Scotland’s economy made a strong start to the year against geopolitical uncertainty and ongoing price pressures, according to Deputy First Minister Kate Forbes.

Data from the chief statistician shows onshore GDP was 0.3% higher in January, following a 0.5% uplift in December 2024 (revised from 0.6%) .

In the three months to January, GDP is estimated to have grown by 0.5% compared to the previous three-month period. This follows GDP remaining flat in the fourth quarter of 2024.

In January, output in the services sector is estimated to have grown by 0.5%, while production sector output contracted by 1%. Construction output contracted by 0.2%.

Ms Forbes said: “This is a strong start to the year for the Scottish economy, particularly in the context of global economic uncertainty.

“Many of the levers needed to deal with our economy lie with the UK Government. In particular, the UK Government must provide swift clarity on how today’s Spring Statement, including its profoundly concerning planned cuts to welfare, will impact Scotland’s economy and Budget.

“I am focused on delivering economic growth with the limited powers the Scottish Government holds, and creating an investor-friendly environment.

“Already this year we have seen significant investments in a subsea cable manufacturer at Hunterston and new port infrastructure from Scapa to Montrose, and we are laser-focused on unlocking new private investment in the country’s rapidly growing offshore wind industry.”

The figures were published as the Office for Budget Responsibility halved its forecast for the UK economy to 1% for 2025.

See: Spring Statement – how small firms felt short-changed