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Is Scotland richer than the rest of the UK?

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No, it isn't. Scotland is a rich country relatively speaking, but England is almost 10 times bigger and it has London. And London is an economic monster. A measurement of wealth is GDP and GDP per capita. read more

The rest of the UK has a higher GDP than Scotland, so in that respect, no, Scotland is not richer than the rest of the UK. Per capita, in 2015, England had a per capita GVA of £26,159 compared to Scotlands £23,685 so in that respect, no Scotland is not richer than the UK. read more

Verdict: There's nothing wrong with the arithmetic in the FT's analysis, but it does not imply that independence will cause Scotland to become richer than the rest of the UK or that Scotland would be among the top 20 wealthiest countries. read more

The figure represented 9.3% of total UK public spending of £693.6bn. Scotland has 8.4% of the UK population. The biggest single expenditure was "social protection" – welfare and pensions – amounting to £21.7bn. Public spending per head in Scotland was £12,134. The figure was £1197 higher than that across the UK as a whole at £10,937. read more

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