Public sector balance sheet measures (% of GDP), 1997/98 to 2028/29

Source: IfG calculations using Office for Budget Responsibility Economic and Fiscal Outlook, October 2024 and Office for National Statistics, Public Sector Net WorthNotes: There are multiple measures of Public Sector Net Worth. The OBR uses the IMF definition, which includes unfunded public pension liabilities, but records securities at face value (as opposed to market or nominal value). PSND is public sector net debt. PSND Ex is public sector net debt excluding the Bank of England. PSNW is public sector net worth. PSNFL is public sector net financial liabilities. GGGD is gross general government debt.Get the dataEmbed Download image