Gross domestic product (GDP), pounds sterling in Cornwall

Gross domestic product (GDP), pounds sterling in Cornwall was £17.74 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 4.4% from 2023.

2024, GBP million17,736 Provisional
Change on 2023+4.4%
Series high17,7362024
Series low5,5331998

Gross domestic product (GDP), pounds sterling in Cornwall, 1998 to 2024

5,0007,50010K12.5K15K17.5K20K19982002200620102014201820241998: 5,533 GBP million1999: 5,737 GBP million2000: 6,055 GBP million2001: 6,379 GBP million2002: 6,870 GBP million2003: 7,428 GBP million2004: 7,738 GBP million2005: 8,228 GBP million2006: 8,768 GBP million2007: 8,968 GBP million2008: 9,381 GBP million2009: 8,926 GBP million2010: 9,165 GBP million2011: 9,538 GBP million2012: 9,883 GBP million2013: 10,237 GBP million2014: 10,618 GBP million2015: 10,867 GBP million2016: 11,579 GBP million2017: 12,298 GBP million2018: 12,845 GBP million2019: 13,351 GBP million2020: 12,385 GBP million2021: 14,479 GBP million2022: 15,786 GBP million2023: 16,990 GBP million2024: 17,736 GBP million
GBP million. Source: Office for National Statistics, Regional gross domestic product: local authorities, GDP at current market prices, pounds million (ONS, Table 5). Retrieved 2026-10-11, published 2026-09-23.
All 27 values
PeriodGBP million
202417,736 Provisional
202316,990
202215,786
202114,479
202012,385
201913,351
201812,845
201712,298
201611,579
201510,867
201410,618
201310,237
20129,883
20119,538
20109,165
20098,926
20089,381
20078,968
20068,768
20058,228
20047,738
20037,428
20026,870
20016,379
20006,055
19995,737
19985,533

Compared with South West

Place2024
Cornwall17,736
South West222,445

Definition

Regional GDP at current market prices (nominal, not adjusted for price changes), millions of pounds sterling. The Office for National Statistics builds it from the balanced measure of gross value added (GVA(B)) plus VAT and other taxes on products less subsidies on products. United Kingdom ITL1 regions (the nine English regions, Wales, Scotland and Northern Ireland) and local authorities.

In pounds sterling at current prices, so it is not comparable with gdp (euros), gdp_nzd (New Zealand dollars) or gdp_usd (US dollars) without a conversion, and it is not adjusted for inflation. Estimates are workplace based: output is allocated to the place where the activity happens. The latest year is provisional. The ONS suppressed some local authorities in Wales, Scotland and south west England in its September 2026 release and expects to publish them later.

How to cite

Office for National Statistics. Regional gross domestic product: local authorities, GDP at current market prices, pounds million (ONS, Table 5). Contains public sector information licensed under the Open Government Licence v3.0. https://www.ons.gov.uk/economy/grossdomesticproductgdp/datasets/regionalgrossdomesticproductlocalauthorities/1998to2024. Retrieved 2026-10-11.

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Questions

What is the gross domestic product (GDP), pounds sterling in Cornwall?

Gross domestic product (GDP), pounds sterling in Cornwall was £17.74 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 4.4% from 2023.

Where does this figure come from?

Office for National Statistics (United Kingdom). Regional gross domestic product: local authorities, GDP at current market prices, pounds million (ONS, Table 5). Retrieved by Invokely on 2026-10-11.

What was the highest gross domestic product (GDP), pounds sterling in Cornwall?

£17.74 billion in 2024, the highest value since 1998 in this series.

Gross domestic product (GDP), pounds sterling elsewhere in South West

Related statistics for Cornwall

All statistics for Cornwall