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Gross Domestic Product - Latest GDP Trends

High Level Summary of Statistics Trend Last update: Wednesday, October 21, 2009

Latest GDP trends

The main findings of the latest figures are:

  • GDP fell by 3.2 per cent annually and fell by 0.8 per cent in the second quarter of 2009 (seasonally adjusted).
  • In the year to end-June 2009, the Scottish service sector fell by 2.5 per cent, the production sector fell by 5.7 per cent and the construction sector fell by 6.3 per cent.
  • In the second quarter of 2009, the service sector fell by 0.4 per cent, the production sector declined by 1.9 per cent and the construction sector fell by 2.8 per cent.

UK Figures:
  • The UK figures show that GDP on a comparable basis (constant basic prices) fell by 3.2 per cent in the year to end-June 2009 and fell 0.6 per cent in the second quarter of 2009.
  • Over the year, the UK experienced a 1.9 per cent fall in services, a 8.8 per cent fall in production and the construction sector fell by 8.2 per cent.
  • In the second quarter of 2009, the UK service sector fell by 0.6 per cent, the production sector declined by 0.5 per cent and the construction sector declined by 0.8 per cent.

GDPHLSS2009Q2

Page updated: Wednesday, October 21, 2009