"Figure 4: Financial year-to-February 2022 borrowing now half that of the same period a year earlier ","" "Public sector net borrowing excluding public sector banks, UK, financial year ending (FYE) 1994 to the financial year-to-February 2022","" "","" "Notes","1. Financial year 2020 to 2021 represents FYE 2021 (April 2020 to March 2021)." "Unit","£ billion" "","" "Year","Net borrowing - Full Financial Year","Net borrowing - Year-to-February" "1993/94 ","51.6","43.0" "1994/95 ","43.8","36.1" "1995/96 ","35.3","29.0" "1996/97 ","27.7","21.0" "1997/98 ","8.9","6.5" "1998/99 ","-1.3","-2.0" "1999/00 ","-11.5","-10.3" "2000/01 ","-15.7","-14.7" "2001/02 ","5.4","5.1" "2002/03 ","34.0","32.4" "2003/04 ","41.7","41.2" "2004/05 ","49.0","46.6" "2005/06 ","44.1","42.5" "2006/07 ","39.8","36.2" "2007/08 ","45.0","39.8" "2008/09 ","117.3","103.8" "2009/10 ","157.8","145.3" "2010/11 ","139.8","127.4" "2011/12","121.5","109.4" "2012/13","124.9","116.1" "2013/14","105.0","99.3" "2014/15","96.5","91.2" "2015/16 ","80.6","76.3" "2016/17 ","56.1","53.9" "2017/18 ","55.1","54.1" "2018/19 ","43.3","43.7" "2019/20","54.9","48.7" "2020/21","317.8","290.9" "2021/22","","138.4"