Publication - Statistics

Gross Domestic Product - first estimate: quarter 1 2020

Published: 17 Jun 2020
Directorate:
Chief Economist Directorate
Part of:
Economy

Gross domestic product (GDP) for Scotland (first estimate) for 2020 quarter one.

Published:
17 Jun 2020
Gross Domestic Product - first estimate: quarter 1 2020

Headline results 

  • 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.

Contact

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Email: economic.statistics@gov.scot

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Post:
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