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Lord Lawson of Blaby
asked Her Majesty's Government:Whether for each year from 1950 to 1995 inclusive they will state the public sector debt as a percentage of GDP.
Lord Mackay of Ardbrecknish
The information requested is shown in the table. Figures for public sector debt are available only from 1970.
| Net Public Sector Debt as a Percentage of GDP | |
| 1970 | 79.1 |
| 1971 | 73.0 |
| 1972 | 68.0 |
| 1973 | 61.2 |
| 1974 | 60.5 |
| 1975 | 56.7 |
| 1976 | 57.9 |
| 1977 | 56.4 |
| 1978 | 52.9 |
| 1979 | 49.6 |
| 1980 | 45.5 |
| 1981 | 47.1 |
| 1982 | 47.0 |
| 1983 | 45.8 |
| 1984 | 46.5 |
| 1985 | 46.8 |
| 1986 | 44.9 |
| 1987 | 42.6 |
| 1988 | 38.0 |
| 1989 | 31.6 |
Net Public Sector Debt as a Percentage of GDP
| |
| 1990 | 28.0 |
| 1991 | 27.2 |
| 1992 | 28.4 |
| 1993 | 33.0 |
| 1994 | 38.2 |
| 1995 | 41¾ |
Note:
Debt figures are for end March. GDP figures are for year centred on end-March.