Deputy First Minister Kate Forbes said the data reveals a ‘growing and resilient economy’.
GDP growth in Scotland was level with the UK in the second quarter of this year – with Deputy First Minister Kate Forbes saying the latest figures show a “growing and resilient economy”.
With the latest rise coming after GDP grew 0.5% over January to March, it means Scotland’s economy is now estimated to be 0.9% larger than it was in April to June 2023, with this growth again matching that of the UK.It comes after initial GDP figures for the second quarter of this year showed that while output in the construction sector fell by 0.1%, the services sector – which accounts for the bulk of the economy – grew by 0.6%. In addition, output in the production sector was up 0.8%.
“We are investing more than £5 billion in 2024-25 to drive the economy and further initiatives will be detailed in the forthcoming Programme for Government and our Green Industrial Strategy.” She went on: “A strong economy is fundamental to achieving the Scottish Government’s priorities of eradicating child poverty, growing the economy, tackling climate change and improving public services.”
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