GDP Monthly Estimate: October 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 contracted by 0.2% in October. This follows unrevised 0.3% growth in September.
In the three months to October GDP is estimated to have remained flat (0.0% change). This is a decrease compared to the Quarter 3 (July to September) growth rate of 0.3%.
In October, the industry which made the biggest contribution to overall GDP was Information and Communications Services, which contributed 0.2 percentage points of contraction to headline GDP.
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