Forecasts
Our five year forecasts of Scotland’s devolved tax revenue and social security expenditure are published twice a year to accompany the Scottish Government’s Budget cycle.
Latest forecast
Scotland’s Economic and Fiscal Forecasts
January 2021
Our report, Scotland’s Economic and Fiscal Forecasts January 2021, was published on 28 January 2021 setting 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. We also released a Fiscal Update, which sets out how the 2020-21 Scottish Budget has changed since February 2020.
The summary of our report sets out the forecasts produced and the main assumptions and judgements that underpin them. We have also produced an infographic of our main forecasts.
Full Report
Report summary
Forecast infographic