- 17 Jun 2020
- This is the first estimate of Scotland’s Gross Domestic Product (GDP) for 2020 Quarter 1 (January to March). This publication captures the first direct effects of the coronavirus (COVID-19) pandemic, and the government measures taken to reduce transmission of the virus.
- Scotland’s Gross Domestic Product (GDP) contracted by -2.5% in real terms during the first quarter of 2020, following growth of 0.7% in the fourth quarter of 2019. The equivalent growth rate for the UK as a whole during the first quarter was -2.0%.
- Compared to the same quarter last year, Scotland's GDP has contracted by -2.3%, compared to equivalent UK growth over the same period of -1.6%.
- The largest single contribution to change this quarter came from the Production sector, particularly Manufacturing.
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