Economy

Glasgow's economic success story

As Scotland's largest city, Glasgow's population of more than 635,000 is at the centre of a metropolitan region of 1.85m which generated £47.3bn GVA in 2019.

Glasgow City Region is the largest integrated economic region in Scotland with around a third of Scotland's output, business base, research power and employment.

As one of the largest city region economies in the UK, Glasgow is now well established as a global business destination. Key factors in this success are sector diversification, a strong and growing business and technology base and a highly skilled, experienced workforce.

Glasgow's growth and diversification has rapidly grown its jobs base, significantly reduced its unemployment rate and refined its strengths in high productivity sectors.

The financial and business services sector, including the city's burgeoning fintech community is a prominent example alongside similar growth in the digital and creative industries, life sciences including healthcare and precision medicine, advanced manufacturing, the green economy and the space sector, all transforming the city region into a powerful economic engine.

Today, Glasgow is a modern city, with a vision to create a thriving and inclusive economy where everyone can flourish and benefit from its successes.

More information on Glasgow's economy is available here.

top