We aim to make Scotland a more successful country by building on our economic strengths and creating opportunities for all.

Our National Strategy for Economic Transformation sets out what we will do to create a more prosperous, fairer and greener economy that works for everyone.

It also sets our vision for a wellbeing economy: a society that is thriving across economic, social and environmental dimensions, and that delivers prosperity for all Scotland’s people and places, within environmental limits.

We have published detailed delivery plans setting out how we will work with partners to implement the strategy. An equality impact assessment has been completed for each programme as well as the overall strategy.


The Strategy will deliver change by focusing on five key areas: 

  • entrepreneurial people and culture: we will invest in Scotland’s world-class culture of innovation and entrepreneurship
  • new market opportunities: we will capitalise on opportunities created by new markets and the green economy to create new, well-paid jobs
  • productive businesses and regions: we will support Scotland’s businesses, regions, industries, communities and public services to increase productivity and innovation
  • skilled workforce: we will equip people with the skills they need at every stage of life, and work with employers to meet their skills requirements
  • a fairer and more equal society: we will work to ensure fair work is at the heart of our economy, with high rates of employment and wage growth and better outcomes for families and communities

We will also focus on a culture of delivery and draw on the strengths of people and organisations from all sectors of the economy to realise our ambitions.

Find out more

Watch a video on the National Strategy for Economic Transformation


Supporting and related documents

We have also published an equality position statement, children's rights and wellbeing screening, Fairer Scotland Duty summary and island communities impact assessment.

An 'easy read' version of the Strategy will be available soon.

Supporting the National Strategy for Economic Transformation

The National Strategy for Economic Transformation is supported by:


The National Strategy for Economic Transformation has been written in conjunction with business leaders, academics, trade unions and economists that were appointed to an Advisory Council.

It updates the previous economic strategy published in 2015.


Email: NSET@gov.scot

Office of the Chief Economic Adviser
St Andrews House
Regent Road

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