Gross domestic product (GDP), pounds sterling in Redcar and Cleveland

Gross domestic product (GDP), pounds sterling in Redcar and Cleveland was £2.68 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 5.9% from 2023.

2024, GBP million2,680 Provisional
Change on 2023+5.9%
Series high2,6802024
Series low1,4791998

Gross domestic product (GDP), pounds sterling in Redcar and Cleveland, 1998 to 2024

1,2501,5001,7502,0002,2502,5002,75019982002200620102014201820241998: 1,479 GBP million1999: 1,500 GBP million2000: 1,536 GBP million2001: 1,519 GBP million2002: 1,564 GBP million2003: 1,703 GBP million2004: 1,738 GBP million2005: 1,786 GBP million2006: 1,818 GBP million2007: 1,865 GBP million2008: 1,961 GBP million2009: 1,927 GBP million2010: 2,015 GBP million2011: 2,056 GBP million2012: 2,069 GBP million2013: 2,072 GBP million2014: 2,186 GBP million2015: 2,237 GBP million2016: 2,156 GBP million2017: 2,067 GBP million2018: 2,157 GBP million2019: 2,226 GBP million2020: 2,170 GBP million2021: 2,234 GBP million2022: 2,439 GBP million2023: 2,530 GBP million2024: 2,680 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
20242,680 Provisional
20232,530
20222,439
20212,234
20202,170
20192,226
20182,157
20172,067
20162,156
20152,237
20142,186
20132,072
20122,069
20112,056
20102,015
20091,927
20081,961
20071,865
20061,818
20051,786
20041,738
20031,703
20021,564
20011,519
20001,536
19991,500
19981,479

Compared with North East

Place2024
Redcar and Cleveland2,680
North East82,703

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 Redcar and Cleveland?

Gross domestic product (GDP), pounds sterling in Redcar and Cleveland was £2.68 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 5.9% 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 Redcar and Cleveland?

£2.68 billion in 2024, the highest value since 1998 in this series.

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

Related statistics for Redcar and Cleveland

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