Frequently Asked Questions - Is Scotland’s economy dependent on oil?
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Not at all. Scotland has a mixed and varied economy that supports employment right across the country. Scotland’s economy is diverse, with key strengths across a range of sectors such as food and drink, tourism, creative industries, life sciences, universities, financial services and manufacturing.
Oil and gas revenue makes up a smaller part of Scotland’s economy than is the case for other oil producing countries. For example, over the period 2000/01 to 2011/12, oil and gas revenues accounted for 15 per cent of Scotland’s overall tax income, compared to 30 per cent for Norway.
Source: Scotland's Future, Scottish Government, November 2013.