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The economy of Scotland is an open mixed economy, mainly services based, which is the second largest economy amongst the countries of the United Kingdom. It had an estimated nominal gross domestic product (GDP) of £218.0 billion in 2023, including oil and gas extraction in the country's continental shelf region. [2]
The economy of Scotland in the Middle Ages covers all forms of economic activity in the modern boundaries of Scotland, between the End of Roman rule in Britain in the early fifth century, until the advent of the Renaissance in the early sixteenth century, including agriculture, crafts and trade. Having between a fifth or sixth (15-20%) of the ...
National Strategy for Economic Transformation (Scotland) Scottish Adjacent Waters Boundaries Order 1999; Scottish Council for Development and Industry; Scottish Economic Society; Scottish Executive Environment and Rural Affairs Department; Scottish Fiscal Commission; Scottish government economy directorates; Scottish Journal of Political Economy
The economic history of Scotland charts economic development in the history of Scotland from earliest times, through seven centuries as an independent state and following Union with England, three centuries as a country of the United Kingdom. Before 1700 Scotland was a poor rural area, with few natural resources or advantages, remotely located ...
The city of Glasgow in the central belt of Scotland, encompasses the largest municipal and regional economy in Scotland. It is recognised as the largest contributor to the Scottish economy, and is the largest integrated economic region in Scotland and produces around a third of Scotland's output, business base, research power and employment.
Scotland has a Western-style open mixed economy closely linked with the rest of the UK and the wider world. Scotland is one of the leading financial centres in Europe, and is the largest financial centre in the United Kingdom outside of London. [324]
The economy of Scotland in the High Middle Ages for this article, is the economic situation in Scotland between 1058 and 1286 AD.
The economy of Scotland in the early modern era encompasses all economic activity in Scotland between the early sixteenth century and the mid-eighteenth. The period roughly corresponds to the early modern era in Europe , beginning with the Renaissance and Reformation and ending with the last Jacobite risings and the beginnings of the Industrial ...