Figure 7: Central government receipts, expenditure and current budget deficit1 as a percentage of GDP2 by financial year; the financial year ending 1994 to the financial year ending 20163
UK all data excluding public sector banks
Source: Office for National Statistics
- Current budget deficit is receipts minus expenditure but also includes the effects of depreciation.
- GDP = Gross Domestic Product.
- Financial year 2015/16 represents the financial year ending 2016 (April 2015 to March 2016).
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