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The National (Scotland)
The National (Scotland)
National
Steph Brawn

GERS figures show 'huge fall' in Scotland's deficit

GERS figures show Scotland's deficit was 12.3% of gross domestic product in 2021/22

DEPUTY First Minister John Swinney has welcomed a "huge fall" in Scotland's deficit after the latest Government Expenditure and Revenue Scotland (GERS) figures were released.

Data shows the deficit has decreased dramatically to £23.7 billion in 2021/22 – a fall of 10.3% compared to last year. 

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