Gross domestic product (GDP), pounds sterling in Luton

Gross domestic product (GDP), pounds sterling in Luton was £8.23 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 6.7% from 2023.

2024, GBP million8,227 Provisional
Change on 2023+6.7%
Series high8,2272024
Series low3,1121998

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

2,0004,0006,0008,00010K19982002200620102014201820241998: 3,112 GBP million1999: 3,245 GBP million2000: 3,537 GBP million2001: 3,697 GBP million2002: 3,786 GBP million2003: 3,964 GBP million2004: 4,006 GBP million2005: 4,187 GBP million2006: 4,328 GBP million2007: 4,601 GBP million2008: 4,805 GBP million2009: 4,502 GBP million2010: 4,560 GBP million2011: 4,597 GBP million2012: 4,813 GBP million2013: 5,290 GBP million2014: 5,856 GBP million2015: 6,174 GBP million2016: 6,342 GBP million2017: 6,655 GBP million2018: 6,761 GBP million2019: 7,082 GBP million2020: 5,899 GBP million2021: 6,258 GBP million2022: 7,276 GBP million2023: 7,708 GBP million2024: 8,227 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
20248,227 Provisional
20237,708
20227,276
20216,258
20205,899
20197,082
20186,761
20176,655
20166,342
20156,174
20145,856
20135,290
20124,813
20114,597
20104,560
20094,502
20084,805
20074,601
20064,328
20054,187
20044,006
20033,964
20023,786
20013,697
20003,537
19993,245
19983,112

Compared with East of England

Place2024
Luton8,227
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 Luton?

Gross domestic product (GDP), pounds sterling in Luton was £8.23 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 6.7% 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 Luton?

£8.23 billion in 2024, the highest value since 1998 in this series.

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

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