GDP Monthly Estimate: August 2023
Gross Domestic Product (GDP) statistics measure changes in the output of the economy. This is an Official Statistics in Development publication for Scotland.
Quarterly and Monthly Results
Scotland’s onshore GDP is estimated to have grown by 0.1% in August. This follows growth of 0.2% in July (revised up from 0.1%), and a fall of 0.1% in June (revised down from 0.0%).
In the three months to August, GDP is estimated to have remained constant (0.0% growth) compared to the previous three month period. This indicates an increase in growth during the third quarter of the year so far, relative to the decrease of 0.3% in 2023 Quarter 2 (April to June). Further information on quarterly GDP can be found in the GDP Quarterly National Accounts for 2023 Quarter 2.
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