Publication - Statistics

First estimate of GDP: 2020 Q4

Published: 17 Mar 2021
Directorate:
Chief Economist Directorate
Part of:
Economy

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

Published:
17 Mar 2021
First estimate of GDP: 2020 Q4

This is the first estimate of Scotland’s Gross Domestic Product (GDP) for 2020 Quarter 4 (October to December).

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.

Headline Results

  • This is the first estimate of Scotland’s Gross Domestic Product (GDP) for 2020 Quarter 4 (October to December).
  • Scotland’s GDP grew by 2.0% in real terms during the fourth quarter of 2020, as lockdown measures were eased. Over the same period, GDP in the UK as a whole grew by 1.0%.
  • Compared to the same quarter last year, Scotland’s GDP fell by -6.5%. Over the same period, the UK as a whole fell by -7.8%.
  • The largest single contribution to change this quarter came from growth in Government Services (within Services), but there was growth across most industries.

Contact

If you have any enquiries relating to Economy Statistics then please contact us at:

Email: economic.statistics@gov.scot

Telephone: 0131 244 3768

Post:
Office of the Chief Economic Advisor
Room 4ER
St Andrews House
Regent Road
Edinburgh
EH1 3DG

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