Quarterly National Accounts Scotland
Quarter 4 2013
An Official Statistics Publication For Scotland
Date: 14 May 2014
- 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.