Public sector debt has reached the same levels as the early 1960s

UK public sector debt, percentage of GDP, UK

Second

world war

Financial

crisis

Great

depression

250

200

150

Sep 2022

98%

100

50

0

1921

1940

1960

1980

2000

2020

UK public sector debt, percentage of GDP, UK

Second world war

Financial crisis

Great depression

250

200

150

Sep 2022

98%

100

50

0

1921

1930

1940

1950

1960

1970

1980

1990

2000

2010

2020

Guardian graphic. Source: Office for Budget Responsibility and ONS – Public sector finances. Note: Public sector debt excluding public sector banks