Data / Gross domestic product (GDP), pounds sterling / Melton

Gross domestic product (GDP), pounds sterling in Melton

Gross domestic product (GDP), pounds sterling in Melton was £1.73 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 7.9% from 2023.

2024, GBP million1,734 Provisional
Change on 2023+7.9%
Series high1,7342024
Series low6931998

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

5007501,0001,2501,5001,75019982002200620102014201820241998: 693 GBP million1999: 707 GBP million2000: 731 GBP million2001: 745 GBP million2002: 782 GBP million2003: 803 GBP million2004: 819 GBP million2005: 825 GBP million2006: 893 GBP million2007: 940 GBP million2008: 980 GBP million2009: 983 GBP million2010: 1,027 GBP million2011: 1,038 GBP million2012: 1,076 GBP million2013: 1,074 GBP million2014: 1,107 GBP million2015: 1,226 GBP million2016: 1,272 GBP million2017: 1,297 GBP million2018: 1,370 GBP million2019: 1,438 GBP million2020: 1,332 GBP million2021: 1,474 GBP million2022: 1,590 GBP million2023: 1,607 GBP million2024: 1,734 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
20241,734 Provisional
20231,607
20221,590
20211,474
20201,332
20191,438
20181,370
20171,297
20161,272
20151,226
20141,107
20131,074
20121,076
20111,038
20101,027
2009983
2008980
2007940
2006893
2005825
2004819
2003803
2002782
2001745
2000731
1999707
1998693

Compared with East Midlands

Place2024
Melton1,734
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 Melton?

Gross domestic product (GDP), pounds sterling in Melton was £1.73 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 7.9% 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 Melton?

£1.73 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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