"Figure 1: General government gross debt has been above the 60% of GDP reference value since the financial year ending 2010","" "General government gross debt as a percentage of gross domestic product (GDP), UK, financial year ending 1995 to financial year ending 2020","" "","" "Notes","1. GDP – gross domestic product. 2. Deficit to GDP ratio reference value is 60%. 3. The ratio is recorded as at the end of March of each financial year. " "Unit","Percentage of GDP" "","" "Financial year","Percentage of GDP","Debt reference value" "1994/95","42.0","60.0" "1995/96","44.2","60.0" "1996/97","43.8","60.0" "1997/98","41.8","60.0" "1998/99","40.0","60.0" "1999/00","37.7","60.0" "2000/01","34.8","60.0" "2001/02","33.4","60.0" "2002/03","33.6","60.0" "2003/04","35.4","60.0" "2004/05","37.8","60.0" "2005/06","39.0","60.0" "2006/07","39.9","60.0" "2007/08","40.7","60.0" "2008/09","52.2","60.0" "2009/10","69.0","60.0" "2010/11","74.7","60.0" "2011/12","80.7","60.0" "2012/13","82.6","60.0" "2013/14","84.2","60.0" "2014/15","85.5","60.0" "2015/16","85.2","60.0" "2016/17","85.3","60.0" "2017/18","84.7","60.0" "2018/19","84.1","60.0" "2019/20","84.6","60.0"