THE publication of the annual Government Expenditure and Revenue Scotland (GERS) statistics demonstrate how the same set of figures can be used by rival parties and politicians to reach completely different conclusions.

For the SNP, the figures highlight how Scotland is ill-served by the current constitutional set up and unable to reach its full economic potential under it.

On the other hand, the Unionist parties jump on them to suggest Scotland is too poor to be an autonomous nation.

READ MORE: Craig Dalzell: Independence could be worth at least £7.5 billion to Scotland’s deficit

These were the stances adopted again with the publication of the figures which showed Scotland’s deficit fell by £1.3 billion to £13.3bn during 2015/16 amid an increase in oil and gas revenues.

The deficit, the difference between revenue raised through taxation and money spent on public services, amounts to 8.3 per cent of Scottish GDP. It compares with the overall UK deficit of £46.2bn, or 2.4 per cent of UK GDP.

“Scotland’s economy remains strong,” said First Minister Nicola Sturgeon.

“In the last quarter, our economy grew nearly four times faster than the UK and the number of people in employment is at a record high.

“These figures reflect Scotland’s finances under current constitutional arrangements. However, they show that our investment in key industries, such as the life-science sector, is providing a real boost to our onshore economy.”

She continued: “The lower oil price had an impact on North Sea revenues and the wider economy last year. However, it is encouraging to see an improvement in the overall fiscal balance and that onshore revenues grew at their fastest rate in nearly 20 years. However, our long-term economic success is now threatened by Brexit, which risks reducing household incomes, employment and funding for public services. That is why we continue to press for the Scottish Government to have a direct role in Brexit negotiations.”

Scottish Labour joined with the Scottish Conservatives to use the figures to defend the Union.

“These figures prove once and for all that the SNP sold false hope to the poorest people in Scotland,” said Scottish Labour leader Kezia Dugdale.

“Scotland’s own accounts show that the first year of an independent Scotland would have meant unprecedented levels of austerity.”

The Scottish Conservatives said the figures showed Scotland was better off as part of the UK.

Finance spokesman Murdo Fraser MSP said: “These figures ... confirm just how wrong the SNP got it during the referendum campaign.

“In 2014, Alex Salmond and Nicola Sturgeon looked Scottish families in the eye and insisted we’d be better off.

“In fact, in the first year of independence, Scotland would have been staring at the biggest deficit in Europe.”

Green MSP Patrick Harvie said: “Every year these figures set off a tiresome war of words between those who think Scotland could never run its own affairs and those who think the SNP approach is flawless.”

Responding to critics, Sturgeon said she did not accept “in any way, shape or form” that the SNP’s prospectus for leaving the UK had misled voters.

“Nobody foresaw the decline in the oil price,” she said. “That was a change in circumstance that happened after the publication of the figures in the white paper. “