GDP Monthly Estimate: February 2024

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

Scotland’s onshore GDP is estimated to have contracted by 0.3% in February. This follows unrevised growth of 0.6% in January.

In the three months to February, GDP is estimated to have grown by 0.4% compared to the previous three month period. This indicates an improvement in quarterly growth after the contraction of 0.5% (revised from -0.6%) in 2023 Quarter 4 (October to December).


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