GDP Monthly Estimate: November 2023

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

The industry with the largest contribution to GDP growth is Electricity and Gas Supply, which contributed -0.3 percentage points to the November headline figure of ‑0.1%. This fall follows a very strong month for Electricity and Gas Supply output in September, in which those industries contributed 0.5 percentage points of growth, and a weak month in October, where they contributed -0.2 percentage points. Electricity and Gas Supply output varies strongly from month to month and often contributes a large proportion to monthly growth or contraction.


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