Monthly GDP Estimates for June (Scotland)

Scotland’s onshore GDP remained flat (0.0% change) in June, according to statistics announced by the Chief Statistician on 30th August 2023. This follows 0.0% change in May (revised up from -0.2%).

In June, output in the services sector, which accounts for around three quarters of the economy, is estimated to have grown by 0.3%. This was offset by a reduction of 1.8% in the Production sector.

In the three months to June, GDP is estimated to have fallen by 0.3% compared to the previous three-month period. This reflects a decline in the economy during the second quarter of 2023, after the 0.2% growth in Quarter 1 2023 (January to March) reported in the Quarterly National Accounts released 26 July 2023.

Read the full report here.