Gross domestic product (GDP), pounds sterling in Preston

Gross domestic product (GDP), pounds sterling in Preston was £6.69 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 7% from 2023.

2024, GBP million6,686 Provisional
Change on 2023+7%
Series high6,6862024
Series low2,3761998

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

2,0003,0004,0005,0006,0007,00019982002200620102014201820241998: 2,376 GBP million1999: 2,467 GBP million2000: 2,532 GBP million2001: 2,657 GBP million2002: 2,791 GBP million2003: 3,025 GBP million2004: 3,221 GBP million2005: 3,338 GBP million2006: 3,447 GBP million2007: 3,636 GBP million2008: 3,743 GBP million2009: 3,718 GBP million2010: 3,889 GBP million2011: 3,981 GBP million2012: 4,136 GBP million2013: 4,059 GBP million2014: 4,256 GBP million2015: 4,484 GBP million2016: 4,784 GBP million2017: 4,822 GBP million2018: 4,888 GBP million2019: 5,069 GBP million2020: 4,661 GBP million2021: 5,215 GBP million2022: 5,809 GBP million2023: 6,248 GBP million2024: 6,686 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
20246,686 Provisional
20236,248
20225,809
20215,215
20204,661
20195,069
20184,888
20174,822
20164,784
20154,484
20144,256
20134,059
20124,136
20113,981
20103,889
20093,718
20083,743
20073,636
20063,447
20053,338
20043,221
20033,025
20022,791
20012,657
20002,532
19992,467
19982,376

Compared with North West

Place2024
Preston6,686
North West285,709

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 Preston?

Gross domestic product (GDP), pounds sterling in Preston was £6.69 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 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 Preston?

£6.69 billion in 2024, the highest value since 1998 in this series.

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

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