×Zoomable Statistic: Select the range in the chart you want to zoom in on. Debt as a share of GDPPublic sector net debtPublic sector nebt debt (excluding Bank of England)1900/011904/051908/091912/131916/171920/211924/251928/291932/331936/371940/411944/451948/491952/531956/571960/611964/65196...
Austerity Measures:To manage rising debt interest payments, the Government may seek to implement austerity measures, such as spending cuts and tax increases. These measures will likely slow GDP growth. Many will feel the remembered pain of austerity in the wake of the Global Financial Crisis, whic...
The Covid-19 pandemic has led to levels ofUK government debtand borrowing unprecedented in the post-war era and thelatest figuresfor government debt as a share of GDP reveal another grim economic milestone has been reached. As this infographic shows, general government gross debt equalled 103.6...
Germany is also spending a far lower proportion of its GDP on servicing its debt, though.不过，德国用于偿还债务的支出占其GDP的比例也要低得多。So the challenge to the new government is how do you pay off a huge pile of debt without raising taxes or borrowing or squeezing public services ev...
This meant that by September this year, public sector net debt stood at £2,218bn - the equivalent of 95.5% of the UK’s gross domestic product (GDP). How will debts be repaid? The government furlough – or job retention scheme – came to an end in September, but now ministers face...
The paper reviews the history, discusses the theory and provides some estimates of the effect of variations in military expenditure on debt. The association tends to be quite close and the effect of the change in the share of military spending in GDP on the debt–GDP ratio is quite stable....
It is universally agreed that the UK needs to reduce its budget deficit and lower government debt to GDP ratio. Both are unsustainable and, unless corrected, will damage the economy in the long run. The debate is not about the need for fiscal adjustment, but about the timing, speed and ...
1951$40,536M3.1% 1950$36,114M1.8% 1961$1,4675.4% 1960$1,3926.5% 1959$1,308 Evolution: GDP growth rate at constant prices United Kingdom Your browser does not support charts× Evolution: GDP per capita United Kingdom Your browser does not support charts× ...
The U.K.'s Office for Budget Responsibility projects that for the fiscal year 2022/23, the underlying public debt to GDP ratio will be 83.5%, an improvement on October's forecast of 85.4%. The U.K.'s budget deficit is projected to reach 5.4% of GDP in 2021/22 before tapering off...
The Bank is in a bind because, while it acknowledges that supply-driven inflation is still likely to rise further, it knows that overly aggressive tightening could come at too high a cost to growth and employment. The Treasury, meanwhile, is constrained by debt-to-GDP at multiples of levels...