GDP statistics for Scotland for September and Q3 2024

Commenting on a rise of 0.3% for the third quarter of 2024, with an increase of 0.3% in onshore GDP for September, Deputy First Minister Kate Forbes said:

“Scotland's economy is recovering steadily, having grown over the last three quarters. It is particularly encouraging to see that output in the services sector is up 0.5%.

“As part of Scottish Government action to drive growth, I have this week announced a range of measures to increase the level of private investment into the economy, including a dedicated Investment Unit co-ordinated by a new Cabinet sub-committee.

“We will work better, smarter and quicker to create an investor-friendly environment and seize the many opportunities for growing the green economy while improving Scotland's public services.”

Background

Monthly GDP Estimates for September - gov.scot (www.gov.scot) shows In 2024 Quarter 3 (July to September), Scotland's GDP grew by 0.3% compared to the previous quarter. UK GDP grew 0.1% in the same period.

Supporting sustainable investment in Scotland - gov.scot (www.gov.scot)