GDP indicates Scotland has a good economy

In most years, Scottish GDP per head is larger than UK GDP per head when a geographical share of North Sea oil and gas extraction is included. This is higher than the OECD average.

Beyond GDP: here’s a better way to measure people’s prosperity

Rather than the outmoded measures of growth, productidvity and income, our research indentifyed 15 headline indicators - a prosperity index - that refledt the actual experience of well being and security for people.

Date Published
Primary Author or Creator
Henrietta Moore
Additional Author(s) / Creators
Institute for Global Prosperity, UCL, The Conversation

A Guide to Scottish GDP

This guide shows the difference between measures of GDP.  The guide shows how the Scottish economy compares in the UK and the world. Scotland's GDP per head is at the average of the OECD countries, just behind Great Britain. There are wide regional differences in Gross Vaue Added per head of the most value being 3 times the least area. Disposable income per head has much less variation (38%).  The Human Development Index shows Scotland very close and recently narrowing the small gap with the UK

Type of Resource
Guide
Primary Author or Creator
Fraser of Allander Institute

State of the economy

This is the three times a year report on the Scottish economy in an international context.

Type of Resource
government report
Primary Author or Creator
Chief Economic Advisor
Additional Author(s) / Creators
Scottish Government

SCOTTISH ECONOMY OVERVIEW

This gives the Scottish economic statistics from an international investment point of view.

Type of Resource
Web site
Primary Author or Creator
Scottish International Development

Scottish economic statistics

This paper gives key statistics in graphic form showing such things as: Population 5.4 million, GDP as £166.8 billion or £30,530 per person, employment as 74.8%, unemployment as 4.2%, average weekly full time wage as £595, and many more.

Type of Resource
government report
Primary Author or Creator
Scottish Enterprise

The truth about the annual GERS figures. Open Minds on Independence #6

There is no set of official accounts that tells us how an independent Scotland’s economy would fare, nor what its finances would look like. Any attempt to analyse Scotland’s finances is instantly hampered by the fact that Scotland is not an independent nation and therefore does not have the same financial data, trade statistics, costs and revenue information available to work with that a normal independent country would have.

Type of Resource
News Media
Date Published
Primary Author or Creator
The National
Additional Author(s) / Creators
Believe in Scotland

Scotland’s Fiscal Future

Common Weal looks at Fiscal Policy and provides an alternative prospectus based on ensuring wellbeing and equality for the people of Scotland.

The quest for GDP and GDP Growth is not sustainable in a finite world and this should also be recognised by an independent Scotland. Metrics such as environmental impact, inequality and wellbeing are far more important and only by elevating them above the quest for “growth at all costs” can a truly fair and sustainable Scotland be created.

Type of Resource
Policy Paper
Date Published
Primary Author or Creator
Craig Dalzell
Additional Author(s) / Creators
Common Weal