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GDP Quarterly National Accounts For 2021 Quarter 4

4th May 2022

Scotland's onshore GDP is now estimated to have grown by 1.6% during 2021 Quarter 4 (October to December), according to updated statistics announced today by the Chief Statistician. The growth rate in the latest quarter has been revised up from the previous estimate of 1.3% published in March.

In quarterly terms, the level of GDP is unrevised at 1.1% below the level in 2019 Quarter 4, prior to the direct impacts of the coronavirus pandemic.

The GDP Quarterly National Accounts publication includes an updated estimate of growth for the October to December period. This uses additional data which has been released since the Quarterly GDP First Estimate was published in March, along with updates to annual weights and levels back to 1998. The Quarterly National Accounts also includes a range of other statistics which are used for economic analysis, forecasting and modelling.