Monthly GDP Estimates for March

Scotland’s onshore GDP contracted by 0.2% in March 2025, according to statistics announced by the Chief Statistician. This follows an unrevised contraction of 0.2% in February 2025.

In the three months to March - Quarter 1 2025 - GDP is estimated to have grown by 0.4% compared to the previous three-month period. This follows growth of 0.1% in Quarter 4 2024.

In March, the sector with the largest contribution to overall GDP was electricity and gas supply, which contributed around 0.2 percentage points towards the overall headline figure of -0.2%.

Retail, Wholesale & Motor Trades contributed just over 0.1 percentage points towards the overall headline figure of -0.2%.

The full publication can be found here.