The industry also directly employed 10,900 people and supported a further 300,000 across the UK supply chain, it added.
For every £1M of value added by the Scotch whisky industry, a further £520,000 is added across the rest of the UK.
SWA boss David Frost claimed the report showed how significant Scotch whisky was to the wider UK economy.
“Scotch whisky is a high-quality, much-loved drink with a global reputation,” he said.
Cut excise duty
“Given the scale and impact of the industry, we believe the government should show its support and recognise Scotch as a cultural asset that boosts growth and jobs and supports communities by cutting excise duty by 2% in the Budget.”
It was unfair on the industry and consumers that almost 80% of the average price of a bottle of Scotch whisky was taxed, he added.
The ‘Drop the Duty!’ campaign to cut alcohol duty by 2% is supported by the SWA, the Wine and Spirit Trade Association and The Taxpayers’ Alliance.