Scotland’s Economic and Fiscal Forecasts – December 2023

Our report, Scotland’s Economic and Fiscal Forecasts – December 2023, was published on 19 December 2023 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.

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.

We are looking for feedback here, thanks in advance.

Following the publication of our forecasts on 19 December 2023, we gave evidence to the Finance and Public Administration Committee  and the Social Security and Social Justice Committee.

You can see a recording of these sessions here:

The Finance and Public Administration Committee on 20 December 2023

The Social Security and Social Justice Committee on 11 January 2024