GDP Quarterly National Accounts: 2025 Quarter 3 (July to September)
An accredited official statistics publication
This release includes updated estimates of gross domestic product (GDP) growth for Scotland in the latest quarter, along with a range of additional statistics which are regularly used for economic forecasting and modelling.
Part of
Gross disposable household income (GDHI)
Gross disposable household income (GDHI) is a measure of how much money the population has for spending or saving after earnings and transfers such as pensions, taxes and benefits are accounted for. GDHI includes income earned in other areas of the UK or from abroad (for example, offshore workers’ income or income from overseas investments) which are not part of onshore GDP.
In 2025 quarter 3, gross disposable household income is estimated to have increased by 4.5% over the year compared to 2024 quarter 3 in nominal terms (current prices without adjusting for inflation). The largest part of GDHI is income from employment, (compensation of employees) which is up by 8.4% over the year.
Household Saving Ratio
The household saving ratio is estimated at 8.2% in the latest quarter, down slightly from 8.3% at the same point last year. This reflects disposable income adjusted for changes in pension equity increasing by slightly less (4.8%) than household spending, which has increased by 5.0% over the last 12 months.
The household saving ratio represents funds which are available for adding to savings, including into pension funds, or paying off debt. It is not a measure of actual deposits made to savings accounts, or of savings accounts balances, but is a useful indicator of trends in overall household sector finances.
Contact
For enquiries about this publication please contact:
National Accounts Unit,
Directorate for Chief Economist
E-mail: economic.statistics@gov.scot
For general enquiries about Scottish Government statistics please contact:
Office of the Chief Statistician
e-mail: statistics.enquiries@gov.scot