GDP Monthly Estimate: April 2024

Scotland’s onshore GDP is estimated to have remained flat (0.0% change) in April. This follows upwardly revised growth of 0.5% in March.

In the three months to April, GDP is estimated to have grown by 0.8% compared to the previous three month period. This indicates a slight improvement in Quarter 2 so far, after the unrevised growth of 0.7% in 2024 Quarter 1 (January to March).

In April, output in the services sector, which accounts for around three quarters of the economy, is estimated to have contracted by 0.1%. The largest contribution to growth in April was from Manufacturing, which contributed 0.3 percentage points to overall growth. Production sector output grew by 1.4% in April.