The strain on GDP

Debt-to-GDP ratio (r-h scale)

0

10

20

30

40

50

60

70

80

90% of GDP

-4

-3

-2

-1

0

1

2

3

4

2064-65

2019-20

5% of GDP

Primary balance* (left-hand scale)

Central projection of the primary balance

and debt/GDP

Debt-to-GDP ratio (r-h scale)

0

10

20

30

40

50

60

70

80

90% of GDP

-4

-3

-2

-1

0

1

2

3

4

2064-65

2044-45

2019-20

5% of GDP

Primary balance* (left-hand scale)

Central projection of the primary balance and debt/GDP

Debt-to-GDP ratio (r-h scale)

0

10

20

30

40

50

60

70

80

90% of GDP

-4

-3

-2

-1

0

1

2

3

4

2064-65

2054-55

2044-45

2029-30

2019-20

5% of GDP

Primary balance* (left-hand scale)

Central projection of the primary balance and debt/GDP

Debt-to-GDP ratio (r-h scale)

0

10

20

30

40

50

60

70

80

90% of GDP

-4

-3

-2

-1

0

1

2

3

4

2064-65

2054-55

2044-45

2029-30

2019-20

5% of GDP

Primary balance* (left-hand scale)

Central projection of the primary balance and debt/GDP