Publication - Corporate report
Scottish Budget - provisional outturn 2025-2026: briefing note - 18 June 2026
The overall provisional fiscal outturn for 2025-26 is £55.9 billion against a total fiscal budget of £56.3 billion. The Scottish Government (SG) is not permitted by Treasury to overspend its budget. The remaining underspend of £358 million, carried forward in full in the Scotland Reserve.
Comparison with Previous Years – HM Treasury Budgets
29. For purposes of comparison, the HMT fiscal variance against total budget reported for the last four years including 2025-26 are summarised within Table 5 below:
| Year | Resource £million | Capital £million | Financial Transactions £million |
|---|---|---|---|
| 2025-26 | (312) | (42) | ( 4) |
| 2024-25 | (502) | (31) | (25) |
| 2023-24 | (162) | (130) | 0 |
| 2022-23 | (181) | (25) | (39) |
| 2021-22 | (421) | (183) | (46) |
Contact
Email: Corporate.reporting@gov.scot