Gross domestic product (GDP), pounds sterling in Medway

Gross domestic product (GDP), pounds sterling in Medway was £8.88 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 6.3% from 2023.

2024, GBP million8,884 Provisional
Change on 2023+6.3%
Series high8,8842024
Series low2,9691998

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

2,0004,0006,0008,00010K19982002200620102014201820241998: 2,969 GBP million1999: 3,054 GBP million2000: 3,106 GBP million2001: 3,242 GBP million2002: 3,419 GBP million2003: 3,634 GBP million2004: 3,817 GBP million2005: 4,068 GBP million2006: 4,280 GBP million2007: 4,464 GBP million2008: 4,718 GBP million2009: 4,581 GBP million2010: 4,793 GBP million2011: 4,942 GBP million2012: 5,176 GBP million2013: 5,367 GBP million2014: 5,514 GBP million2015: 5,676 GBP million2016: 5,935 GBP million2017: 6,260 GBP million2018: 6,421 GBP million2019: 6,857 GBP million2020: 6,797 GBP million2021: 7,016 GBP million2022: 7,581 GBP million2023: 8,359 GBP million2024: 8,884 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
20248,884 Provisional
20238,359
20227,581
20217,016
20206,797
20196,857
20186,421
20176,260
20165,935
20155,676
20145,514
20135,367
20125,176
20114,942
20104,793
20094,581
20084,718
20074,464
20064,280
20054,068
20043,817
20033,634
20023,419
20013,242
20003,106
19993,054
19982,969

Compared with South East

Place2024
Medway8,884
South East416,359

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 Medway?

Gross domestic product (GDP), pounds sterling in Medway was £8.88 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 6.3% 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 Medway?

£8.88 billion in 2024, the highest value since 1998 in this series.

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

Related statistics for Medway

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