GDP monthly estimate: December 2023

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

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Quarterly and monthly results

Scotland’s onshore GDP is estimated to have grown by 0.4% in December. This follows no growth (0.0% change) in November (revised from -0.1%) and a 0.8% contraction in October (revised from -0.6%).


In Quarter 4 as a whole (October to December), GDP is estimated to have contracted by 0.6%, following growth of 0.4% in 2023 Quarter 3 (July to September). Further information on quarterly GDP can be found in the First Estimate of GDP for 2023 Quarter 4.


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