Monthly GDP Estimates for December

Scotland’s onshore GDP grew by 0.6% in December 2024, according to statistics announced by the Chief Statistician. This follows growth of 0.2% in November 2024, revised up from ‑0.5%.

In the three months to December - 2024 Quarter 4 - GDP is estimated to have remained flat with 0.0% change compared to the previous three month period. This follows growth of 0.4% in 2024 Quarter 3, July to September.

In December, output in the services sector is estimated to have grown by 0.3%, while Production sector output grew by 2.3% in December. Construction sector output contracted by 0.2% in December.

In 2024 Scotland’s GDP grew by 1.1% compared to 2023.

You can read more on this on the Scottish Government Website here.

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