Publication - Statistics

First estimate of GDP: 2019 Q4

Published: 18 Mar 2020
Directorate:
Chief Economist Directorate
Part of:
Economy

Gross domestic product (GDP) for Scotland (first estimate) for 2019 fourth quarter (Q4), produced by the Scottish Government.

Published:
18 Mar 2020
First estimate of GDP: 2019 Q4

Headline results

  • Scotland’s Gross Domestic Product (GDP) grew by 0.2% in real terms during the fourth quarter of 2019, following growth of 0.3% in the third quarter of 2019. The equivalent growth rate for the UK as a whole during the fourth quarter was 0.0%.
  • Compared to the same quarter last year, Scotland's GDP has grown by 0.7%, compared to equivalent UK growth over the same period of 1.1%.
  • In 2019 the economy has grown by 0.8% compared to 2018. Equivalent UK growth in 2019 was 1.4%.
  • The largest single contribution to change this quarter came from the Services sector, particularly Business Services and Finance.

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