GDP monthly estimate: September 2022

Gross Domestic Product (GDP) statistics measure change in the output of the economy. This is an experimental statistics publication for Scotland.

  • Scotland’s onshore GDP is estimated to have fallen by 0.6% in September, after a growth 0.1% in August, and is now 0.1% below the pre-pandemic level in February 2020.
  • Output in the services sector, which accounts for around three quarters of the economy, is estimated to have fallen by 0.5% in September. At the broad level, output in consumer facing services fallen by 0.6%, while health, education and public services output grew by 0.5%, and output in all other services fell by 1.0%.
  • Overall output in production, construction and agriculture fell by 1.0% compared to the previous month.
  • In the three months to September, GDP is estimated to have fallen by 0.2% compared to the previous three month period. This is a slowdown in growth after output remained flat (0.0% growth) in 2022 Quarter 2 (April to June). Further information on quarterly GDP can be found in the Quarterly First Estimate for 2022 Quarter 3.

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).


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