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Publication - Publication

Financial and business services key sector report

Published: 15 Feb 2010
Part of:
Business, industry and innovation
ISBN:
978 0 7559 9251 5

A description of Scotland's financial and business services key sector, identifying challenges faced as well as potential opportunities.

19 page PDF

460.4kB

19 page PDF

460.4kB

Contents
Financial and business services key sector report
INTERNATIONAL PERSPECTIVES

19 page PDF

460.4kB

INTERNATIONAL PERSPECTIVES

The Strategy acknowledged the need to measure progress and to benchmark Scotland as a location against international and regional comparators. These comparisons are reported in table 2. International comparator locations are OECD members and include major economies such as the USA, Japan and Germany, while the regional analysis compares Scotland to the countries and regions of the UK (or GB depending on data availability). Similar analysis has not, to date, been undertaken on the business services sector. This analysis will be undertaken as part of a programme of work on the key sectors.

Section 1 noted the key role that the financial services industry plays in the Scottish economy, and table 2 confirms this position. For example, on international and regional comparators, the sector's relative position on a number of benchmarks is marked. Moreover, with the exception of exports per worker, relative performance has become more pronounced since 2000.

Table 2: Financial Services - International and Regional Benchmarks

Scottish Government
February 2010


Contact

Email: Central Enquiries Unit, ceu@gov.scot

Post:
The Scottish Government
St Andrew’s House
Edinburgh
EH1 3DG