28-06-16, 12:42 AM
Scotland's currency could have a big effect on GDP after independence Scotland is a comparatively rich country when you consider that the population is relatively small, but the figures being used are looking at the position of Scotland as it currently stands within the set-up of the UK.
Much would depend on the negotiations after the referendum, and the investment decisions of big companies.
The size of any country's GDP is hugely affected by the currency too, so if whether or not Scotland were to stay in a Sterling currency union, could have a big effect.
The GDP per person figures also do not show how wealth is spread out within a country. Scotland may well be comparatively rich as an independent country, but whether or not large parts of the population would "feel rich" would depend on the policies of a post-independence Scottish government.
How much would the GDP of Scotland change if it became independent?
Much would depend on the negotiations after the referendum, and the investment decisions of big companies.
The size of any country's GDP is hugely affected by the currency too, so if whether or not Scotland were to stay in a Sterling currency union, could have a big effect.
The GDP per person figures also do not show how wealth is spread out within a country. Scotland may well be comparatively rich as an independent country, but whether or not large parts of the population would "feel rich" would depend on the policies of a post-independence Scottish government.
How much would the GDP of Scotland change if it became independent?