Scotland's Economic and Fiscal Forecasts December 2017

Our report, Scotland’s Economic and Fiscal Forecasts (PDF 2.3MB), was published on 14 December 2017 to accompany the Scottish Government’s Draft Budget 2018-19. We set out our five-year forecasts of the Scottish economy, tax receipts, social security expenditure and an assessment of whether the Scottish Government’s projections of borrowing are reasonable. Our report also includes costings for policies announced by the Scottish Government at the Draft Budget 2018-19.

The summary of our report (PDF 0.8MB) sets out the forecasts produced and the main assumptions and judgements that underpin them. 

 

We have also produced an infographic of our main forecasts (PDF 0.2MB).

You can watch our Chair, Lady Susan Rice, answer the questions "what do the Commission's Budget forecasts tell us?" and "what were your conclusions about the Scottish Government's tax decisions?" on our video feed.