Scotland GDP

Scotland country overview

Before we start to discuss Scotland GDP first we discuss Scotland’s country overview, so Scotland is part of the UK. It is located in the Atlantic Ocean.

Edinburgh is the capital of Scotland and its largest city name is Glasgow. Its national and widely spoken languages are English and Scottish.

When we talk about its religious divide, 54% Christians, 37% non-religions and other religions live in Scotland. Scotland’s government system is the parliamentary constitutional monarchy.

Its Monarch’s name is Elizabeth ll. Its head of minister’s name is Nicola Sturgeon. Scotland area is 77,900 km2. Its total population is 5,463,400 in the year 2020. Its population density is 67/km2.

Scotland Economy

Scotland’s currency is called the Pound Sterling. Scotland’s economy is generally called the developed and advanced economy. The inflation rate in Scotland is 1.5% in the year 2018.

16% of the Scotland population live below the poverty line. The unemployment rate in Scotland is 3.6% in the year 2020. Its main industries are food products, oils, textile, and others.

Scotland GDP

Its total GDP is $210 billion in the year 2020. Its GDP growth rate is -20% in the year 2020. Its GDP per capita is $37,400 in the year 2021.

When we talk about its GDP by sector, agriculture by 1%, industry by 20%, and services are 70% in the year 2018.

Scotland Exports

Scotland’s total exports are Euro 86 billion in the year2019. Its main export goods are fish, textile, machinery, and others. Its main export partners are the US, UK, Canada, and others.