Gross domestic product (GDP), pounds sterling in Scottish Borders

Gross domestic product (GDP), pounds sterling in Scottish Borders was £3.58 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 6.6% from 2023.

2024, GBP million3,579 Provisional
Change on 2023+6.6%
Series high3,5792024
Series low1,4681998

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

1,0001,5002,0002,5003,0003,5004,00019982002200620102014201820241998: 1,468 GBP million1999: 1,479 GBP million2000: 1,515 GBP million2001: 1,583 GBP million2002: 1,634 GBP million2003: 1,700 GBP million2004: 1,762 GBP million2005: 1,824 GBP million2006: 1,940 GBP million2007: 1,975 GBP million2008: 2,038 GBP million2009: 1,981 GBP million2010: 2,056 GBP million2011: 2,157 GBP million2012: 2,167 GBP million2013: 2,278 GBP million2014: 2,431 GBP million2015: 2,518 GBP million2016: 2,563 GBP million2017: 2,683 GBP million2018: 2,843 GBP million2019: 2,932 GBP million2020: 2,789 GBP million2021: 3,022 GBP million2022: 3,223 GBP million2023: 3,357 GBP million2024: 3,579 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
20243,579 Provisional
20233,357
20223,223
20213,022
20202,789
20192,932
20182,843
20172,683
20162,563
20152,518
20142,431
20132,278
20122,167
20112,157
20102,056
20091,981
20082,038
20071,975
20061,940
20051,824
20041,762
20031,700
20021,634
20011,583
20001,515
19991,479
19981,468

Compared with Scotland

Place2024
Scottish Borders3,579
Scotland218,777

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 Scottish Borders?

Gross domestic product (GDP), pounds sterling in Scottish Borders was £3.58 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 6.6% 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 Scottish Borders?

£3.58 billion in 2024, the highest value since 1998 in this series.

Gross domestic product (GDP), pounds sterling elsewhere in Scotland

Related statistics for Scottish Borders

All statistics for Scottish Borders