GDP Monthly Estimate: September 2023

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


Key Points

  • Scotland’s onshore GDP is estimated to have grown by 0.1% in September. This follows growth of 0.2% in August (revised up from 0.1% in the previous publication).
  • In Quarter 3 as a whole (July to September), GDP is estimated to have grown by 0.4%, following a fall of 0.3% in Quarter 2 (April to June). Further information on quarterly GDP can be found in the First Estimate of GDP for 2023 Quarter 3.
  • In September, output in the services sector, which accounts for around three quarters of the economy, is estimated to have fallen by 0.4%, after growth of 0.4% in August. Production sector output grew by 2.7% in September, with growth of 17% in Electricity and Gas Supply making the largest positive contribution to the overall GDP result.

Contact

economic.statistics@gov.scot

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