GDP Monthly Estimate: May 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 0.3% in May. This follows growth of 0.2% in April, (revised from 0.0%).
In the three months to May, GDP is estimated to have grown by 0.9% compared to the previous three month period. This indicates an improvement in quarterly growth after the growth of 0.5% (revised from 0.7%) in 2024 Quarter 1 (January to March).
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