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
Unionism in the United Kingdom single Parliament of Great Britain at Westminster as well as a customs and monetary union. However, England and Scotland remained separate legal jurisdictions. In 1801, the Acts of Union 1800 united the Kingdom of Great Britain with the Kingdom of Ireland, through two similar independent acts of the Parliament of Great Britain and the Parliament of Ireland. This created the United Kingdom of Great Britain and Ireland on a similar basis to how England and Scotland had been united a century earlier. A campaign to repeal the Union in Ireland began immediately. A series of efforts in the late 19th