Economic value figures for the UK's marine sector

The Productive Seas Evidence Group (PSEG) has led a project to assess the value of the marine sector to the UK economy. The aim of this analysis has been to provide an up-to-date overview of the gross value added (GVA) generated and employment provided by the marine sector and its component industries in the UK in 2012. Going forwards, it will allow us to assess trends over time, raise awareness of the contribution the sector makes to the overall economy, and help to inform relevant policy decisions. It shows that the marine sector provided an aggregated gross value added (GVA) of £38.5 bn to the UK economy in 2012 and was responsible for 259,000 jobs – links with further details are included below.

This work has been presented to MARG and MILG, with the hope that we can all sign up to the use of these figures and ensure a consistent message across all parties within the marine sector.

 

Summary document - http://www.scotland.gov.uk/Resource/0046/00466811.pdf

 Technical note - http://www.scotland.gov.uk/Topics/marine/science/MSCC/PSEG/technote