Scotland’s Economic and Fiscal Forecasts – December 2024

Our report, Scotland’s Economic and Fiscal Forecasts – December 2024, was published on 4 December 2024 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.