Gross domestic product (GDP), pounds sterling in Ipswich

Gross domestic product (GDP), pounds sterling in Ipswich was £6 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 0.5% from 2023.

2024, GBP million6,004 Provisional
Change on 2023+0.5%
Series high6,0042024
Series low2,2061998

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

2,0003,0004,0005,0006,0007,00019982002200620102014201820241998: 2,206 GBP million1999: 2,319 GBP million2000: 2,408 GBP million2001: 2,511 GBP million2002: 2,587 GBP million2003: 2,746 GBP million2004: 2,954 GBP million2005: 3,249 GBP million2006: 3,560 GBP million2007: 3,587 GBP million2008: 3,556 GBP million2009: 3,426 GBP million2010: 3,375 GBP million2011: 3,444 GBP million2012: 3,556 GBP million2013: 3,833 GBP million2014: 4,065 GBP million2015: 4,205 GBP million2016: 4,488 GBP million2017: 4,573 GBP million2018: 4,639 GBP million2019: 4,832 GBP million2020: 4,741 GBP million2021: 4,824 GBP million2022: 5,350 GBP million2023: 5,976 GBP million2024: 6,004 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
20246,004 Provisional
20235,976
20225,350
20214,824
20204,741
20194,832
20184,639
20174,573
20164,488
20154,205
20144,065
20133,833
20123,556
20113,444
20103,375
20093,426
20083,556
20073,587
20063,560
20053,249
20042,954
20032,746
20022,587
20012,511
20002,408
19992,319
19982,206

Compared with East of England

Place2024
Ipswich6,004
East of England242,942

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 Ipswich?

Gross domestic product (GDP), pounds sterling in Ipswich was £6 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 0.5% 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 Ipswich?

£6 billion in 2024, the highest value since 1998 in this series.

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

Related statistics for Ipswich

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