Publication - Statistics
GDP Monthly Estimate: March 2024
Gross Domestic Product (GDP) statistics measure changes in the output of the economy. This is an Official Statistics in Development publication for Scotland.
Scotland’s onshore GDP is estimated to have grown by 0.4% in March. This follows upwardly revised growth of 0.1% in February, and downwardly revised growth of 0.2% in January.
In the three months to March, GDP is estimated to have grown by 0.7% compared to the three months to December. On a quarterly basis, this this is equivalent to growth of 0.7% in 2024 Quarter 1, following the decline of 0.5% in 2023 Quarter 4. For further details, see the GDP first quarterly estimate for 2024 Quarter 1.
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