GDP Monthly Estimate: October 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 fallen by 0.5% in October. This follows unrevised growth of 0.1% in September and 0.2% in August.
In the three months to October, GDP is estimated to have grown by 0.2% compared to the previous three month period. This indicates a fall in growth, relative to the increase of 0.4% in 2023 Quarter 3 (July to September).
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