Financial services

• 190,200 people currently work in the financial services industry in Scotland  
• As of 2020, the median advertised salary for jobs in this industry was £35,100 
• Financial services adds an estimated £9,634m to the overall Scottish economy 
• There are around 28,865 businesses operating in finance currently 

*Information provided by Oxford Economics, Burning Glass Technologies, and Scottish Enterprise

Due to the COVID-19 (Coronavirus) pandemic, the jobs market is constantly changing. All future figures are estimated:

• ​​​​​​​​​​​​​The industry will need an estimated 13,000 jobs to be replaced or created between 2020 and 2023 
• Replacement need for this sector is predicted to grow to 28,000 jobs between 2023 and 2030 
• Digital skills will be in demand as changes in technology lead to new ways of interacting with customers and analysing the market 
• Customer service roles will continue to be important, especially with the development of new technology like banking apps ​​​​​​​