Gross domestic product (GDP), pounds sterling in Fareham

Gross domestic product (GDP), pounds sterling in Fareham was £4.27 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 4% from 2023.

2024, GBP million4,274 Provisional
Change on 2023+4%
Series high4,2742024
Series low1,7411998

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

1,0002,0003,0004,0005,00019982002200620102014201820241998: 1,741 GBP million1999: 1,767 GBP million2000: 1,862 GBP million2001: 1,939 GBP million2002: 1,981 GBP million2003: 2,045 GBP million2004: 2,150 GBP million2005: 2,266 GBP million2006: 2,328 GBP million2007: 2,428 GBP million2008: 2,549 GBP million2009: 2,418 GBP million2010: 2,544 GBP million2011: 2,667 GBP million2012: 2,756 GBP million2013: 2,853 GBP million2014: 3,042 GBP million2015: 3,051 GBP million2016: 3,241 GBP million2017: 3,388 GBP million2018: 3,389 GBP million2019: 3,513 GBP million2020: 3,369 GBP million2021: 3,629 GBP million2022: 3,898 GBP million2023: 4,110 GBP million2024: 4,274 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
20244,274 Provisional
20234,110
20223,898
20213,629
20203,369
20193,513
20183,389
20173,388
20163,241
20153,051
20143,042
20132,853
20122,756
20112,667
20102,544
20092,418
20082,549
20072,428
20062,328
20052,266
20042,150
20032,045
20021,981
20011,939
20001,862
19991,767
19981,741

Compared with South East

Place2024
Fareham4,274
South East416,359

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 Fareham?

Gross domestic product (GDP), pounds sterling in Fareham was £4.27 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 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 Fareham?

£4.27 billion in 2024, the highest value since 1998 in this series.

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

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