Currency | Pound Sterling (£) |
---|---|
Trade organisations | Core Cities Group |
Country group | Scotland Economy of Scotland |
Statistics | |
Population | 635,000 (City, 2021) 1.85million (Urban, 2021)[1] |
GDP | £25.8 billion[2] |
GDP per capita | £36,458 $47,282[3] |
Labour force | 327,200 / 74.4% in employment (Jan 2023-Dec 2023)[a][4] |
Labour force by occupation | List
|
Unemployment | 16,800 / 5.1% (Jan 2023-Dec 2023)[c][6] |
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. By Gross Domestic Product (GDP) figures, Glasgow City is the second highest amongst Scottish areas, behind, Edinburgh, and ahead of Aberdeen and Aberdeenshire.[7] In 2021, Glasgow's GDP was estimated at just under 25.8 billion pounds,[8] with an estimated £48billion in Gross Value Added (GVA) in 2021.[9]
Together with the countries capital city, Edinburgh and is associated economy, the central belt of Scotland is one of the 20 largest urban regions in Europe.[10] Based on Gross Value Added (GVA) and GVA per head figures in 2015, Glasgow's economy was the fifth largest amongst the cities of the United Kingdom.[11][12]
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