Alternative measurements of public sector debt

General government

gross debt

Public sector net

financial liabilities

Public sector

net debt

Public sector

net worth

Assets

Non financial

assets

Illiquid financial

assets

2

Liquid financial

assets

Liabilities

Government

debt

1

Other

liabilities

Unfunded public

sector pensions

3

PFI contracts

4

Alternative measurements of public sector debt

General

government

gross debt

Public sector

net debt

Public sector

net financial

liabilities

Public sector

net worth

Non financial

assets

Assets

Illiquid financial

assets

2

Liquid financial

assets

Liabilities

Government

debt

1

Other

liabilities

Unfunded public

sector pensions

3

PFI contracts

4

Guardian graphic. Source: OBR. Notes: 1: includes cash, debt securities and loans. 2: Includes funded public sector pensions. 3: Included in GFSM 2014 net financial liabilities and net worth but not ESA 10. 4: contracts in addition to those already included under ESA 10