Gross domestic product (GDP), pounds sterling in Rutland

Gross domestic product (GDP), pounds sterling in Rutland was £1.31 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 8.5% from 2023.

2024, GBP million1,308 Provisional
Change on 2023+8.5%
Series high1,3082024
Series low5271998

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

4006008001,0001,2001,40019982002200620102014201820241998: 527 GBP million1999: 545 GBP million2000: 586 GBP million2001: 604 GBP million2002: 621 GBP million2003: 650 GBP million2004: 674 GBP million2005: 701 GBP million2006: 737 GBP million2007: 754 GBP million2008: 792 GBP million2009: 754 GBP million2010: 799 GBP million2011: 794 GBP million2012: 812 GBP million2013: 819 GBP million2014: 853 GBP million2015: 900 GBP million2016: 945 GBP million2017: 933 GBP million2018: 952 GBP million2019: 945 GBP million2020: 924 GBP million2021: 1,068 GBP million2022: 1,151 GBP million2023: 1,205 GBP million2024: 1,308 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
20241,308 Provisional
20231,205
20221,151
20211,068
2020924
2019945
2018952
2017933
2016945
2015900
2014853
2013819
2012812
2011794
2010799
2009754
2008792
2007754
2006737
2005701
2004674
2003650
2002621
2001604
2000586
1999545
1998527

Compared with East Midlands

Place2024
Rutland1,308
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 Rutland?

Gross domestic product (GDP), pounds sterling in Rutland was £1.31 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 8.5% 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 Rutland?

£1.31 billion in 2024, the highest value since 1998 in this series.

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

Related statistics for Rutland

All statistics for Rutland