Public sector net debt is expected to be lower than forecast by the OBR in March

Public sector net debt excluding Bank of England as a proportion of GDP

Outturn

March OBR

Updated projection

95%

90

85

80

75

70

Projection

2018-19

26-27

20-21

28-29

24-25

22-23

Outturn

March OBR

Updated projection

95%

Projection

90

85

80

75

70

2018-19

19-20

23-24

27-28

26-27

20-21

25-26

28-29

21-22

24-25

22-23