Monthly GDP Estimates for July
An Experimental Statistics Publication for Scotland.
Scotland’s onshore GDP fell by 0.2% in July, according to statistics announced yesterday by the Chief Statistician. Output remains 2.4% below the pre-pandemic level in February 2020.
Output in the services sector, which accounts for around three quarters of the economy, grew by 0.4% in July, with increases in nine of the fourteen subsectors.
Output in the production sector contracted by 3.0% in July, with falls in the mining and quarrying, manufacturing, and electricity and gas supply subsectors. The largest contribution to the fall in GDP was the 9.9% drop in the electricity and gas supply subsector, due to unusually low levels of wind and hydro-generated electricity during the summer.
Output in the construction sector is provisionally estimated to have fallen by 0.4% in July, broadly in line with the UK as a whole over the course of the latest three months.
In the three months to July, GDP is estimated to have grown by 3.4% compared to the previous three month period. This reflects a slowdown in growth relative to the Quarter 2 (April to June) estimate of 4.7%.
The Monthly GDP Estimate for July 2021 is available at:
Gross Domestic Product (GDP) measures the output of the economy in Scotland. These monthly estimates have been developed to help track the economic impact of the COVID-19 pandemic. These are designated as experimental official statistics. This means that they are still in development but have been released to enable their use at an early stage. All results are provisional and subject to relatively high levels of uncertainty.
All results are seasonally adjusted and presented in real terms (adjusted to remove inflation). GDP growth in this publication relates to Scotland’s onshore economy, which means it does not include the output of offshore oil and gas extraction.
Further information on GDP statistics is available at http://www.gov.scot/gdp
These estimates are compiled in line with the Code of Practice for Statistics – more information on the standards of official statistics can be accessed at: https://www.statisticsauthority.gov.uk/code-of-practice/
Latest News from
Scottish Government Health and Social Care Winter Overview 2021/2222/10/2021 15:05:00
The Health and Social Care Winter Overview outlines the range of actions the Scottish Government is taking to support our health and social sector care throughout the winter period.
Adult social care - winter preparedness plan: 2021-2222/10/2021 12:05:00
This Plan sets out the measures that will be applied across the adult social care sector to meet the challenges over the winter 2021 – 2022.
Scotland’s exports increased in 201922/10/2021 10:05:00
Scotland’s international exports increased by 3.4% in 2019. Exports to the rest of the UK also increased, up 5%.
Safer Drug Consumption Facilites - Evidence Paper21/10/2021 15:05:00
This paper highlights the evidence in support of Safer Drug Consumption Facilities.
Update to vaccine certification Apps21/10/2021 12:05:00
Users and businesses should download green tick updates.
National plan to end need for food banks21/10/2021 09:25:00
Consultation on new approach to prevent food insecurity.
COVID-19 safety in schools20/10/2021 10:05:00
Existing COVID-19 safety mitigations in schools are to remain for now, following advice from senior clinicians.