Scotland’s Economic and Fiscal Forecasts – December 2021
Our report, Scotland’s Economic and Fiscal Forecasts December 2021, was published on 9 December 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 2021-22 Scottish Budget has changed since our January 2021 forecast publication.
The summary of our report sets out the forecasts produced and the main assumptions and judgements that underpin them. We have also produced a Quick Visual Guide to help users quickly understand our forecasts.
Quick Visual Guide
Following our forecast on 9 December, we gave evidence to:
The Finance and Public Administration Committee on 14 December 2021