BICS weighted Scotland estimates: data to wave 120

Business Insights and Conditions Survey (BICS) weighted Scotland estimates containing data to wave 120


Business Performance

In November 2024 businesses were asked how they expect their business’s overall perfomance to change over the next 12 months.

Figure 5: In November 2024, 30.9% of respondents thought their business’s performance would increase over the next 12 months, the lowest percentage since November 2022. An estimated 11.7% of businesses expected performance to decrease, the highest percentage since December 2022.

Estimated share of businesses by expected business performance over the next 12 months. Businesses not permanently stopped trading - with 10+ employees and a presence in Scotland. Applicable waves 55 to 120.

A line chart showing that in November 2024, 30.9% of businesses expected their business performance to increase over the next 12 months, the lowest percentage since November 2022. 11.7% expected it to decrease, the highest percentage since December 2022.

Source: BICS weighted Scotland estimates - data to Wave 120 from the Scottish Government. For Figure 5 data see table ‘BusinessPerformanceExpect’.

Note that those answering ‘Not sure’ are not included in the chart.

Contact

For enquiries about this publication please contact:
Marina Curran
Business & Innovation Statistics
Office of the Chief Economic Adviser
e-mail: industrystatistics@gov.scot

For general enquiries about Scottish Government statistics please contact:
Office of the Chief Statistician
e-mail: statistics.enquiries@gov.scot
 

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