Total Public Sector Revenue 2016-17
Including an illustrative geographic share of North Sea, Scottish public sector revenue was estimated as £58.0 billion (8.0 per cent of UK revenue). Of this, £208 million was North Sea revenue. Scottish non-North Sea revenue was £57,743 million (8.0% of UK revenue).
Non-North Sea revenue increased from £54,446 million in 2015-16, an increase of 6.1%.
Scotland’s illustrative share of North Sea revenue increased from £56 million in 2015-16 to £208 million, reflecting an increase in total UK North Sea revenue.
Including an illustrative geographical share of North Sea revenue, Scotland’s public sector revenue is equivalent to £10,722 per person, £312 less than the UK average. Excluding North Sea revenue, it is £10,684 per person, £349 less than the UK average.
Total Public Sector Expenditure 2016-17
Total expenditure for the benefit of Scotland by the Scottish Government, UK Government, and all other parts of the public sector was £71.2 billion. This is equivalent to 9.2 per cent of total UK public sector expenditure, and £13,175 per person, which is £1,437 per person greater than the UK average.
Current Budget Balance 2016-17
This is the difference between total revenue and current expenditure (i.e. excluding capital investment). The current budget balance:
Excluding North Sea revenue, was a deficit of £9.8 billion (6.5 per cent of GDP).
Including an illustrative geographic share of North Sea revenue, was a deficit of £9.6 billion (6.0 per cent of GDP).
For the UK, was a deficit of £8.1 billion (0.4 per cent of GDP)
Net Fiscal Balance 2016-17
This is the difference between total revenue and total public sector expenditure including capital investment. The net fiscal balance:
Excluding North Sea revenue, was a deficit of £13.5 billion (9.0 per cent of GDP).
Including an illustrative geographic share of North Sea revenue, was a deficit of £13.3 billion (8.3 per cent of GDP).
For the UK, was a deficit of £46.2 billion (2.4 per cent of GDP).
The aim of GERS is to enhance public understanding of fiscal issues in Scotland. The primary objective is to estimate a set of public sector accounts for Scotland through detailed analysis of official UK and Scottish Government finance statistics. The report is designed to allow users to understand and analyse Scotland’s fiscal position under different scenarios within the current constitutional framework.
GERS is a National Statistics publication, which means that it is produced independently of Scottish Ministers and has been assessed by the UK Statistics Authority as being produced in line with the Code of Practice for Official Statistics. This means the statistics have been found to meet user needs, to be methodologically sound, explained well and produced free of political interference.
Official statistics are produced in accordance with professional standards – more information on the standards of official statistics in Scotland can be accessed at: http://www.scotland.gov.uk/Topics/Statistics/About