- 16 Sep 2020
This is the first estimate of Scotland’s Gross Domestic Product (GDP) for 2020 Quarter 2 (April to June). This publication captures the economic effects of the coronavirus (COVID-19) pandemic, and the government measures taken to reduce transmission of the virus.
The coronavirus pandemic has led to a number of challenges in collecting the data to calculate GDP (as summarised by the ONS). As a result, GDP estimates for this quarter are subject to more uncertainty than usual and may be more prone to revision over time.
- This is the first estimate of Scotland’s Gross Domestic Product (GDP) for 2020 Quarter 2 (April to June). This publication captures the effects of lockdown and its initial easing on the Scottish Economy.
- Scotland’s Gross Domestic Product (GDP) contracted by -19.4% in real terms during the second quarter of 2020, following contraction of -2.5% in the first quarter of 2020. The equivalent contraction rate for the UK as a whole during the second quarter was -20.4%.
- Compared to the same quarter last year, Scotland's GDP has contracted by -21.1%, compared to equivalent UK contraction over the same period of -21.7%.
- The largest single contribution to change this quarter came from the Services sector, particularly Government & Other Services. However, there were falls across all industries
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