Public Sector Borrowing Requirement (Hansard, 15 November 1982)

HC Deb 15 November 1982 vol 32 c11W 11W

§ Mr. Chapman
asked the Chancellor of the Exchequer if he will list the actual public sector borrowing requirement for each of the financial years from 1972–73 to 1981–82, giving, in each case, the figure as a percentage of that year's gross domestic product.

§ Mr. Brittan
The information is as follows:

Public sector borrowing requirement

£ million Percentage of gross domestic product^*

1972–73 2,533 3.8

1973–74 4,459 6.0

1974–75 7,999 9.1

1975–76 10,639 9.6

1976–77 8,524 6.6

1977–78 5,594 3.7

1978–79 9,231 5.4

1979–80 9,912 4.9

1980–81 13,194 5.7

1981–82 8,753 3.4

^* Percentage of GDP(E) at current market prices.

Public sector borrowing requirement
	£ million	Percentage of gross domestic product^*
1972–73	2,533	3.8
1973–74	4,459	6.0
1974–75	7,999	9.1
1975–76	10,639	9.6
1976–77	8,524	6.6
1977–78	5,594	3.7
1978–79	9,231	5.4
1979–80	9,912	4.9
1980–81	13,194	5.7
1981–82	8,753	3.4