Metric permalink

Public sector net borrowing

Official

Part of the Fiscal Resilience domain. Annual public sector net borrowing as a percentage of GDP, measuring the flow of new borrowing relative to economic capacity.

Latest data

Latest reading

Latest value
4.2% of GDP

2026

Previous value
5.2% of GDP
41pts
Direction of badnesshigher is worse

A higher reading is treated as worse for this indicator.

Score composition

Stress score

31/100

Blended from three components: (60% weight), trend (30% weight) and volatility (10% weight). Full formula on the methodology page.

Level · 60% weight

35percentile

Percentile: this metric is scored against its own history, where today sits between its best and worst recorded years.

Trend · 30% weight

0improving

Measured from the direction and size of the change between the two most recent readings.

Volatility · 10% weight

100

Measured from how much this indicator has swung period on period across its recorded history.

Data confidence and provenance

Confidence and source

0.90High0.90

How much weight to put on the reading, the mean data-confidence across the component metrics (source quality, recency and completeness).

Source

Office for National StatisticsOfficial

Public sector finances

Update frequency
Monthly
Reliability
high
View source series ↗

Provenance

Provider
ONS
Series ID
J5IJ/PUSF
Frequency
quarterly
Accessed
13 August 2026

Known weakness

Monthly estimates are heavily revised in subsequent months; cyclically adjusted borrowing (a better sustainability measure) requires OBR modelling not available monthly.

Notes

Verified official value from ONS (J5IJ/PUSF), accessed 2026-08-13.

Historical values

History

PeriodValueRelative
20072.7
20082.9
20097.3
201010.2
20118.7
20127.3
20137.1
20145.7
20155.2
20164.2
20172.8
20182.8
20192
20202.6
202114.7
20225
20234.8
20244.8
20255.2
20264.2