UK debt as a percentage of GDP has reached levels last seen in the early 1960s

Public sector net debt excluding public sector banks

250%

Great

Depression

WW2

200

Debt at end of Oct 2020

100.8% of GDP

(£2.08tn)

150

100

50

0

1920-21

1940-41

1960-61

1980-81

2000-01

2020

250%

Great

Depression

WW2

200

Debt at end of October 2020

100.8% of GDP

(£2.08tn)

150

100

50

0

1920-21

1940-41

1960-61

1980-81

2000-01

2020

Guardian graphic. Source: OBR, ONS