The net debt of the public sector: end-March 1993

Quarterly Bulletin 1993 Q4
Published on 01 December 1993

This article continues the series begun in the March 1986 Bulletin and last updated in the November 1992 Bulletin. Since 1988, it has been combined with the long-standing series of articles on the national debt and its distribution. It has been compiled with the help of the Central Statistical Office and others.

The main points are:

  • The net debt of the public sector and market holdings of the national debt both rose sharply in 1992/93, by around £37 billion and £45 billion respectively. These are the largest rises since the series began in 1970.
  • In relation to GDP, these measures increased by 5.0 and 6.2 percentage points respectively to 32.9% and 36.0%.
  • General government gross debt at nominal value had risen to 41.4% of GDP at end-March 1993; this was still lower than at any time between 1970 and 1988.

PDFThe net debt of the public sector: end-March 1993


Other Quarterly Bulletin 1993 Q4 articles

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