Publication - Statistics

GDP Monthly Estimate: July 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 increased by 0.1% in July. This follows GDP remaining flat in June (0.0% change).
Output in the services sector, which accounts for around three quarters of the economy, contracted by 0.4% in July. Output in the production sector is estimated to have grown by 2.8% in July, with the largest contribution to overall GDP growth being Manufacturing.
In the three months to July, GDP is estimated to have fallen by 0.1% compared to the previous three month period. This indicates an improvement relative to the fall of 0.3% in 2023 Quarter 2 (April to June). Further information on quarterly GDP can be found in the First Estimate of GDP for 2023 Quarter 2.

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