Gross domestic product (GDP), pounds sterling in Derby

Gross domestic product (GDP), pounds sterling in Derby was £10.37 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 6.2% from 2023.

2024, GBP million10,367 Provisional
Change on 2023+6.2%
Series high10,3672024
Series low4,1781998

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

4,0006,0008,00010K12K19982002200620102014201820241998: 4,178 GBP million1999: 4,458 GBP million2000: 4,643 GBP million2001: 4,859 GBP million2002: 5,117 GBP million2003: 5,333 GBP million2004: 5,754 GBP million2005: 6,268 GBP million2006: 6,442 GBP million2007: 6,600 GBP million2008: 6,704 GBP million2009: 6,565 GBP million2010: 6,656 GBP million2011: 7,059 GBP million2012: 7,237 GBP million2013: 7,499 GBP million2014: 7,272 GBP million2015: 7,321 GBP million2016: 7,418 GBP million2017: 7,503 GBP million2018: 8,033 GBP million2019: 8,258 GBP million2020: 8,444 GBP million2021: 9,047 GBP million2022: 9,447 GBP million2023: 9,763 GBP million2024: 10,367 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
202410,367 Provisional
20239,763
20229,447
20219,047
20208,444
20198,258
20188,033
20177,503
20167,418
20157,321
20147,272
20137,499
20127,237
20117,059
20106,656
20096,565
20086,704
20076,600
20066,442
20056,268
20045,754
20035,333
20025,117
20014,859
20004,643
19994,458
19984,178

Compared with East Midlands

Place2024
Derby10,367
East Midlands162,343

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 Derby?

Gross domestic product (GDP), pounds sterling in Derby was £10.37 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 6.2% 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 Derby?

£10.37 billion in 2024, the highest value since 1998 in this series.

Gross domestic product (GDP), pounds sterling elsewhere in East Midlands

Related statistics for Derby

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