Publication - Statistics

GDP Quarterly National Accounts for Scotland: 2019 Q4

Published: 29 April 2020
Directorate: Chief Economist Directorate
Topic: Economy

Gross Domestic Product (GDP) Quarterly National Accounts (QNAS) statistics for 2019 Quarter 4 (October-December).

A National Statistics Publication for Scotland

This publication contains results which date before the COVID-19 pandemic. It includes the updated second estimate of onshore GDP growth in real terms for the final quarter of 2019, the cash value and additional breakdowns of GDP, and key household sector statistics.

The way that we work is changing in response to COVID-19, and the Scottish Government is developing new monthly economic statistics which will help to track the impact on the economy. Further details can be found on page 9 of the full publication.

Headline results:

Scotland’s GDP is estimated to have grown by 0.2% in real terms during the fourth quarter of 2019, unrevised from the first estimate published in March. The equivalent growth rate for the UK as a whole was 0.0%.
Compared to the same quarter last year, Scotland’s GDP has grown by 0.6%, revised down from the first estimate of 0.7%. Equivalent UK growth over the year was 1.1%.
For 2019, Scotland’s annual GDP growth is 0.7% compared to 2018, revised down from the first estimate of 0.8%. Equivalent annual UK growth was 1.4%.

Correction: 5 May 2020 - the Detailed Supplementary Tables file was found to contain some columns in the wrong order in Table 11. This has been corrected.