National Debt

HC Deb 28 March 1995 vol 257 cc515-6W

Mr. Malcolm Bruce

To ask the Chancellor of the Exchequer what has been the value of the national debt for each year since 1965. [16805]

Mr. Aitken

The table shows the national debt, in nominal terms and as a percentage of GDP, at the end of each financial year since 1965.

National Debt
End March	£ billion	Percentage of GDP1
1965	30.441	87.42
1966	31.341	84.31
1967	31.986	81.58
1968	34.194	81.47
1969	33.984	74.66
1970	33.079	66.85

National Debt
End March	£ billion	Percentage of GDP1
1971	33.442	60.59
1972	35.840	58.29
1973	36.885	52.05
1974	40.125	50.83
1975	45.925	46.65
1976	56.572	47.93
1977	67.166	48.54
1978	79.180	49.49
1979	86.885	46.83
1980	95.314	43.15
1981	113.036	46.23
1982	118.390	44.13
1983	127.927	43.71
1984	142.884	45.36
1985	158.029	46.11
1986	171.367	46.20
1987	185.814	45.85
1988	197.430	43.88
1989	197.320	39.66
1990	192.981	35.68
1991	198.703	35.00
1992	214.528	36.20
1993	248.781	40.11
1994	306.897	46.62
1GDP adjusted for the abolition of domestic rates, centred on end-March.