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Fife's manufacturing sector a major contributor to national GVA

Newly released figures from the Scottish Annual Business Statistics (SABS) 2012 show that Fife's manufacturing sector is a major contributor to Scotland's manufacturing GVA.

In 2012, Fife provided 8.1% of Scotland's total GVA within manufacturing, after Glasgow and Aberdeen Cities (10.2% and 8.3% respectively).

Scotland's Annual Business Statistics 2012, published today (20 August 2014) by Scotland's Chief Statistician, include financial and employment statistics on businesses operating in Scotland, by industry sector, local authority area and company ownership.

The tables include information on businesses' employment, turnover, purchases, approximate gross value added and labour costs.

Other key findings from the statistics include:

In 2012, within services as covered by SABS, the three largest contributions to GVA came from: retail trade at £6.1 billion (14.2% of total services GVA), architectural & engineering activities at £4.5 billion (10.4%) and legal & accounting activities at £2.3 billion (5.2%). Together these three industries accounted for 29.9% of total services GVA.

In 2012, within manufacturing, the three largest contributions to GVA came from: the beverages sector at £2.3 billion (19.3% of total manufacturing GVA), metal products at £1.4 billion (11.9%) and food products at £1.4 billion (11.4%). Together these three industries accounted for 42.6% of total manufacturing GVA.

In 2012, within construction, foreign-owned businesses accounted for 4.8% of GVA, whereas within manufacturing, foreign-owned businesses accounted for 39.9% of GVA.

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