and promotes the interests of crofting in Scotland
to secure the future of crofting.
Crofting's Economic Impact: A £588 Million Powerhouse for Scotland, New Report Reveals
23/09/2024
A landmark report commissioned by the Crofting Commission, and prepared by BiGGAR Economics, has unveiled the extraordinary economic contribution of crofting to Scotland. The findings reveal that crofting generates a staggering £588 million in Gross Value Added (GVA) annually and sustains an impressive 30,385 jobs across the country.
The report, titled "The Value of Crofting", paints a picture of a sector that punches well above its weight. A remarkable 80% of the wealth created by crofting is retained within the crofting counties, illustrating its pivotal role in revitalising rural communities.
Crofting also delivers exceptional value for public investment. For every £1 of public funds invested in crofting, an impressive £13 GVA is generated for the Scottish economy.
Malcolm Mathieson, Chair of the Crofting Commission, expressed his enthusiasm: "This report confirms what we've always known: crofting is a vital part of Scotland's economic fabric. It's not just about agriculture; it's about creating sustainable livelihoods and thriving communities in some of the most beautiful but challenging parts of the Highlands and Islands. These figures clearly show us that the benefits to rural communities, if crofting regulation were to be extended to all of Scotland, could benefit the whole country."
Chief Executive of the Crofting Commission, Gary Campbell, emphasised the report also provides a platform for further research: "We were delighted to be able to work with BiGGAR Economics given their proven track record in the agricultural and rural economy sectors. The methodology used by BiGGAR, and the conclusions that have been drawn, also show that crofting plays a critical role in environmental stewardship, cultural preservation and the fight against climate change, all of which we plan to use as basis for future research. Overall, though, this report underscores the importance of continued support for crofting as we build a prosperous and resilient future for Scotland."
The report highlights crofting's ability to sustain communities in the crofting counties of Scotland. It showcases the sector's resilience, adaptability, and its significant potential for future growth.
Key Findings:
· Crofting contributes £588 million GVA to the Scottish economy annually.
· The sector supports 30,385 jobs across Scotland.
· 80% of the wealth generated by crofting stays within the crofting counties.
· Every £1 of public investment in crofting generates £13 GVA for the Scottish economy.
This report serves as a powerful testament to the economic, social, and environmental value of crofting. It makes a compelling case for continued investment and support for this vital sector, which is poised to play an even greater role in Scotland's sustainable future.
The full report, as written by BiGGar Economics, can be found here.
