GDP first quarterly estimate 2023 Q4 (October to December)
Gross Domestic Product (GDP) statistics measure the output of the economy in Scotland. The GDP first quarterly estimate is an accredited national statistics publication for Scotland.
Total output: 2023 compared to 2022
Scotland’s economy is estimated to have grown by 0.2% in 2023 compared to 2022. Over the same period UK GDP grew by 0.1%. The calendar year growth rate is based on how much GDP has changed on average across the four quarters of 2023 compared to the average of the four quarters of 2022. This is the measure used by the Scottish Fiscal Commission in its headline forecast.
Compared to 2022, Services have grown by 0.7%, Production has fallen by 3.0%, Construction has grown by 2.6% and Agriculture, Forestry & Fishing has grown by 0.2%.
Contact
If you have any enquiries relating to Economy Statistics then please contact us at:
Email: economic.statistics@gov.scot
Post:
Office of the Chief Economic Advisor: Economic Analysis
Room 4WR
St Andrews House
Regent Road
Edinburgh
EH1 3DG
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