Question reference: S6W-25271
- Asked by: Douglas Lumsden, MSP for North East Scotland, Scottish Conservative and Unionist Party
- Date lodged: 6 February 2024
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Current status: Answered by Mairi McAllan on 27 February 2024
Question
To ask the Scottish Government what the gross value added (GVA) of the oil and gas industry in Scotland has been in each financial year from 2014-15 to date (a) in monetary terms and (b) as a percentage of Scotland’s total GVA.
Answer
Financial year (April to March) | (a) Oil & gas extraction in Scottish adjacent waters, GVA in current prices (£ million) | (b) Oil & gas extraction in Scottish adjacent waters, GVA as a percentage of total GVA for Scotland |
2014-15 | 11,182 | 7.9% |
2015-16 | 7,354 | 5.3% |
2016-17 | 8,900 | 6.2% |
2017-18 | 12,451 | 8.1% |
2018-19 | 17,170 | 10.6% |
2019-20 | 16,137 | 9.8% |
2020-21 | 9,468 | 6.4% |
2021-22 | 19,295 | 11.2% |
2022-23 | 20,636 | 10.8% |
Source: GDP Quarterly National Accounts: 2023 Quarter 3 (July to September) - gov.scot (www.gov.scot) (31 Jan 2024) calculations based on data in Supplementary Tables 10 and 3.