GDP monthly estimate: December 2022

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 fallen by 0.6% in December, after remaining flat in November (0.0% change).
  • Output in the services sector, which accounts for over three quarters of the economy, is estimated to have fallen by 0.4% in December. At the broad level, output in consumer facing services fell by 0.4%, while health, education and public services output fell by 1.2%, and output in all other services remained flat (0.0% change).
  • Overall output in production, construction and agriculture fell by 1.2% compared to the previous month.
  • In the three months to December, GDP is estimated to have grown by 0.1% compared to the previous quarter. Further information on quarterly GDP can be found in the First Estimate of GDP for 2022 Quarter 4.

All results are seasonally adjusted and presented in real terms (adjusted to remove inflation), and relate to Scotland’s onshore economy (which does not include offshore oil and gas extraction). Further information can be found in the full publication (pdf) and tables.

Monthly GDP Publication: December 2022
Monthly GDP Tables: December 2022
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