Debt to GDP ratio (FOI)

​Request

What is the States of Jersey's debt to GDP ratio? How much debt has the States accumulated in total?

Response

The attached report from the Standard and Poor’s ratings agency shows, in table 1, the ratio of debt to GDP - which is 5.4% for 2018.

Standard and Poor’s rating

The total level of debt will be published in the States’ 2018 Annual Report and Accounts within the next week.

Articles applied

Article 36 Information intended for future publication

(1) Information is qualified exempt information if, at the time when the request for the information is made, the information is being held by a public authority with a view to its being published within 12 weeks of the date of the request.

(2) A scheduled public authority that refuses an application for information on this ground must make reasonable efforts to inform the applicant –

(a) of the date when the information will be published;

(b) of the manner in which it will be published; and

(c) by whom it will be published.

(3) In this Article, “published” means published –

(a) by a public authority; or

(b) by any other person.