Government Expenditure & Revenue Scotland 2013-14
Government Expenditure and Revenue Scotland (GERS) is a National Statistics publication. It estimates the contribution of revenue raised in Scotland toward the goods and services provided for the benefit of Scotland. The estimates in this publication are consistent with the UK Public Sector Finances published in January 2015.
ANNNEX C: REVISIONS
This section presents revisions from the previous GERS 2012-13 publication.
Revisions to Non-North Sea Revenue Estimates from GERS 2012-13
Table C.1 summarises the revisions in this edition of GERS by comparing the estimates contained in this report with last year's publication. Overall, estimated public sector revenue in Scotland for the years 2009-10 to 2012-13 have been revised upward. This reflects upward revisions to UK receipts, primarily due to the incorporation of ESA10 changes as discussed in Box 3.2. This change was made in the ONS Public Sector Finances in September 2014.
Table C.1: Revisions to Estimates of Total Non-North Sea Public Sector Revenue: 2009-10 to 2012-13
(£ million) |
|||||
---|---|---|---|---|---|
2009-10 |
2010-11 |
2011-12 |
2012-13 |
||
Scotland |
|||||
Estimates published in GERS 2012-13 |
42,054 |
44,318 |
46,315 |
47,566 |
|
Estimates published in GERS 2013-14 |
43,316 |
45,523 |
47,279 |
48,321 |
|
Revision |
1,262 |
1,204 |
964 |
755 |
|
UK |
|||||
Estimates published in GERS 2012-13 |
510,118 |
547,100 |
565,597 |
580,293 |
|
Estimates published in GERS 2013-14 |
527,272 |
564,109 |
582,450 |
595,223 |
|
Revision |
17,154 |
17,009 |
16,853 |
14,931 |
|
Scotland/UK ratio |
|||||
Estimates published in GERS 2012-13 |
8.2% |
8.1% |
8.2% |
8.2% |
|
Estimates published in GERS 2013-14 |
8.2% |
8.1% |
8.1% |
8.1% |
|
Revision (% point) |
0.0% |
0.0% |
-0.1% |
-0.1% |
Table C.2 illustrates the revisions to individual public sector revenue streams in Scotland and the UK for 2012-13. The revisions to the UK revenue estimates and to the underlying data used to apportion some taxes to Scotland have resulted in revisions to some revenue estimates. The net effect of all of the changes has been to increase the estimate of public sector revenue in Scotland by £755 million and the estimate of UK tax revenue by £14.9 billion.
Table C.2: Revisions to Estimates of Public Sector Revenue: Scotland and UK 2012-13
(£ million) |
(%) |
||||||
---|---|---|---|---|---|---|---|
Scotland |
UK |
Scotland |
UK |
||||
Income tax |
-9 |
704 |
-0.1% |
0.5% |
|||
Corporation tax (excluding North Sea) |
-72 |
574 |
-2.5% |
1.7% |
|||
Capital gains tax |
28 |
0 |
9.5% |
0.0% |
|||
Other taxes on income and wealth |
-11 |
-7 |
-4.1% |
-0.2% |
|||
National insurance contributions |
-20 |
0 |
-0.2% |
0.0% |
|||
VAT |
222 |
2,393 |
2.4% |
2.1% |
|||
Fuel duties |
-89 |
0 |
-4.0% |
0.0% |
|||
Stamp duties |
-7 |
0 |
-1.6% |
0.0% |
|||
Tobacco duties |
155 |
0 |
13.7% |
0.0% |
|||
Alcohol duties |
-39 |
0 |
-4.0% |
0.0% |
|||
Betting and gaming and duties |
1 |
0 |
0.5% |
0.0% |
|||
Air passenger duty |
0 |
0 |
0.0% |
0.0% |
|||
Insurance premium tax |
-7 |
0 |
-3.1% |
0.0% |
|||
Landfill tax |
-1 |
0 |
-0.6% |
0.0% |
|||
Climate change levy |
-1 |
9 |
-2.1% |
1.4% |
|||
Aggregates levy |
-1 |
0 |
-2.2% |
0.0% |
|||
Inheritance tax |
-29 |
0 |
-12.1% |
0.0% |
|||
Vehicle excise duty |
0 |
0 |
0.0% |
0.0% |
|||
Non-domestic rates |
-35 |
-227 |
-1.8% |
-0.9% |
|||
Council tax |
-77 |
6 |
-3.8% |
0.0% |
|||
Other taxes, royalties and adjustments |
124 |
1,183 |
11.5% |
9.2% |
|||
Interest and dividends |
-161 |
-1,984 |
-25.9% |
-26.0% |
|||
Gross operating surplus |
606 |
10,096 |
18.7% |
36.6% |
|||
Rent and other current transfers |
180 |
2,184 |
140.5% |
154.0% |
|||
Total revision |
755 |
14,931 |
1.6% |
2.6% |
Revisions to the majority of previously published estimates are relatively small and largely explained by revisions to the UK constraining totals for each revenue stream. For other revenues, changes to methodologies, the latest data, or the UK constraining totals have led to changes to the Scottish estimates. These are discussed below.
Revisions to income tax, VAT, non-domestic rates, council tax, and rent and other current transfers reflect the impact of the ESA10 changes on revenue, as discussed in Box 3.2. These have increased revenue, but also have offsetting impacts on expenditure. Revisions to gross operating surplus also reflect ESA10 changes, but there are some non-ESA10 changes discussed below.
Revisions to onshore corporation tax for the UK reflect changes to the assessment of profits which fall within the UK Continental Shelf Ring Fence. In April 2014, HMRC published revisions to the estimates of offshore corporation tax, reflecting a reduction in the amount of profits which were assessed as occurring within the ring fence. This led to a corresponding increase in the amount of onshore profits, and therefore an increase in onshore corporation tax. For Scotland, this increase in onshore corporation tax has been offset by revisions to ONS Regional Accounts, which have resulted in the estimate of profits being made in Scotland being revised down. This downward revision is in part related to the move to ESA10 for GDP, which as discussed in Chapter 1 has resulted in a smaller increase in profits in Scotland compared to the UK as a whole. This has led to a corresponding reduction in the amount of corporation tax assigned to Scotland.
Revisions to the Scottish estimate of fuel duty result from an updated methodology to apportion the UK estimate. Revenue from petrol and diesel are now apportioned separately.
Revisions to interest and dividends primarily reflect the incorporation of the Bank of England Asset Purchase Facility within estimates of public sector revenue. This is in line with the move to reduce the number of measures of UK public sector finances made by the ONS in September, following a review and consultation on their publication.
Revisions to gross operating surplus are primarily explained by ESA10 changes, as discussed in Box 3.2, which affects estimates of central government gross operating surplus. However, there have also been revisions to the apportionment of public corporations' gross operating surplus. Previously, this was all apportioned using corporation level gross trading surpluses, which excludes artistic originals. In this year's edition, public corporations' gross operating surplus associated with artistic originals is separated out and apportioned separately. This revenue is associated with BBC and Channel 4, and so Scotland is apportioned a population share. The remainder of gross operating surplus is apportioned as usual. This has reduced Scotland's estimated share of gross operating surpluses in the years to 2012‑13.
Revisions to other taxes, royalties, and adjustments primarily reflect revisions to the UK estimates of revenue from renewable energy obligation certificates. These are imputed revenues, with offsetting expenditures, representing the cost to companies which are required to purchase certificates to meet the renewable energy obligation requirements.
Revisions to North Sea Revenue Estimates from GERS 2012-13
Table C.3 summarises the revisions to North Sea revenues in this edition of GERS by comparing the estimates contained in this report with last year's publication.
Estimates of North Sea revenues in the UK for the years 2009-10 and 2010-11 are unchanged, whilst the figures for 2011-12 and 2012-13 been revised down as a result of downward revisions to North Sea corporation tax. This reflects a new method used by the HMRC to identify which parts of corporation tax receipts relate to operations within the UK Continental Shelf Ring Fence. Previously, HMRC waited until group payments had been distributed between companies and revised previous years data to reflect this. The new method means that this split is now estimated sooner, and should reduce future revisions. This change has reduced the estimate of company profits falling within the ring fence, resulting in a fall in North Sea corporation tax receipts in 2011-12 and 2012-13, and an increase in onshore corporation tax receipts at the UK level.[39]
Table C.3: Revisions to UK North Sea Revenue: 2009-10 to 2012-13
(£ million) |
||||
---|---|---|---|---|
2009-10 |
2010-11 |
2011-12 |
2012-13 |
|
Licence fees |
||||
Estimates published in GERS 2012-13 |
67 |
70 |
67 |
69 |
Estimates published in GERS 2013-14 |
67 |
70 |
67 |
69 |
Revision |
0 |
0 |
0 |
0 |
North Sea Corporation Tax |
||||
Estimates published in GERS 2012-13 |
4,998 |
6,864 |
9,218 |
4,793 |
Estimates published in GERS 2013-14 |
4,998 |
6,864 |
8,840 |
4,393 |
Revision |
0 |
0 |
-378 |
-400 |
Petroleum Revenue Tax |
||||
Estimates published in GERS 2012-13 |
923 |
1,458 |
2,032 |
1,737 |
Estimates published in GERS 2013-14 |
923 |
1,458 |
2,032 |
1,737 |
Revision |
0 |
0 |
0 |
0 |
Emissions Trading Scheme |
||||
Estimates published in GERS 2012-13 |
3 |
14 |
19 |
33 |
Estimates published in GERS 2013-14 |
3 |
14 |
19 |
15 |
Revision |
0 |
0 |
0 |
-19 |
Total revisions |
0 |
0 |
-378 |
-419 |
Table C.4 below summarises the revisions to the estimate of Scotland's illustrative geographical share of the North Sea tax revenues since the previous publication.
Table C.4: Revisions to geographical share of North Sea Revenue: 2009-10 to 2012-13
(£ million) |
||||
---|---|---|---|---|
2009-10 |
2010-11 |
2011-12 |
2012-13 |
|
Estimates published in GERS 2012-13 |
94.8% |
88.7% |
88.2% |
84.2% |
Estimates published in GERS 2013-14 |
94.8% |
88.7% |
88.2% |
84.2% |
Difference (% point) |
0.0% |
0.1% |
0.0% |
0.1% |
A discussion of revisions to all taxes between 2009-10 and 2012-13 is provided in the GERS 2013-14 Revenue Methodology note available on the GERS website.
Revisions to Expenditure Estimates from GERS 2012-13
Table C.5 sets out the changes in estimates of public expenditure in Scotland and the UK between this report and GERS 2012-13. These revisions reflect changes in the underlying CRA data, revisions to the GERS methodology and revisions to the data sources used to apportion non identifiable expenditure to Scotland. Revisions to public expenditure that can be traced to changes in the CRA database are specified separately.
Total public sector expenditure has been revised up for both Scotland and the UK in all years. This primarily reflects the changes associated with ESA10 discussed in Box 5.1, which increase both expenditure and revenue by a similar amount. Scotland's share of UK expenditure is unchanged in the years 2009-10 to 2011-12.
Expenditure in 2012-13 has been revised up for both Scotland and the UK by more than in other years. This reflects the incorporation of the Royal Mail Pension Plan into the expenditure estimates. This is in line with the move to reduce the number of measures of UK public sector finances made by the ONS in September, following a review and consultation on their publication. Under ESA10, the Royal Mail Pension Plan increases UK spending by £9.5 billion, and a population share is assigned to Scotland, increasing spending by around £800 million.
Table C.5: Revisions to Estimates of Total Managed Expenditure: 2009-10 to 2012-13
(£ million) |
||||
---|---|---|---|---|
2009-10 |
2010-11 |
2011-12 |
2012-13 |
|
Scotland |
||||
Estimates published in GERS 2012-13 |
62,087 |
64,095 |
64,869 |
65,205 |
Estimates published in GERS 2013-14 |
63,533 |
65,112 |
65,768 |
67,848 |
Revision |
1,446 |
1,017 |
899 |
2,643 |
Of which revisions to TES made in CRA 2014 |
216 |
215 |
129 |
655 |
UK |
||||
Estimates published in GERS 2012-13 |
673,402 |
694,705 |
694,315 |
701,681 |
Estimates published in GERS 2013-14 |
686,295 |
706,520 |
706,190 |
720,836 |
Revision |
12,893 |
11,815 |
11,875 |
19,155 |
Of which revisions to TES made in CRA 2014 |
1,719 |
2,012 |
1,795 |
-1,721 |
Scotland/UK Ratio |
||||
Estimates published in GERS 2012-13 |
9.2% |
9.2% |
9.3% |
9.3% |
Estimates published in GERS 2013-14 |
9.3% |
9.2% |
9.3% |
9.4% |
Revision (% point) |
0.0% |
0.0% |
0.0% |
0.1% |
In 2012-13, Scotland's expenditure in the CRA has been revised up by £655 million, whilst UK expenditure has been revised down, resulting in an increase in Scotland's share of UK spending. This reflects an upward revision of over £600 million to estimates of spending by Scottish Local Authorities made by HM Treasury in the 2014 CRA publication. This revision was caused by estimates of spending being replaced by outturn figures from Scottish Government Local Government Finance statistics, published in February 2014, thereby providing a more accurate figure.
This is a relatively large revision to estimates of Scottish spending. The Scottish Government and HM Treasury have worked together to ensure that the estimates in the 2014 CRA publication are consistent with the latest provisional local authority spending figures for Scotland, to ensure that future revisions are minimized.
Table C.6 shows a breakdown of the revisions by spending line for 2012-13. The downward revision to public sector debt interest represents the incorporation of the Bank of England Asset Purchase Facility within the expenditure estimates.
In general, Scottish revisions are in line with UK revisions. The exceptions are public and common services, public order and safety, and transport. These categories are revised up for Scotland, reflecting the revision to Scottish Local Authority spending in 2012-13 discussed above.
Table C.6: Revisions to Estimates of Public Sector Expenditure: Scotland and UK 2012-13
(£ million) |
(%) |
|||
---|---|---|---|---|
Scotland |
UK |
Scotland |
UK |
|
General public services |
||||
Public and common services |
130 |
-363 |
9.4% |
-3.1% |
International services |
-5 |
-59 |
-0.7% |
-0.7% |
Public sector debt interest |
-883 |
-10,582 |
-22.0% |
-21.9% |
Defence |
1 |
-10 |
0.0% |
0.0% |
Public order and safety |
321 |
-164 |
12.7% |
-0.5% |
Economic affairs |
||||
Enterprise and economic development |
-94 |
-431 |
-9.0% |
-8.1% |
Science and technology |
32 |
1 |
12.9% |
0.0% |
Employment policies |
47 |
518 |
21.2% |
20.2% |
Agriculture, forestry and fisheries |
3 |
-45 |
0.3% |
-0.8% |
Transport |
291 |
-567 |
10.5% |
-2.9% |
Environment protection |
1 |
-540 |
0.1% |
-4.8% |
Housing and community amenities |
-17 |
-595 |
-1.0% |
-5.6% |
Health |
6 |
-1 |
0.1% |
0.0% |
Recreation, culture and religion |
84 |
-49 |
5.4% |
-0.4% |
Education and training |
23 |
-166 |
0.3% |
-0.2% |
Social protection |
-173 |
-1,730 |
-0.8% |
-0.7% |
Accounting adjustments |
2,872 |
33,940 |
111.3% |
108.1% |
Total revision |
2,643 |
19,155 |
4.1% |
2.7% |
Revisions to Estimates of Capital Consumption from GERS 2012-13
Table C.7 sets out the changes to estimates of capital consumption in Scotland and the UK between this report and GERS 2012-13. Capital consumption, which represents the capital stock consumed to provide services within the year, is included alongside current expenditure when calculating the current budget balance. It does not affect the estimate of the net fiscal balance.
As general government capital consumption forms part of gross operating surplus within public sector revenue, revisions to general government capital consumption do not affect the current budget balance. However, as public corporations are market bodies which have their own operating surplus from their market activities, which is not related to their capital consumption, revisions to public corporation capital consumption do affect the current budget balance.
As discussed in Boxes 3.2 and 5.1, under ESA10, capital consumption across the UK is higher. Scotland's share of capital consumption has also been revised up due to upward revisions to public corporation data. As Scotland has a relatively high share of public corporation capital consumption, this revision has a larger impact on Scotland's current budget balance than for the UK as a whole
Unlike for public corporations' expenditure and operating surplus, detailed capital consumption data are not available on a public corporation basis from the ONS, as they are not separately identified within their perpetual inventory model. The Scottish Government is investigating the potential to use public corporation data from the Whole of Government Accounts, which may provide a more stable estimate of Scottish public corporation capital consumption.
Table C.7: Revisions to capital consumption: 2009-10 to 2012-13
(£ million) |
||||
---|---|---|---|---|
2009-10 |
2010-11 |
2011-12 |
2012-13 |
|
Scotland |
||||
Estimates published in GERS 2012-13 |
1,884 |
1,945 |
2,039 |
2,119 |
Estimates published in GERS 2013-14 |
3,789 |
3,777 |
3,746 |
3,818 |
Revision |
1,905 |
1,832 |
1,707 |
1,699 |
UK |
||||
Estimates published in GERS 2012-13 |
19,999 |
20,784 |
21,616 |
22,510 |
Estimates published in GERS 2013-14 |
30,562 |
31,859 |
33,198 |
34,247 |
Revision |
10,563 |
11,075 |
11,582 |
11,737 |
Scottish Share of UK |
(% of UK) |
|||
Estimates published in GERS 2012-13 |
9.4% |
9.4% |
9.4% |
9.4% |
Estimates published in GERS 2013-14 |
12.4% |
11.9% |
11.3% |
11.1% |
Revision |
3.0% |
2.5% |
1.9% |
1.7% |
Revisions to Fiscal Aggregates from GERS 2012-13
Table C.8 shows revisions to the current budget balance from the previous publication of GERS. Scotland's current budget balance has worsened in all years, whilst the UK has improved. For the UK, this reflects the ESA10 changes which reclassify current expenditure to capital expenditure, discussed in Box 5.2. These changes reduce current expenditure, and so the current budget balance improves. For Scotland, there are a number of reasons why the current budget balance does not improve.
Firstly, as discussed above, the increases in public corporation capital consumption have a larger impact in Scotland. In addition, in 2012-13, there are additional impacts of the downward revisions to North Sea revenue and upward revisions to local authority spending. A downward revision to North Sea revenue also occurred in 2011-12.
Secondly, in the years prior to 2012-13, Scotland's share of onshore tax revenue has been revised down. This reflects the downward revisions to the estimates of Scotland's share of onshore corporation tax and gross operating surplus as described above.
Table C.8: Revisions to Estimates of the Current Budget Balance: 2009-10 to 2012‑13
(£ million) |
||||
---|---|---|---|---|
2009-10 |
2010-11 |
2011-12 |
2012-13 |
|
Estimates published in GERS 2012-13 |
||||
Excluding North Sea revenue |
-15,235 |
-15,753 |
-14,632 |
-14,180 |
Including North Sea revenue (population share) |
-14,732 |
-15,049 |
-13,684 |
-13,628 |
Including North Sea revenue (geographical share) |
-9,556 |
-8,299 |
-4,632 |
-8,599 |
UK |
-108,900 |
-100,546 |
-88,663 |
-91,930 |
Estimates published in GERS 2013-14 |
||||
Excluding North Sea revenue |
-16,033 |
-16,030 |
-14,732 |
-14,851 |
Including North Sea revenue (population share) |
-15,530 |
-15,325 |
-13,815 |
-14,334 |
Including North Sea revenue (geographical share) |
-10,351 |
-8,571 |
-5,064 |
-9,616 |
UK |
-103,811 |
-93,756 |
-81,921 |
-83,848 |
Difference (£ million) (positive shows improvement) |
||||
Excluding North Sea revenue |
-797 |
-277 |
-100 |
-671 |
Including North Sea revenue (population share) |
-797 |
-277 |
-131 |
-706 |
Including North Sea revenue (geographical share) |
-794 |
-272 |
-432 |
-1,018 |
UK |
5,089 |
6,790 |
6,742 |
8,082 |
Table C.9 shows revisions to the net fiscal balance from the previous publication of GERS. In most years, the revisions pattern is similar to that for the current budget balance. However, in 2012-13 there has been a downward revision in the net fiscal balance for both Scotland and the UK. This primarily reflects the impact of the inclusion of the Royal Mail Pension Plan transfer, which increases UK capital expenditure by £9.5 billion. Scotland is assigned a population share of this, increasing capital expenditure by approximately £800 million.
Table C.9: Revisions to Estimates of the Net Fiscal Balance: 2009-10 to 2012-13
(£ million) |
||||
---|---|---|---|---|
2009-10 |
2010-11 |
2011-12 |
2012-13 |
|
Estimates published in GERS 2012-13 |
||||
Excluding North Sea revenue |
-20,033 |
-19,777 |
-18,553 |
-17,639 |
Including North Sea revenue (population share) |
-19,530 |
-19,072 |
-17,605 |
-17,087 |
Including North Sea revenue (geographical share) |
-14,354 |
-12,322 |
-8,554 |
-12,058 |
UK |
-157,293 |
-139,199 |
-117,382 |
-114,756 |
Estimates published in GERS 2013-14 |
||||
Excluding North Sea revenue |
-20,217 |
-19,589 |
-18,489 |
-19,527 |
Including North Sea revenue (population share) |
-19,714 |
-18,885 |
-17,572 |
-19,010 |
Including North Sea revenue (geographical share) |
-14,535 |
-12,130 |
-8,821 |
-14,293 |
UK |
-153,032 |
-134,005 |
-112,782 |
-119,399 |
Difference (£ million) (positive shows improvement) |
||||
Excluding North Sea revenue |
-184 |
187 |
65 |
-1,888 |
Including North Sea revenue (population share) |
-184 |
187 |
33 |
-1,923 |
Including North Sea revenue (geographical share) |
-181 |
192 |
-267 |
-2,235 |
UK |
4,261 |
5,194 |
4,600 |
-4,643 |
In addition to revisions to the fiscal aggregates themselves, there are also revisions to the fiscal aggregates expressed as a share of GDP due to changes in GDP estimates. These are shown in Tables C.10 and C.11 for the current budget balance and the net fiscal balance respectively. If there had been no revisions to estimates of the current budget balance or net fiscal balance in cash terms, previous estimates of Scotland's fiscal aggregates excluding the North Sea would generally have improved since the previous publication. This reflects upward revisions to onshore GDP following the move to ESA10, as discussed in Chapter 1. However, the improvement is not as large as seen for the UK. This reflects downward revisions to Scottish GDP since that used in GERS 2012-13 on an ESA95 basis following the update of the Input‑Output benchmark year from 2009 to 2011 in July 2014. These partially offset the upward ESA10 revisions in most years, and almost entirely offset them in 2010-11.
Table C.10: Impact of Revisions to GDP on Estimates of the Current Budget Balance: 2009-10 to 2012-13
2009-10 |
2010-11 |
2011-12 |
2012-13 |
|
---|---|---|---|---|
Estimates published in GERS 2012-13 |
(% of GDP) |
|||
Excluding North Sea revenue |
-13.1% |
-12.9% |
-11.6% |
-11.2% |
Including North Sea revenue (population share) |
-12.5% |
-12.1% |
-10.7% |
-10.6% |
Including North Sea revenue (geographical share) |
-7.1% |
-5.7% |
-3.1% |
-5.9% |
UK |
-7.6% |
-6.7% |
-5.7% |
-5.8% |
GERS 2012-13 estimate with latest GDP estimates |
(% of GDP) |
|||
Excluding North Sea revenue |
-12.6% |
-12.8% |
-11.4% |
-10.9% |
Including North Sea revenue (population share) |
-12.0% |
-12.0% |
-10.5% |
-10.4% |
Including North Sea revenue (geographical share) |
-6.8% |
-5.7% |
-3.1% |
-5.8% |
UK |
-7.3% |
-6.4% |
-5.4% |
-5.5% |
Change (positive denotes improvement) |
(% point difference) |
|||
Excluding North Sea revenue |
0.5% |
0.02% |
0.2% |
0.3% |
Including North Sea revenue (population share) |
0.5% |
0.01% |
0.2% |
0.3% |
Including North Sea revenue (geographical share) |
0.3% |
0.00% |
0.1% |
0.1% |
UK |
0.4% |
0.3% |
0.3% |
0.3% |
Table C.11: Impact of Revisions to GDP on Estimates of the Net Fiscal Balance: 2009-10 to 2012-13
2009-10 |
2010-11 |
2011-12 |
2012-13 |
|
---|---|---|---|---|
Estimates published in GERS 2012-13 |
(% of GDP) |
|||
Excluding North Sea revenue |
-17.2% |
-16.1% |
-14.7% |
-14.0% |
Including North Sea revenue (population share) |
-16.5% |
-15.3% |
-13.7% |
-13.3% |
Including North Sea revenue (geographical share) |
-10.7% |
-8.5% |
-5.8% |
-8.3% |
UK |
-11.0% |
-9.3% |
-7.6% |
-7.3% |
GERS 2012-13 estimate with latest GDP estimates |
(% of GDP) |
|||
Excluding North Sea revenue |
-16.6% |
-16.1% |
-14.5% |
-13.6% |
Including North Sea revenue (population share) |
-15.9% |
-15.3% |
-13.5% |
-13.0% |
Including North Sea revenue (geographical share) |
-10.3% |
-8.5% |
-5.7% |
-8.2% |
UK |
-10.5% |
-8.8% |
-7.2% |
-6.9% |
Change (positive denotes improvement) |
(% point difference) |
|||
Excluding North Sea revenue |
0.6% |
0.0% |
0.2% |
0.4% |
Including North Sea revenue (population share) |
0.6% |
0.0% |
0.2% |
0.3% |
Including North Sea revenue (geographical share) |
0.4% |
0.0% |
0.1% |
0.1% |
UK |
0.5% |
0.4% |
0.4% |
0.4% |
Contact
Email: Mairi Spowage
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