questionText: To ask the Chancellor of the Exchequer, what the annual deficit was (a) in percentage of GDP, (b) in 2010 real terms and (c) as a proportion of government spending in the financial year (i) 2009-10 and (ii) 2023-24.
answerText: The annual deficit in 2009-2010 was 10.3% of GDP and 4.5% of GDP in 2023-24. The Office of National Statistics (ONS) does not publish the annual deficit in real terms. In order to remove the effects of inflation and provide an indication of a country’s ab...
heading: Public Expenditure