Scotland’s GDP fails to grow as much as predicted, figures show
The IndependentGet the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Scotland’s Gross Domestic Product grew by less than previously believed in the third quarter of 2021, figures show. Scotland s estimated onshore GDP as of the third quarter in 2021" data-source="Scottish Government"> The onshore GDP of Scotland is estimated to have been £164.7 billion in total over the last four quarters, or £30,113 per person, down from £167.2 billion in 2019. If oil and gas extraction in Scottish waters were included, Scotland’s GDP was estimated to be £173.6 billion in total, or £31,748 per person, and is down from a value of £180.7 billion in 2019. In the third quarter of 2021, there was growth of 1.7% in the services sector, a significant decrease from the 6.4% growth recorded increase in the previous three months when restrictions had been eased.
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