Scotland’s onshore GDP contracted by 0.2% in May 2025, according to statistics announced by the Chief Statistician.

In the three months to May, Scotland’s onshore GDP is estimated to have contracted by 0.4% compared to the previous three month period. This indicates a decrease in growth relative to 2025 Quarter 1, January to March, which saw growth of 0.4%.

“In May, the largest negative contribution to headline GDP was in manufacturing, which contributed -0.4 percentage points to headline GDP,” said the Scottish Government.

“This was partly due to the cessation of oil refining activity at the Grangemouth oil refinery.

“The largest contributor to growth came from Professional, Scientific and Technical services, which contributed 0.2 percentage points to headline GDP.”

Deputy First Minister Kate Forbes said: “While Scotland’s GDP growth of 0.4% in the first quarter shows a positive start to the year, like the rest of the UK we have been affected by ongoing global challenges, including more difficult trading conditions.

“The latest monthly figure demonstrates the cessation of oil refining at Grangemouth has contributed to a reduced output in the manufacturing sector.

“Ministers are working closely to provide a just transition for the workforce and we have so far committed around £87 million to support the industrial cluster, including the £25 million Grangemouth just transition fund and up to £450,000 to support affected workers to transition into new roles.

“By pursuing new investment opportunities and supporting entrepreneurship, the Scottish Government is taking steps to grow Scotland’s economy.

“But these and other economic statistics increasingly show that the UK’s economy is less productive and more unequal than independent European countries comparable to Scotland.

“Ultimately, only the powers of independence will allow us to create a wealthier and fairer nation for everyone in Scotland.”