Technical Information: Economy: Our thriving, sustainable economy conserves and grows our natural assets

Last updated: 25 June 2025

Natural capital accounts

Indicator Updated: 25 June 2025

Year Value of Natural Capital (Million Pounds)
2016 5613.41
2017 4757.84
2018 4512.51
2019 4731.56
2020 4580.38
2021 3301.75
2022 5872.13

The UK Natural Capital Accounts (NCAs) produced by the Office for National Statistics (ONS) take a range of ecosystem services and aim to value, in monetary terms, the benefits they bring to society. Within the UK NCAs, data is available for Scotland on the “annual value” and overall lifetime “asset value” to the Scottish economy of sixteen ecosystem services, split into three broad categories:

  • Provisioning services - material outputs such as fish, timber and fossil fuels
  • Regulating services - that help to maintain the quality of the environment, such as greenhouse gas regulation, air pollution removal and noise mitigation
  • Cultural services - such as recreation, tourism and aesthetics

The NCAs should be interpreted as a minimum value of the services provided by the natural environment as not all services can currently be monetised, such as pollination or flood protection.

Source: UK natural capital accounts 2024. These are official statistics in development, further information about the methodology is available at UK natural capital accounts methodology guide: 2024 - Office for National Statistics.

Update Frequency: Annual

Further Information: Summary of Scottish Data from UK Natural Capital Accounts, 2024

Natural capital asset index

Indicator Updated: 25 June 2025

Year Natural Capital Asset Index (relative to 2000)
2000 100.00
2001 100.16
2002 100.47
2003 100.75
2004 100.92
2005 101.22
2006 101.31
2007 101.27
2008 101.02
2009 100.66
2010 100.01
2011 99.56
2012 99.33
2013 99.57
2014 100.06
2015 100.86
2016 101.50
2017 102.16
2018 102.46
2019 102.58
2020 102.65
2021 102.66

This National Performance Framework indicator measures the ability which our natural assets have to provide ecosystem services to society (through measurements of their quantity and quality) now and into the future. The Natural Capital Asset Index (NCAI) is a composite index, based (i.e. equal to 100) in the year 2000.

It is recognised that at this point in time, the NCAI still requires further development and refinement. The Scottish Government will continue to work closely with key stakeholders over time to develop the NCAI and other potential future measures.

Source: Scotland’s Natural Capital Asset Index.

Update Frequency: Annual

Further Information: Scotland’s Natural Capital Asset Index.