GDP Quarterly National Accounts: 2023 Quarter 1 (January to March)

This publication includes updated estimates of onshore GDP growth in real terms up to the first quarter of 2023, along with additional breakdowns of GDP by categories of income and expenditure, and key household sector economic statistics, which are used for economic forecasting and modelling.


Additional measures of economic activity and wellbeing

GDP (or GDP per person) is the most widely known indicator of economic activity and is frequently used to make comparisons between places or over time. There are also a range of other measures which can be used to indicate different aspects of economic activity and wellbeing.

Within this publication, Gross Disposable Household Income (Page 4) is the most comprehensive direct measure of the money earned by people in Scotland, including income earned in other parts of the UK or abroad, and accounting for transfers such as pensions, taxes and benefits. 

Gross National Income (GNI) is a measure which accounts for income flows between countries or territories for all sectors of the economy, such as outflows of profits generated by foreign owned companies. Experimental estimates of GNI and primary income flows for Scotland up to 2021 are available.

Labour productivity statistics, which report GDP per job or per hour worked are available up to 2022.

Looking beyond GDP and the economy, Scotland’s National Performance Framework (NPF) includes a range of economic, social and environmental indicators which give a wider indication of national wellbeing. Further information can be found at nationalperformance.gov.scot.

Contact

email: economic.statistics@gov.scot

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