Scottish Government

Listen

Gross Domestic Product for Scotland

18/04/2012

Scotland’s Chief Statistician today announced the release of
Gross Domestic Product for Scotland for 2011 Q4.

This quarterly publication measures growth, in real terms, of  Gross Domestic Product at Basic Prices, also known as Gross Value Added, for Scotland.

The main findings are:

• GDP contracted by 0.1 per cent during the fourth quarter of 2011. On an annual basis, comparing the latest four quarters to the previous four quarters (4Q on 4Q basis), it grew by 0.5 per cent.
• During the fourth quarter of 2011 there was growth of 0.2 per cent in the Services sector, Production sector output remained unchanged and Construction sector output fell by 2.7 per cent.
• On an annual basis (4Q on 4Q) output in the Services sector has grown by 0.4 per cent, the production sector has grown by 1.7 per cent and the Construction sector fell by 1.5 per cent.

Related information

• The full statistical publication.
• Further information on Economy statistics within Scotland.
• Official statistics are produced by professionally independent statistical staff – more information on the standards of official statistics in Scotland.