Fife is home to just over 374,000 people. It contributes to the Scottish economy with an annual business turnover of around £12,850 million. As well as supporting over 10,000 businesses and approximately 104,000 jobs, Fife is the perfect choice for enterprises attracted by proximity, first-class business propositions, a capable workforce and lower costs.
In 2017, Fife Council launched an economic strategy. It sets out how it will work together with partners to achieve more robust and sustainable growth for Fife’s businesses
Fife's Economic Strategy 2017-27 (PDF Download) is our economic strategy for the region. This strategy is soon to be revised.
The strategy identifies four priority areas:
Our Area Economic Profiles provide an overview of the economic profile of each of Fife Council's seven Committee Areas, along with information about recent business support activity. For further information about the content of these publications, or if you would like any bespoke economic details, please contact us.
The 2020 Fife Business Base Report (PowerPoint Download) provides an overview of the type and performance of businesses that are operating in Fife. It contains information about the different industrial sectors in Fife, their size, people employed and their productivity rates. Whilst most of the data relates to the pre-Covid period, the report contains a brief assessment of the initial impact to date of Covid-19 on Fife's business base.
We will update the information as new data is released.
To access a range of socio-economic, health and wellbeing information and statistics about Fife, visit the KnowFife Dataset.