -1.9* -1.6*
1970–71 … 1.8 1.5 1.8 1.5 -1.5* -0.5* -0.5* -0.5*
1971–72 … 2.0 1.7 2.0 1.7 1.3 1.1 1.3 1.2
1972–73 … 4.3 3.8 4.4 3.8 3.4 3.0 3.4 3.0
1973–74 … 6.7 6.0 6.9 6.1 5.2 4.6 5.3 4.7
1974–75 … 10.0 9.0 10.1 9.1 7.6 6.8 7.7 6.9
1975–76 … 10.8 9.7 10.9 9.7 8.4 7.5 8.5 7.6
1976–77 … 7.7 6.9 7.8 7.0 6.6 5.9 6.7 6.0
* In these years the public sector made net repayments of debt or was in financial surplus.
Source: Financial Statistics and unpublished data consistent with National Income and Expenditure press notice issued on 7th April 1978.