Gross domestic product (GDP), pounds sterling in South Tyneside

Gross domestic product (GDP), pounds sterling in South Tyneside was £2.92 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 8.4% from 2023.

2024, GBP million2,916 Provisional
Change on 2023+8.4%
Series high2,9162024
Series low1,3701998

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

1,0001,5002,0002,5003,00019982002200620102014201820241998: 1,370 GBP million1999: 1,400 GBP million2000: 1,436 GBP million2001: 1,488 GBP million2002: 1,547 GBP million2003: 1,626 GBP million2004: 1,743 GBP million2005: 1,822 GBP million2006: 1,902 GBP million2007: 1,935 GBP million2008: 1,978 GBP million2009: 1,878 GBP million2010: 1,951 GBP million2011: 2,023 GBP million2012: 2,124 GBP million2013: 2,153 GBP million2014: 2,277 GBP million2015: 2,283 GBP million2016: 2,232 GBP million2017: 2,267 GBP million2018: 2,288 GBP million2019: 2,392 GBP million2020: 2,117 GBP million2021: 2,384 GBP million2022: 2,567 GBP million2023: 2,690 GBP million2024: 2,916 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
20242,916 Provisional
20232,690
20222,567
20212,384
20202,117
20192,392
20182,288
20172,267
20162,232
20152,283
20142,277
20132,153
20122,124
20112,023
20101,951
20091,878
20081,978
20071,935
20061,902
20051,822
20041,743
20031,626
20021,547
20011,488
20001,436
19991,400
19981,370

Compared with North East

Place2024
South Tyneside2,916
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 South Tyneside?

Gross domestic product (GDP), pounds sterling in South Tyneside was £2.92 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 8.4% 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 South Tyneside?

£2.92 billion in 2024, the highest value since 1998 in this series.

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

Related statistics for South Tyneside

All statistics for South Tyneside