"Figure 1: General government net borrowing (‘deficit’) as a percentage of GDP","" "","" "","" "Notes","1. GDP = Gross Domestic Product." "Unit","% of GDP" "","" "","General government net borrowing as a percentage of GDP","Deficit reference value" "1992/93","7.1","3" "1993/94","7.4","3" "1994/95","6.2","3" "1995/96","4.9","3" "1996/97","3.7","3" "1997/98","1","3" "1998/99","-0.2","3" "1999/00","-1.1","3" "2000/01","-1.4","3" "2001/02","0.4","3" "2002/03","2.6","3" "2003/04","3.2","3" "2004/05","3.8","3" "2005/06","3.2","3" "2006/07","2.9","3" "2007/08","3","3" "2008/09","6.8","3" "2009/10","10.8","3" "2010/11","9.1","3" "2011/12","7.6","3" "2012/13","7.6","3" "2013/14","5.9","3"