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Scottish Budget - provisional outturn 2024-2025: briefing note - 24 June 2025

The overall provisional fiscal outturn for 2024-25 is £52.1 billion against a total fiscal budget of £52.7 billion. The Scottish Government (SG) is not permitted by Treasury to overspend its budget. The remaining £557 million (which represents only 1.1% of total budget) has been fully allocated.


Comparison with Previous Years – HM Treasury Budgets

32. For purposes of comparison, the HMT fiscal variance against total budget reported for the last four years including 2024-25 are summarised within Table 6 below:

Table 6: 2020-21 to 2024-25 Provisional Outturn Variances Comparison – HM Treasury Budgets
Year Resource £million Capital £million Financial Transactions £million
2024-25 (502) (31) (25)
2023-24 (162) (130) 0
2022-23 (181) (25) (39)
2021-22 (421) (183) (46)
2020-21 (374) (8) (67)

Contact

Email: Corporate.reporting@gov.scot

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