70 years of Scottish National Accounts: 1948–2018

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Authors: Graeme Roy, Niall MacKenzie, Sandy Stewart
Cited by: 0
References: 26

Abstract

Abstract This paper provides a comprehensive time series of historical National Accounts for Scotland (onshore and offshore) from 1948 to 2018. It includes a detailed breakdown by income component and industrial sector using methods that are forward and backward compatible. Through this work we offer new insights on the performance of the post‐war Scottish economy, including its relative performance to the UK and its industrial makeup. Our findings also provide, for the first time, a full picture of the totality of Scotland's economy over the last 70 years by incorporating an estimate of North Sea oil and gas gross value added from within Scotland's territorial waters.

Fields of Study & Subjects

Historical Economic and Social Studies Economic Theory and Policy Scottish History and National Identity

Publication details

Journal / source
The Economic History Review
Volume
79
Issue
3
Pages
1210–1234
Publication date
9 February 2026
Language
EN