Scottish business and economy

Scotland has twice been voted ‘European Region of the Future’ in the last four years (Financial Times’ Foreign Direct Investment magazine) and it’s not difficult to see why.

With a resilient and diverse economy coupled with a business and political environment which supports growth and entrepreneurship, there is no more promising location than Scotland in which to set up or invest.

Scottish economy

Population

Around 5.3 million
(National Records of Scotland)

GVA

£117 billion
(Office for National Statistics)

GVA (per head)

£21,982 (2014)
(Office for National Statistics)

Currency

Pound sterling (GBP)

Labour Force

2.615 million (2015)
(Office for National Statistics)

Scotland's top five export industries

Food and drink
Refined petroleum
Business services
Machinery and equipment
Electronic products
(Scottish Government)

Top five export destinations

USA
Netherlands
Germany
France
Denmark
(Scottish Government)

Find out more about Scotland's business strengths:

Why invest in Scotland?

Key Scottish industries