GDP Quarterly National Accounts: 2026 Quarter 2 (April to June)

Key Points

• In 2026 Quarter 2 (April to June), Scotland’s onshore GDP is estimated to have grown by 0.8% in real terms, which has been revised up from the first estimate of 0.7% published on 26 August 2026.
• In the latest quarter, output grew by 0.8% in both the services sector and construction sector. Output grew by 0.7% in the production sector.
• Real GDP per head is estimated to have grown by 0.8% in the latest quarter.
• This release includes revisions from Quarter 1 2023 to Quarter 2 2026 because of updates to the source data for various components.
• Real annual GDP is now estimated to have grown by 1.2% in 2025 (previously 1.3%), following revised growth of 1.6% in 2024 (previously 1.2%) and unrevised growth of 0.7% in 2023. 
• In 2026 Quarter 2, nominal gross disposable household income per head increased by 4.5% compared to 2025 Quarter 2 (not adjusted for inflation).
• New statistics in development introduced in this release show that real disposable household income per head is estimated to have increased by 1.8% compared to 2025 Quarter 2, after adjusting for average consumer inflation of 2.6% over the year.
• The household saving ratio, which represents the proportion of disposable income which is available for saving or paying off debt, is estimated to be 10.5% in the latest quarter, up from 9.6% at the same point last year.

Introduction

This publication 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.

The latest statistics are based on annual benchmark levels and weights from the supply and use tables for 1998-2022. For these years, the output of industries and the supply and demand for goods and services across the economy are fully balanced and draw on the widest range of data sources. Estimates for quarters from 2023 onwards should be treated as more provisional, and are likely to be updated and revised over time. Revisions in GDP statistics are an inevitable consequence of the trade-off between timeliness and accuracy.

An Accredited Official Statistics Publication for Scotland

These statistics are accredited official statistics. The Office for Statistics Regulation has independently reviewed and accredited these statistics as complying with the standards of trustworthiness, quality, and value in the Code of Practice for Statistics.

Quarterly National Accounts Scotland was accredited in January 2014, as detailed in Assessment Report 272.

Accredited official statistics are called National Statistics in the Statistics and Registration Service Act 2007.

Scottish Government statistics are regulated by the Office for Statistics Regulation (OSR). OSR sets the standards of trustworthiness, quality and value in the Code of Practice for Statistics that all producers of official statistics should adhere to.