Scotland's marine economic statistics 2018

Statistics on the economic contributions of Scotland’s marine sectors in 2018. Includes a time series of Gross Value Added (GVA), turnover and employment for industrial categories defined as part of the marine sector.

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10. Renting & leasing of water transport equipment

10.1 Introduction

This class includes renting and leasing of marine passenger and freight transport equipment e.g. commercial boats and ships, without an operator. It excludes renting of pleasure boats, water-transport equipment with operator and financial leasing.

10.2 Key economic points 

In 2018, renting and leasing of water transport equipment generated £16 million in GVA: accounting for 0.01% of the overall Scottish economy and 0.4% of the marine economy GVA

The renting and leasing industry provided employment for around 200 people (headcount), contributing 0.01% of the total Scottish employment and 0.3% of the marine economy employment. 

10.3 Renting and leasing – trends

From 2017 to 2018, the GVA from the renting and leasing industry (adjusted to 2018 prices) increased by 46%, while the longer term trend from 2009 to 2018 showed that renting and leasing GVA increased by 65%.

From 2009 to 2018, employment was unchanged, though the low numbers employed in the industry mean relatively small changes can generate large percentage differences. For the duration of the time series, employment in the industry sector has been between 100 or 200 people (headcount), which is at the limit of the accuracy of the SABS survey figures.  

Table 15: Renting and leasing of water transport equipment  - GVA, turnover, employment and GVA per head, 2009 to 2018 (2018 prices)
Year GVA Turnover Employment GVA Per Head
£M £M  '000s £
2009 10 21 0.2 47,902
2010 6 12 0.1 59,837
2011 8 14 0.1 77,811
2012 5 12 0.2 27,178
2013 7 12 0.1 68,587
2014 5 13 0.1 54,525
2015 11 19 0.1 107,356
2016 8 14 0.1 84,296
2017 11 18 0.1 108,264
2018 16 26 0.2 79,000
Figure 17: Renting and leasing of water transport equipment - GVA and employment (headcount), Scotland, 2009 to 2018 (2018 prices)
Figure 17 - Chart showing trends from 2009 to 2018 in the renting and the leasing of water transport equipment sector GVA and employment. GVA shown at 2018 prices.

10.4 Renting and leasing – by geography

Renting and leasing is a relatively small economic sector and so geographic breakdowns of the data are not available.  

Contact

Email: marineanalysis@gov.scot

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