- New study reveals Scotch Whisky’s massive economic impact across Scotland -
Figures released today (Sunday 30 May 2010) reveal that Scotch Whisky is worth £4 billion a
y ear in added value to the Scottish economy - with the industry spending in excess of £1.1 billion
annually on supplies produced north of the Border.
A new study - The Economic Impact of Scotch Whisky Production in Scotland - by Verso
Economics, also reveals the industry’s annual turnover in Scotland is now £6.4 billion and that
after oil & gas the sector remains the country’s leading manufactured export , with shipments of
£3.1 billion a year.
The spending with Scottish suppliers, which includes £200 mi llion on cereals, helps support
35,000 Scottish jobs, with the industry itself directly employing 10,300 people across the country.
The study, commissioned by The Scotch Whisky Association, also reveals:
Spending with Scottish suppliers has increased by 61% since 2000
Export value has grown by 42% since 2000 (from £2.2 billion)
Capital spending of £355 million a year, of which nearly a third is invested in Scotland
Scotch Whisky’s economic impact is as significant as tourism - with employees adding
twelve times more value per head
Industry productivity at £262,000 per employee is six times the Scottish average
One fifth of Scotch Whisky jobs are in the more fragile rural communities across the
Highlands & Islands
Scotch Whisky supports double the numb er of Scottish jobs than those in aerospace &
defence, as well as a similar number to those employed in Scottish universities