Public sector net debt is forecast to peak in 2027-28 before falling slightly

Public sector net debt as a % of GDP, excluding Bank of England

Outturn

Nov 2023 forecast

Mar 2024 pre-measures

Mar 2024 forecast

100%

Forecast

75

50

25

0

2006-07

2012-13

2018-19

2024-25

Outturn

Nov 2023 forecast

Mar 2024 pre-measures

Mar 2024 forecast

100%

Forecast

75

50

25

0

2006-07

2009-10

2012-13

2015-16

2018-19

2021-22

2024-25

2027-28

Guardian graphic. Source: ONS, OBR