The Government Expenditure and Revenue Scotland (GERS) report for 2023-24 revealed a significant increase in Scotland’s public spending deficit, reaching £22 billion, which is more than double the UK deficit.
This deficit is attributed to a substantial drop in North Sea oil and gas revenues. Despite this, the report also highlighted that public spending per person in Scotland is £2,417 higher than the UK average, due to the collective economic strength of the United Kingdom.
This additional spending supports vital public services such as the NHS and schools.
The figures have sparked discussions about the economic implications of Scotland’s position within the UK, with some emphasizing the benefits of remaining part of the union, while others question the sustainability of current fiscal arrangements.
