Article 6DWS8 Scottish public spending deficit falls as oil revenues hit record high

Scottish public spending deficit falls as oil revenues hit record high

by
Libby Brooks Scotland correspondent
from on (#6DWS8)

Both sides of constitutional debate use Gers data to argue case for and against independence

Scotland's public spending deficit has fallen from a record peak last year, as oil and gas revenues reached their highest-ever level after a global rise in oil prices.

The government expenditure and revenue Scotland (Gers) report calculated a per-person deficit - the gap between the amount raised through all tax and spending on all public services - as 1,521 in the 2022-23 financial year, down from 2,184 the previous year.

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