Economy of Scotland Economy of Scotland The economy of Scotland had an estimated nominal gross domestic product (GDP) of up to £152 billion in 2015. Since the Acts of Union 1707, Scotland's economy has been closely aligned with the economy of the rest of the United Kingdom (UK) and England has historically been its main trading partner. Scotland still conducts the majority of its trade within the UK: in 2014, Scotland's exports totalled £76 billion, of which £48.5 billion (64%) was with constituent nations of the UK, £11.6 billion with the rest of the European Union (EU), and £15.2 billion with other parts
Acts of Union 1707 the 1639-1651 Wars of the Three Kingdoms. The 1639–1640 Bishops' Wars confirmed the primacy of the Presbyterian Church of Scotland or kirk and established a Covenanter government in Scotland. The Scots remained neutral when the First English Civil War began in 1642, but grew concerned as to the impact of Royalist victory on Scotland after Parliamentary defeats in the first year of the war. Religious union with England was also seen as the best way to preserve a Presbyterian kirk. The 1643 Solemn League and Covenant provided Scottish military support for the English Parliament in return for a religious union