GDP monthly estimate: January 2023

Gross Domestic Product (GDP) statistics measure changes in the output of the economy. This is an experimental statistics publication for Scotland.

Main Findings

  • Scotland’s onshore GDP is estimated to have grown by 0.9% in January, after falling by 0.8% in December (revised down from 0.6%), and is now 1.1% above the pre-pandemic level in February 2020.
  • Output in the services sector, which accounts for around three quarters of the economy, is estimated to have increased by 0.5% in January. At the broad level, output in consumer facing services contracted by -2.2%, while health, education and public services output grew by 0.8%, and output in all other services grew by 1.8%.
  • Overall output in production, construction and agriculture grew by 4.2% compared to the previous month.
  • In the three months to January, GDP is estimated to have grown by 0.1% compared to the previous three month period. This is the same as the rate in 2022 Quarter 4 (October to December). Further information on quarterly GDP can be found in the Quarterly First Estimate for 2022 Quarter 4.
Monthly GDP Publication: January 2023
Monthly GDP Tables: January 2023
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