UK government deficit peaked at 12.8% of GDP in 2020 falling to 8% in 2021

Net borrowing as a percentage of GDP, UK

12%

10

8

6

4

2

0

-2

-4

2020

2000

2005

2010

2015

Net borrowing as a percentage of GDP, UK

12%

10

8

6

4

2

0

-2

-4

2020

2000

2005

2010

2015