The Scottish Government is introducing a new publishing model for Quarterly GDP to provide a timelier measure of Scotland’s economic performance.
Starting in September, Scotland’s GDP growth will change from being updated once each quarter to a cycle of two updates, similar to the new publishing model being introduced by ONS for UK GDP statistics.
There will be an earlier ‘first estimate’ of GDP released approximately 80 days after the end of each quarter, instead of the 95-110 days currently.
This will be followed by an updated ‘second estimate’ of GDP in Quarterly National Accounts Scotland (QNAS) at approximately 120-130 days after the end of the quarter.
These publications will be 5 ½ weeks after the corresponding UK new First Estimate of GDP, and 4 ½ to 5 ½ weeks after the UK Quarterly National Accounts respectively.
Further information is available in the paper published on 27 June 2018 here
We welcome your views on these changes. Please contact us at email@example.com with any comments or questions.