Gross domestic product (GDP), pounds sterling in Lancaster

Gross domestic product (GDP), pounds sterling in Lancaster was £4.73 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 5.6% from 2023.

2024, GBP million4,726 Provisional
Change on 2023+5.6%
Series high4,7262024
Series low1,7801998

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

1,0002,0003,0004,0005,00019982002200620102014201820241998: 1,780 GBP million1999: 1,834 GBP million2000: 1,801 GBP million2001: 1,841 GBP million2002: 1,977 GBP million2003: 2,215 GBP million2004: 2,378 GBP million2005: 2,559 GBP million2006: 2,715 GBP million2007: 2,809 GBP million2008: 2,865 GBP million2009: 2,560 GBP million2010: 2,578 GBP million2011: 2,636 GBP million2012: 2,716 GBP million2013: 2,902 GBP million2014: 2,972 GBP million2015: 3,140 GBP million2016: 3,152 GBP million2017: 3,193 GBP million2018: 3,223 GBP million2019: 3,369 GBP million2020: 3,371 GBP million2021: 3,546 GBP million2022: 3,977 GBP million2023: 4,474 GBP million2024: 4,726 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
20244,726 Provisional
20234,474
20223,977
20213,546
20203,371
20193,369
20183,223
20173,193
20163,152
20153,140
20142,972
20132,902
20122,716
20112,636
20102,578
20092,560
20082,865
20072,809
20062,715
20052,559
20042,378
20032,215
20021,977
20011,841
20001,801
19991,834
19981,780

Compared with North West

Place2024
Lancaster4,726
North West285,709

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 Lancaster?

Gross domestic product (GDP), pounds sterling in Lancaster was £4.73 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 5.6% 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 Lancaster?

£4.73 billion in 2024, the highest value since 1998 in this series.

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

Related statistics for Lancaster

All statistics for Lancaster