Česká verze
| Scottish Economy Growing [Mon 30th Jul 2007, 17:39] |
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| Some people's eyes glaze over as soon as the phrase "economic statistics" appear, but they are one of the best measures of how successful or otherwise a country is doing from the wealth creation point of view. Scotland has suffered for many years from the decline of many of its traditional industries and it has only been thanks to the huge growth in the service sector (financial services in particular) that the economy has shown any growth at all. Scotland's growth has consistently lagged that of the UK as a whole, not just London and the south east, but many other English regions too. The latest government figures follow a similar trend. The UK GDP (Gross Domestic Product) rose by 3.0% in the year to end March 2007 (3.7% growth in services and 0.2% rise in production and 1.8% increase in construction). Scotland's figures were 2.4% growth in overall GDP (2.9% in services, 0.8% reduction in production and 5.4% rise in construction). |
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