Wellbeing economy monitor: December 2023 update

The monitor brings together a range of indicators to provide a baseline for assessing progress towards the development of a wellbeing economy in Scotland.


1. Children, Young People and Families Outcomes Framework - Core Wellbeing Indicators: analysis - gov.scot (www.gov.scot)

2. Children and Young People (Scotland) Act 2014 (legislation.gov.uk)

3. OECD Better Life Index

4. Towards a robust, resilient wellbeing economy for Scotland (www.gov.scot)

5. Economic Recovery Implementation Plan: Scottish Government response to the Advisory Group on Economic Recovery - gov.scot (www.gov.scot)

6. Wellbeing Economy Governments (WEGo) - gov.scot (www.gov.scot)

7. This reduction was less than 2020's figure of 58.7%.

8. For this age group, in 2023 participation in education was 71.3%, training and development was 1.6% and employment was 21.4%. annual-participation-measure-2022-report.pdf (skillsdevelopmentscotland.co.uk)

9. The Environment Strategy for Scotland: vision and outcomes - gov.scot (www.gov.scot)

10. These gases are weighted by their Global Warming Potential (GWP), so that total greenhouse gas emissions can be reported on a consistent basis. The GWP for each gas is defined as its warming influence relative to that of carbon dioxide over a 100-year period. Greenhouse gas emissions are then presented in carbon dioxide equivalent (CO2e) units. The GWPs are based on international reporting standards, as set by the Intergovernmental Panel on Climate Change (IPCC).

11. statistics.gov.scot : Carbon Footprint

12. The Environment Strategy for Scotland: vision and outcomes - gov.scot (www.gov.scot)

13. Scottish biodiversity strategy - Biodiversity - gov.scot (www.gov.scot)

14. Environment | National Performance Framework

15. State-of-nature-Report-2019-Scotland-full-report.pdf (nbn.org.uk)

16. Scotland's Marine Assessment 2020 | Scotland's Marine Assessment 2020

17. State of Nature 2023 - report on the UK's current biodiversity

18. Scotland's National Strategy for Economic Transformation - gov.scot (www.gov.scot)

19. Beyond the averages: the relationship between higher education and wellbeing - What Works Wellbeing

20. Education for Sustainable Development Goals: learning objectives; 2017 (unesco.de)

21. The OECD measure is similar to the NPF measure however the OECD measure includes those who do not know their highest qualification level while they are not included in the NPF measure. There is also a further small difference in the qualifications included within both measures. The OECD measure is based on ISCED 2011 educational attainment levels (0-2) while the NPF is based on the individual's highest qualification being low or no qualifications.

22. Understanding the links between children's mental health and socio-economic status - What Works Wellbeing

23. Child poverty - Poverty and social justice - gov.scot (www.gov.scot)

24. Children and Young People | National Performance Framework

25. Children, Young People and Families Outcomes Framework: Core Wellbeing Indicators – National Reporting (www.gov.scot)

26. active_travel.pdf (transport.gov.scot)

27. Health | National Performance Framework

28. FailureDemand_FinalReport_September2021.pdf (weall.org)

29. Avoidable-mortality-2019-Joint-OECD-Eurostat-List-preventable-treatable-causes-of-death.pdf

30. Age-standardised Death Rates Calculated Using the European Standard Population | National Records of Scotland (nrscotland.gov.uk)

31. Health | National Performance Framework

32. Briefing 58: Poverty, economic inequality and mental health | Centre for Mental Health

33. Poverty | National Performance Framework

34. CTGBriefing24 (closethegap.org.uk)

35. SN06838.pdf (parliament.uk)

36. Covid Recovery Strategy: for a fairer future - gov.scot (www.gov.scot)

37. Fair Work in Scotland Report - The Fair Work Convention

38. Scotland's National Strategy for Economic Transformation - gov.scot (www.gov.scot)

39. A fairer Scotland for women: gender pay gap action plan - gov.scot (www.gov.scot)

40. Gender pay gap in the UK - Office for National Statistics (ons.gov.uk) The change to the SOC codes as mentioned in the RLW commentary notes should also be included here for the discontinuity in the series pre- and post-2021.

41. For a definition of each participation category: annual-participation-measure-background-notes.pdf (skillsdevelopmentscotland.co.uk)

42. Education | National Performance Framework

43. Children, Young People and Families Outcomes Framework: Core Wellbeing Indicators – National Reporting (www.gov.scot)

44. A short guide to gross fixed capital formation and business investment - Office for National Statistics (ons.gov.uk)

45. Delivering Economic Prosperity (www.gov.scot)

46. Good for Society | Living Wage Foundation

47. To note, this is not the same as the Minimum Wage or the National Living Wage, which are both statutory minimums set by the UK Government. For more on how the real living wage is calculated see here: Living wage: Calculating the Real Living Wage (resolutionfoundation.org)

48. Covid Recovery Strategy: for a fairer future - gov.scot (www.gov.scot)

49. Fair Work in Scotland Report - The Fair Work Convention

50. In April 2022, the period which the 2022 estimates relate to, the real living wage rate for the UK was £9.90. There is a separate real living wage rate for employees in London (£11.05 in April 2022).

51. The dashed line in Figure 12 represents a discontinuity in the series due to change in occupational coding from SOC 2010 to SOC 2020.

52. Annual survey of hours and earnings: 2022 - gov.scot (www.gov.scot)

53. Income inequality and health: A causal review - ScienceDirect; The Health Effects of Income Inequality: Averages and Disparities - PubMed (nih.gov)

54. Economy | National Performance Framework

55. Wealth in Scotland 2006-2020 (data.gov.scot)

56. Definitions of types of wealth: Wealth in Scotland 2006-2020 (data.gov.scot)

57. Palma ratio data: Wealth in Scotland 2006-2020 (data.gov.scot)

58. Poverty | National Performance Framework

59. Detail on definitions (assets and community groups) and data collection: Supporting documents - Community Ownership in Scotland 2021 - gov.scot (www.gov.scot); or statistics.gov.scot : Community Ownership – Number of Assets

60. Community Ownership in Scotland 2022 - gov.scot (www.gov.scot)


Email: wellbeing.economy@gov.scot

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