Highlights

Public sector net borrowing, excluding public sector banks (£ million)

£ -9,387 million

2017 JAN

Release date:
21 February 2017

Next release:
21 March 2017
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Public sector finances: Jan 2017

What's in the bulletin?

  • Public sector net borrowing (excluding public sector banks) decreased by £13.6 billion to £49.3 billion in the current financial year-to-date (April 2016 to January 2017), compared with the same period in the previous financial year; this is the lowest year-to-date borrowing since the financial year-to-date ending January 2008.
  • Public sector net borrowing (excluding public sector banks) was in surplus by £9.4 billion in January 2017, a £0.3 billion larger surplus than in January 2016; this is the highest January surplus since 2000.
  • Public sector net debt (excluding public sector banks) was £1,682.8 billion at the end of January 2017, equivalent to 85.3% of gross domestic product (GDP); an increase of £91.7 billion (or 1.9% points as a ratio of GDP) since January 2016.
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