Scotland's onshore GDP fell by 0.5% in November 2024, following a revised contraction of 0.4% in October. Over the three months to November, GDP shrank by 0.3%, a slowdown compared to the 0.4% growth seen in the third quarter of 2024 (July to September).
Scottish Gdp
The Scottish economy shrank slightly in October, according to the latest GDP estimates. Scotland’s onshore GDP is estimated to have contracted by 0.2% in October, following unrevised 0.3% growth in September.
Scotland’s onshore GDP grew by 0.3% in September 2024, according to statistics announced by the Chief Statistician. This follows contraction of 0.6% in August 2024. In Q3 2024, GDP is estimated to have grown by 0.3% compared to the previous three month period. This follows growth of 0.4%
Scotland's GDP fell by 0.3% in August, following growth of 0.5% in July (revised from 0.3%). This represents a concerning slowdown in the Scottish economy, particularly as the UK as a whole saw growth of 0.2% in August.