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Gross Domestic Product For Scotland 2010 Quarter 4

DescriptionA National Statistics Publication for Scotland. Gross Domestic Product (GDP) for the fourth quarter of 2010
ISBN
Official Print Publication Date
Website Publication DateApril 20, 2011

GROSS DOMESTIC PRODUCT (GDP) FOR SCOTLAND FOR THE 4th QUARTER OF 2010

A National Statistics Publication for Scotland

For a Portable Document Format (.pdf) version of the results, use the following link:

GDP 2010Q4 PDF

Dataset

To download the tables in Excel format, use the following link:

GDP 2010Q4 XLS

20 April 2011

Main Findings

Scottish Gross Domestic Product (GDP) in constant basic prices fell 0.4 per cent during the fourth quarter of 2010.

The Construction sector experienced the biggest fall in output of 2.0 per cent over the quarter. Output in the Production sector fell 0.5 per cent, with Manufacturing falling 0.6 per cent. The Services sector experienced an overall fall of 0.1 per cent.

On an annual basis (4Q-on-4Q), GDP grew by 0.8 per cent in 2010, compared to 2009.

GDP 2010 Q4

GDP Analysed By Industry Sector

During the fourth quarter of 2010, Services sector output in Scotland declined by 0.1 per cent, the Production sector fell 0.5 per cent, and the Construction sector fell 2.0 per cent.

On an annual basis (comparing the most recent four quarters to the previous four quarters), output in the Services sector fell by 0.1 per cent, the Production sector grew by 0.5 per cent, and the Construction sector grew by 11.2 per cent.

GDP 2010 Q4

Contribution to Growth

The largest contribution to the decline in quarterly output during 2010 Q4 was the Construction sector, followed by Production, Government & Other Services, and Transport, Storage & Communication. These falls were offset slightly by quarterly growth in the Distribution, Hotels & Catering sector.

GDP 2010 Q4

Index of Production

Total production output fell 0.5 per cent during 2010 Q4, compared with a fall of 0.3 per cent in 2010 Q3.

Manufacturing fell 0.6 per cent, following growth of 0.2 per cent in the previous quarter. The main contributors to this fall were the Other Manufacturing sector (-3.9%), Refined Petroleum Products & Nuclear Fuel Processing (-9.1%), and Chemicals & Manmade Fibres (-1.8%). There was significant growth in Engineering & Allied Industries (+1.4%).

Output in Mining and Quarrying decreased by 5.1 per cent during 2010 Q4 compared with a fall of 2.6 per cent in 2010 Q3. Electricity, Gas & Water Supply grew 2.0 per cent, following a fall of 1.9 per cent in 2010 Q3.

GDP 2010 Q4

Index of Construction

Construction output fell 2.0 per cent during 2010 Q4, following growth of 6.2 per cent in 2010 Q3.

GDP 2010 Q4

Index of Services

Overall output in the Services sector fell 0.1 per cent during 2010 Q4, following a flat quarter in 2010 Q3.

Distribution, Hotels and Catering

Output in Distribution, Hotels and Catering increased 0.3 per cent during 2010 Q4, following growth of 0.3 per cent in 2010 Q3. The main source of this growth was in Retail and Wholesale (+0.5%).

GDP 2010 Q4

Transport, Storage and Communication

Transport, storage and communication fell 0.8 per cent during 2010 Q4, following growth of 0.4 per cent in 2010 Q3. The main source of this decline was the Transport & Storage component (-1.6%).

GDP 2010 Q4

Business Services and Finance

Output in Business Services and Finance was flat in 2010 Q4, following a fall of 0.5 per cent in 2010 Q3. Financial Services experienced a fall (-1.4%) during 2010 Q4, while output in Real Estate & Business Services grew by 0.4 per cent.

GDP 2010 Q4

Government and Other Services

Output in Government and Other Services decreased 0.3 per cent during 2010 Q4, compared with growth of 0.2 per cent in 2010 Q3. The main source of this decline was the Other Services sector (-2.5%).

GDP 2010 Q4

UK Figures

The latest figures show that UK GDP on a comparable basis (constant basic prices) fell by 0.5 per cent during the fourth quarter of 2010.

On an annual basis (4Q-on-4Q), UK GDP grew by 1.4 per cent.

Comparing total output in 2010 to 2009 (4Q-on-4Q), the UK experienced growth of 1.1 per cent in Services, growth of 2.0 per cent in the Production sector, and growth of 6.0 per cent in Construction.

GDP 2010 Q4

In the fourth quarter of 2010, the UK Services sector fell by 0.6 per cent, the Production sector grew by 0.8 per cent, and output in the Construction sector fell by 2.3 per cent.

GDP 2010 Q4