Creating a wellbeing economy – gov.scot
Measuring economic, social and environmental prosperity.
A new monitor will help inform policy decisions to reduce Scotland’s vulnerability to future financial and environmental shocks, helping build a more prosperous, resilient, equal and sustainable economy.
The Wellbeing Economy Monitor will complement traditional metrics like Gross Domestic Product (GDP) and include measures such as child poverty, levels of greenhouse gas emissions and biodiversity, and fair work indicators to consider Scotland’s economic success.
Economy Secretary Kate Forbes said:
“Our vision for Scotland’s economy is to create a system which prioritises the collective wellbeing of current and future generations. While traditional economic metrics, such as GDP, will remain important measures of Scotland’s economic success, this new monitor will ensure we are tracking how to build a…