Gross domestic product (GDP), pounds sterling in Leicester

Gross domestic product (GDP), pounds sterling in Leicester was £11.41 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 2.4% from 2023.

2024, GBP million11,407 Provisional
Change on 2023+2.4%
Series high11,4072024
Series low4,2431998

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

4,0006,0008,00010K12K19982002200620102014201820241998: 4,243 GBP million1999: 4,381 GBP million2000: 4,606 GBP million2001: 4,728 GBP million2002: 4,868 GBP million2003: 5,197 GBP million2004: 5,570 GBP million2005: 5,839 GBP million2006: 6,250 GBP million2007: 6,569 GBP million2008: 6,839 GBP million2009: 6,749 GBP million2010: 7,154 GBP million2011: 7,287 GBP million2012: 7,527 GBP million2013: 7,855 GBP million2014: 8,518 GBP million2015: 8,819 GBP million2016: 9,087 GBP million2017: 9,260 GBP million2018: 9,674 GBP million2019: 9,971 GBP million2020: 9,465 GBP million2021: 10,411 GBP million2022: 10,928 GBP million2023: 11,137 GBP million2024: 11,407 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
202411,407 Provisional
202311,137
202210,928
202110,411
20209,465
20199,971
20189,674
20179,260
20169,087
20158,819
20148,518
20137,855
20127,527
20117,287
20107,154
20096,749
20086,839
20076,569
20066,250
20055,839
20045,570
20035,197
20024,868
20014,728
20004,606
19994,381
19984,243

Compared with East Midlands

Place2024
Leicester11,407
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 Leicester?

Gross domestic product (GDP), pounds sterling in Leicester was £11.41 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 2.4% 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 Leicester?

£11.41 billion in 2024, the highest value since 1998 in this series.

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

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