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

Gross domestic product (GDP), pounds sterling in North West Leicestershire was £5.89 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 8.8% from 2023.

2024, GBP million5,888 Provisional
Change on 2023+8.8%
Series high5,8882024
Series low1,8551998

Gross domestic product (GDP), pounds sterling in North West Leicestershire, 1998 to 2024

1,0002,0003,0004,0005,0006,00019982002200620102014201820241998: 1,855 GBP million1999: 1,892 GBP million2000: 1,986 GBP million2001: 2,019 GBP million2002: 2,106 GBP million2003: 2,286 GBP million2004: 2,351 GBP million2005: 2,472 GBP million2006: 2,638 GBP million2007: 2,807 GBP million2008: 2,866 GBP million2009: 2,724 GBP million2010: 2,896 GBP million2011: 2,891 GBP million2012: 2,974 GBP million2013: 3,227 GBP million2014: 3,368 GBP million2015: 3,419 GBP million2016: 3,631 GBP million2017: 3,726 GBP million2018: 4,029 GBP million2019: 4,170 GBP million2020: 3,734 GBP million2021: 4,460 GBP million2022: 4,990 GBP million2023: 5,412 GBP million2024: 5,888 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
20245,888 Provisional
20235,412
20224,990
20214,460
20203,734
20194,170
20184,029
20173,726
20163,631
20153,419
20143,368
20133,227
20122,974
20112,891
20102,896
20092,724
20082,866
20072,807
20062,638
20052,472
20042,351
20032,286
20022,106
20012,019
20001,986
19991,892
19981,855

Compared with East Midlands

Place2024
North West Leicestershire5,888
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 North West Leicestershire?

Gross domestic product (GDP), pounds sterling in North West Leicestershire was £5.89 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 8.8% 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 North West Leicestershire?

£5.89 billion in 2024, the highest value since 1998 in this series.

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

Related statistics for North West Leicestershire

All statistics for North West Leicestershire