GDP Quarterly National Accounts For 2020 Quarter 4

5th May 2021

Scotland's GDP is now estimated to have grown by 2.3% during 2020 Quarter 4, revised up from the first estimate of 2.0% published in March, according to statistics announced today by the Chief Statistician.

For 2020 as a whole, annual GDP is estimated to have fallen by 9.6% in real terms compared to 2019, unrevised from the first estimate.

The GDP Quarterly National Accounts publication includes the second estimate of growth for the October to December period. This uses additional data which has been released since the first estimate was published in March. The Quarterly National Accounts also includes a range of other statistics which are used for economic analysis, forecasting and modelling.