Gross domestic product (GDP) measures total domestic economic activity and can be measured in three different ways: the output approach, the expenditure approach and the income approach.

GDP estimates can be presented in volume terms, sometimes called real terms, which are adjusted to account for inflation (changes in price levels) and in current price terms, sometimes called nominal terms, which reflect the actual values at the time in question.

The construction industry plays a significant role in a country's GDP as it contributes to job creation, economic growth, and infrastructure development. The higher the level of construction activity within a country, the higher its GDP will be.

Overall, GDP serves as an essential indicator of economic health for countries worldwide by measuring their productivity levels across various sectors including construction and building industry.

Scottish Government

Section F of the UK Standard Industrial Classification (SIC) 2007, specifically SIC divisions 41, 42 and 43, which are defined as:

41: Construction of buildings

42: Civil engineering

43: Specialised construction activities

Scotland