Autumn statement 2015: five key charts

Growth, borrowing, spending cuts, deficits and surpluses - what you need to look out for in George Osborne's statement on the economy

Related: Spending review 2015: George Osborne delivers his autumn statement - live updates

There is very little need for the Office for Budget Responsibility to modify its economic forecasts. The projection for 2.4% year-on-year growth this year and a slight moderation next year to 2.3% both look reasonable."

Borrowing will total 80.3bn this year if the current trend continues, nearly 11bn more than the OBR's 69.5bn prediction...

"In Wednesday's autumn statement, the chancellor can accommodate a small rise in the borrowing forecast and still adhere to his Charter for Budget Responsibility, which requires him to achieve a surplus by the end of the parliament. But his margin for error virtually will disappear, with the surplus in 2019/20 probably being revised down to about 5bn from 10bn."

This year's autumn statement and spending review marks the halfway point in a ten year campaign to eliminate Britain's budget deficit. Just under half of the cuts in public spending needed to balance the books have taken place, leaving much of the hard grind of deficit reduction ahead."

"In identifying where the axe will fall in this parliament, the chancellor's room for manoeuvre is severely limited by existing commitments. The government has ring-fenced around 60% of day-to-day spending... These commitments leave a handful of areas of spending most exposed to further cuts, with local government, the Home Office, Justice and Business in the firing line."

The reductions will take government spending relative to the size of the economy to levels that, in recent times, are below average but not unprecedented. However, the sustained period of cuts - a decade - will be unprecedented."

handy chart from a series of handy charts: @instituteforgov on spending review wiggle room https://t.co/R6NTgLuxF4 pic.twitter.com/ykCUK6QFvW