SCOTFACT
Historical

THE SCOTTISH BUDGET
HISTORICAL

Scotland's budget for 2019-20 was £42,522.4m. The forecast for 2020-21 is £49.171.9m. This represents an increase of 15.6% in cash terms and and increase of 12.5% in real terms. 

IMPORTANT: Numbers for 2020-21are taken from the Scottish Government Draft budget and do not reflect the additional 640m in Barnett Consequentials (before devolved tax adjustments) introdcued by the UK Government budget on 12 March 2020.

Scottish Budget Historical
Year Cash Terms (£m) Real Terms (2019-20 £m)
2008-09 31,935.0 38,664.1
2009-10 33,651.0 40,080.8
2010-11 34,235.0 40,090.1
2011-12 33,488.0 38,625.6
2012-13 33,761.2 38,155.0
2013-14 34,342.6 38,077.2
2014-15 36,390.0 39,791.8
2015-16 36,930.9 40,038.2
2016-17 37,297.1 39,500.2
2017-18 39,232.9 40,844.7
2018-19 40,445.6 41,254.5
2019-20 42,522.4 42,522.4
2020-21 49,171.9 48,283.5
Figures from 2008-09 to 2011-12  are the latest available outturn numbers published in the SPICe budget analysis.

Figures for 2012-13 are from the Scottish Budget 2020-21 outturn.

2018-19 through 2020-21 are the budget numbers presented in the Draft Scottish Budget 2020-21.

To provide a like for like comparison, all figures are shown net of Scottish Parliament and Audit Scotland spending, which for 2018-19, 2019-20 and 2020-21 were £109.6m ,£110.6m and £116.1m respectively.

We have used the Real Terms Deflator from the HMRC GDP Deflator tables that were current when the 2020-21 Draft Budget Document was published. This is in line with the Scottish Government Budget Draft document published in Feb 2020.

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REFERENCES & FOOTNOTES
REAL TERMS CALCULATIONS

The Real Terms calculations above are carried out using the HMT's deflator tables. There are a number of methods for measuring inflation, however when discussing public revenue and expenditure, typically the HMT's GDP deflator is used to calculate the real terms equivalent. We have provided an easy to use Calculator for your convenience here.

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