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

Gross domestic product (GDP), pounds sterling in South West was £222.45 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 4.9% from 2023.

2024, GBP million222,445 Provisional
Change on 2023+4.9%
Series high222,4452024
Series low75,1241998

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

50K100K150K200K250K19982002200620102014201820241998: 75,124 GBP million1999: 78,969 GBP million2000: 82,647 GBP million2001: 86,942 GBP million2002: 90,727 GBP million2003: 95,663 GBP million2004: 101,062 GBP million2005: 105,835 GBP million2006: 110,906 GBP million2007: 115,590 GBP million2008: 120,401 GBP million2009: 118,153 GBP million2010: 122,833 GBP million2011: 125,478 GBP million2012: 129,275 GBP million2013: 133,398 GBP million2014: 140,528 GBP million2015: 143,457 GBP million2016: 148,797 GBP million2017: 156,527 GBP million2018: 161,532 GBP million2019: 168,246 GBP million2020: 159,084 GBP million2021: 179,414 GBP million2022: 196,712 GBP million2023: 212,014 GBP million2024: 222,445 GBP million
GBP million. Source: Office for National Statistics, Regional gross domestic product: all ITL regions, GDP at current market prices, pounds million (ONS, Table 5). Retrieved 2026-10-11, published 2026-09-23.
All 27 values
PeriodGBP million
2024222,445 Provisional
2023212,014
2022196,712
2021179,414
2020159,084
2019168,246
2018161,532
2017156,527
2016148,797
2015143,457
2014140,528
2013133,398
2012129,275
2011125,478
2010122,833
2009118,153
2008120,401
2007115,590
2006110,906
2005105,835
2004101,062
200395,663
200290,727
200186,942
200082,647
199978,969
199875,124

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: all ITL regions, 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/regionalgrossdomesticproductallnutslevelregions/1998to2024. Retrieved 2026-10-11.

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Questions

What is the gross domestic product (GDP), pounds sterling in South West?

Gross domestic product (GDP), pounds sterling in South West was £222.45 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 4.9% from 2023.

Where does this figure come from?

Office for National Statistics (United Kingdom). Regional gross domestic product: all ITL regions, 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 West?

£222.45 billion in 2024, the highest value since 1998 in this series.

Gross domestic product (GDP), pounds sterling elsewhere in United Kingdom

Related statistics for South West

All statistics for South West