Teaching activity
Data Starter: UK budget deficit as a % of GDP, 2019-2024
Elizabeth Veal
28th January 2025
Has the UK government succeeded in reducing government borrowing since the pandemic?
Using this Trading Economics chart (click on the 5Y one) showing the public sector net borrowing as a % of GDP, answer the following questions:
- Identify two significant features of the trend in the budget deficit as a % of GDP.
- How much smaller is the budget deficit as a % of GDP in 2024 compared to 2020?
Download our suggested answers for this resource here
Elizabeth Veal
Liz has taught Economics for over 25 years, including several years as Head of Economics at leading schools.
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