Scotland spent £23.7 billion more on public services than it raised in taxes last year, according to the latest Scottish Government figures released today.
GERS (Government Expenditure and Revenue Scotland) figures show the public spending deficit was £12.6bn lower than the previous year.
The figure is 12.3 per cent of GDP, unlike the previous year where it stood at 22.4 per cent of GDP. The deficit for the United Kingdom as a whole was 6.1 per cent of GDP.