Scotland’s onshore GDP grew by 0.1% in September, according to
statistics announced today by the Chief Statistician. This
follows 0.2% growth in August (revised up from 0.1%).
In September, output in the services sector, which accounts for
around three quarters of the economy, is estimated to have fallen
by 0.4%, after growth of 0.4% in August. Production sector output
grew by 2.7% in September, with growth of 17% in Electricity and
Gas Supply making the largest positive contribution to the
overall GDP result.
In the three months to September, GDP is estimated to have grown
by 0.4% compared to the previous three month period. This
reflects a growth in the economy during the third quarter of
2023, after the 0.3% contraction in Quarter 2 2023 (April to
June) reported in the Quarterly National Accounts, released 1
November 2023.
Background
The quarterly statistical publication and data are available at:
https://www.gov.scot/publications/first-estimate-of-gdp-2023-q3/
The monthly statistical publication and data are available at:
https://www.gov.scot/publications/monthly-gdp-september-2023/
All results are seasonally adjusted and presented in real terms
(adjusted to remove inflation). GDP growth in this publication
relates to Scotland’s onshore economy, which means it does not
include the output of offshore oil and gas extraction.
Further information on GDP statistics is available at http://www.gov.scot/gdp
These estimates are compiled in line with the Code of Practice
for Statistics – more information on the standards of official
statistics can be accessed at: https://www.statisticsauthority.gov.uk/code-of-practice/
