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Scotland economy grows 0.2% in the fourth quarter of 2019

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Christian Fernsby ▼ | March 18, 2020
The Chief Statistician has released statistics showing that the economy grew by 0.2% during the fourth quarter of 2019, covering the period October to December.
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Change in gross domestic product (GDP) is the main indicator of economic growth. Over the year, compared to the fourth quarter of 2018, the economy has grown by 0.7%. In 2019 the economy has grown by 0.8% compared to 2018.

Topics: Scotland

During the fourth quarter output in the Construction sector grew by 0.7%, output in Production contracted by 1.2%, and output in the Services sector grew by 0.5%.

The second estimate of GDP for the fourth quarter of 2019 will be available in Quarterly National Accounts Scotland, published on 29 April 2020. The first estimate of GDP for the first quarter of 2020 will be published on 17 June 2020.


 

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