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Scotland economy contracts 19.4% in second quarter of 2020

Christian Fernsby ▼ | September 16, 2020
The Chief Statistician has released statistics showing that the economy contracted by 19.4% during the second quarter of 2020, covering the period April to June.
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Change in gross domestic product (GDP) is the main indicator of economic growth. Over the year, compared to the second quarter of 2019, the economy has contracted by 21.1%.

Topics: Scotland

During the second quarter output in the Construction sector contracted by 41.5%, output in Production contracted by 15.7%, and output in the Services sector contracted by 18.7%.