Gross domestic product (GDP), pounds sterling in Gateshead

Gross domestic product (GDP), pounds sterling in Gateshead was £5.99 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 4% from 2023.

2024, GBP million5,989 Provisional
Change on 2023+4%
Series high5,9892024
Series low2,8371998

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

2,0003,0004,0005,0006,00019982002200620102014201820241998: 2,837 GBP million1999: 2,907 GBP million2000: 2,988 GBP million2001: 3,143 GBP million2002: 3,360 GBP million2003: 3,531 GBP million2004: 3,827 GBP million2005: 4,024 GBP million2006: 4,257 GBP million2007: 4,354 GBP million2008: 4,357 GBP million2009: 4,247 GBP million2010: 4,390 GBP million2011: 4,589 GBP million2012: 4,690 GBP million2013: 4,469 GBP million2014: 4,518 GBP million2015: 4,586 GBP million2016: 4,726 GBP million2017: 4,734 GBP million2018: 4,808 GBP million2019: 5,241 GBP million2020: 4,577 GBP million2021: 5,135 GBP million2022: 5,539 GBP million2023: 5,757 GBP million2024: 5,989 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
20245,989 Provisional
20235,757
20225,539
20215,135
20204,577
20195,241
20184,808
20174,734
20164,726
20154,586
20144,518
20134,469
20124,690
20114,589
20104,390
20094,247
20084,357
20074,354
20064,257
20054,024
20043,827
20033,531
20023,360
20013,143
20002,988
19992,907
19982,837

Compared with North East

Place2024
Gateshead5,989
North East82,703

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 Gateshead?

Gross domestic product (GDP), pounds sterling in Gateshead was £5.99 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 Gateshead?

£5.99 billion in 2024, the highest value since 1998 in this series.

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

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