GDP monthly estimate: December 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 0.4% in December. This follows no growth (0.0% change) in November (revised from -0.1%) and a 0.8% contraction in October (revised from -0.6%).
In Quarter 4 as a whole (October to December), GDP is estimated to have contracted by 0.6%, following growth of 0.4% in 2023 Quarter 3 (July to September). Further information on quarterly GDP can be found in the First Estimate of GDP for 2023 Quarter 4.
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