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Gross Domestic Product for Scotland, 2011 Q1

DescriptionA National Statistics Publication for Scotland. Estimates of GDP at constant basic prices, also known as Gross Value Added (GVA), for Scotland for the first quarter of 2011
ISBN
Official Print Publication Date
Website Publication DateJuly 20, 2011

GROSS DOMESTIC PRODUCT FOR SCOTLAND
1st QUARTER 2011

A National Statistics Publication for Scotland

To download a pdf version of the Statistical Bulletin, please use the following link:GDP 2011 Q1 PDF

To download an Excel version of the results tables, please use the following link:GDP 2011 Q1 XLS

Date: 20 July 2011

Key Findings

Scottish Gross Domestic Product (GDP) in constant basic prices grew by 0.1 per cent during the first quarter of 2011.

The largest contribution to growth was from the Services sector, which grew by 0.3 per cent over the quarter. The Production sector experienced growth of 0.9 per cent, within which Manufacturing output grew by 2.2 per cent. Output in the Construction sector fell 3.6 per cent.

On an annual basis, comparing the most recent four quarters to the previous four quarters (4Q-on-4Q), GDP grew by 1.3 per cent.

GDP 1

GDP

GDP Analysed by Industry Sector

Scottish GDP in constant basic prices grew by 0.1 per cent during the first quarter of 2011, following a fall of 0.5 per cent in the final quarter of 2010. On an annual basis (4Q-on-4Q), GDP grew by 1.3 per cent in the latest quarter, compared to 0.8 per cent in 2010 Q4.

Output in the Services sector grew by 0.3 per cent over the quarter, and by 0.1 per cent annually. In the Production sector, output grew by 0.9 per cent over the quarter and by 1.6 per cent quarterly. The Construction sector experienced a fall of 3.6 per cent over the quarter, and annual growth of 13.9 per cent.

GDP 2

Among the main sectors of the economy, the largest contribution to growth was from Production sector, mostly due to growth in Manufacturing offset by a fall in Electricity, Gas & Water Supply. There were positive contributions from all four of the main components of the Services sector, with the strongest growth in Distribution, Hotels & Catering and Government & Other Services. The Construction sector made a significant negative contribution to growth this quarter.

GDP 3

Index of Production

Total production output grew by 0.9 per cent during 2011 Q1, following falls in the second half of 2010.

Manufacturing output grew by 2.2 per cent. The main contributors to this growth were Chemical Products (+7.4%) and Food & Drink (+2.3%). There was also growth in Refined Petroleum & Nuclear Fuel (+12.3%), Other Manufacturing (+1.2%), Metals (+1.7%), Engineering & Allied Industries (+0.5%) and Textiles, Leather & Clothing (+2.5%).

Output in Mining and Quarrying grew by 2.8%, following a fall of 5.1% in the previous quarter. Electricity, Gas & Water Supply fell by 6.0% in the latest quarter, following growth of 1.4% in 2010 Q4.

GDP

Index of Construction

Construction output fell 3.6 per cent during 2011 Q1, following a decline of 1.1 per cent in 2010 Q4.

GDP

Index of Services

Overall output in the Services sector grew by 0.3 per cent during 2011 Q1, following a fall of 0.3 per cent in 2010 Q4.

Distribution, Hotels and Catering

Output in Distribution, Hotels and Catering increased 0.7 per cent during 2011 Q1 following growth of 0.7 per cent in 2010 Q4. The main source of this growth was in Hotels and Catering (+2.6%).

GDP

Transport, Storage and Communication

Transport, storage and communication grew 0.7 per cent during 2011 Q1, following a decline of 1.2 per cent in 2010 Q4. The main source of this growth was the Transport & Storage component (+1.0%).

GDP

Business Services and Finance

Output in Business Services and Finance grew 0.1 per cent in 2011 Q1, following a fall of 0.4 per cent in 2010 Q4. Output in Real Estate & Business Services grew by 0.3 per cent.

GDP

Government and Other Services

Output in Government and Other Services increased 0.3 per cent during 2011 Q1, compared with a decline of 0.6 per cent in 2010 Q4. The main source of this increase was the Other Services sector (+1.7%).

GDP

UK Figures

The latest figures show that UK GDP on a comparable basis (constant basic prices) grew by 0.5 per cent during the first quarter of 2011.

On an annual basis, comparing output in the latest four quarters to the previous four quarters (4Q-on-4Q), UK GDP grew by 2.0 per cent.

In the first quarter of 2011, the UK Services sector grew by 0.9 per cent, output in the Production sector fell by 0.1 per cent, and output Construction fell by 3.4 per cent.

GDP 4

On an annual basis (4Q-on-4Q), the UK experienced growth of 1.4 per cent in Services, growth of 2.6 per cent in the Production sector, and growth of 8.7 per cent in Construction.

GDP 5