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Quarterly National Accounts Scotland, Fourth Quarter 2013

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Title:Quarterly National Accounts Scotland, Fourth Quarter 2013
Description:An Official Statistics Publication for Scotland. Quarterly National Accounts statistics release for the fourth quarter of 2013
File:Statistical Bulletin - Quarterly National Accounts 2013 Q4 [PDF, 645.6 kb: 13 May 2014]
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File:Publication Summary Tables - Quarterly National Accounts 2013 Q4 [XLS, 304.6 kb: 14 May 2014]
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File:Detailed Supplementary Tables - Quarterly National Accounts 2013 Q4 [XLS, 404.5 kb: 14 May 2014]
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Key Findings

Quarterly National Accounts Scotland

Quarter 4 2013

An Official Statistics Publication For Scotland

Date: 14 May 2014

KEY FINDINGS
  • In 2013, onshore Scottish Gross Domestic Product (GDP) is estimated to have been £129 billion. GDP per capita was £24,300.
  • If a population share of extra-regio (offshore) activity is assigned to Scotland, GDP in 2013 was £131 billion in total, or £24,700 per capita.
  • Including a geographical share of extra-regio (offshore) activity, GDP in 2013 was £148 billion in total, or £27,800 per capita.
  • Household final consumption expenditure increased by 0.1% in current price (nominal) terms during the fourth quarter of 2013. The level of household expenditure is now 3.8% higher (£745 million) than in 2012 Q4.
  • Compensation of employees fell by 0.6% in current prices over the quarter, and grew by 1.0% compared to a year earlier.
  • Gross Disposable Income fell by 0.5% in current prices during the fourth quarter of 2013, but grew by 0.5% compared to 2012 Q4.
  • The household savings ratio was 4.3% in the fourth quarter of 2013, down from 5.7% in the previous quarter. This has fluctuated between 4 and 7% over the last year, and is now at its lowest level since early 2009.

 

ABOUT THIS PUBLICATION

This release provides users with a range of macroeconomic statistics for Scotland, including GDP measured using output, income and expenditure approaches, estimates of UK extra-regio activities attributable to Scotland, household sector accounts, and public sector revenues. More information on the content of this bulletin and on the uses made of the statistics can be found in the background notes.