Mr. ErnieRoss asked the Secretary of State for Scotland if he will provide a list of the percentage contribution that oil and gas production has made to the Scottish gross domestic product since production commenced.
§ Mr. Alexander FletcherThe percentage of total Scottish gross domestic product arising directly from offshore oil 633W and gas production and exploration (MLH 104) is estimated at 0.5 (or £57.6 million) in 1977, the only year for which estimates are readily available. In the same year, the gross domestic product generated in Scotland by oil-related firms more generally is estimated at £518 million, or 4.7 per cent of total Scottish gross domestic product.
Gross domestic product in Scotland arising from oil and gas production is defined to include only the income from employment of employees resident in Scotland. All other components of gross domestic product arising from such production, such as profits, are attributed to the continental shelf region. The estimates of gross domestic product above include an allowance for the income from employment of residents in Scotland employed by foreign-owned companies classified to MLH 104.