GDP Analysed by Industry Sector
Scottish GDP in constant basic prices, which is also known as Gross Value Added(GVA), grew by 0.5 per cent during the third quarter of 2011, following growth of 0.2 percent in 2011 Q2. On an annual basis (4Q-on-4Q), GDP grew by 0.9 per cent in the latestquarter, compared to 1.3 per cent in 2011 Q2.Services sector output grew by 0.9 per cent over the quarter, and grew 0.3 per cent onan annual basis (4Q-on-4Q). Production sector output fell by 0.1 per cent over thequarter, and grew by 1.7 per cent annually. Construction sector output fell 1.2 per centover the quarter, and grew by 5.9 per cent annually.
Output - chained volume measure2007 = 100
808590951001051102007 2008 2009 2010 2011
Total GVA Services Production Construction
The largest overall contribution to growth was from Services, mostly due to stronggrowth in business services & finance. There was also growth in the distribution, hotels& catering and a small increase in government & other services sectors.Total Production sector output showed negative growth, where strong growth inmanufacturing was outweighed by a fall in the electricity, gas & water supply sectorfollowing strong growth in the previous quarter. Falling Construction sector output alsomade a negative contribution to overall growth.
Sector contributions to total GDP growth
-0.2-0.10.00.10.18.104.22.168.6Production Construction Distribution,Hotels &CateringTransportStorage &CommunicationBusinessServices &FinanceGovernment &Other Services2011 Q2 2011 Q3