Gross domestic product (GDP), pounds sterling in Southampton

Gross domestic product (GDP), pounds sterling in Southampton was £11.74 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 5.4% from 2023.

2024, GBP million11,744 Provisional
Change on 2023+5.4%
Series high11,7442024
Series low3,6631998

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

2,0004,0006,0008,00010K12K19982002200620102014201820241998: 3,663 GBP million1999: 3,749 GBP million2000: 3,881 GBP million2001: 4,073 GBP million2002: 4,365 GBP million2003: 4,627 GBP million2004: 5,097 GBP million2005: 5,395 GBP million2006: 5,510 GBP million2007: 5,828 GBP million2008: 6,162 GBP million2009: 6,302 GBP million2010: 6,528 GBP million2011: 7,030 GBP million2012: 7,209 GBP million2013: 7,410 GBP million2014: 7,669 GBP million2015: 8,175 GBP million2016: 8,290 GBP million2017: 8,940 GBP million2018: 9,061 GBP million2019: 9,713 GBP million2020: 8,705 GBP million2021: 9,416 GBP million2022: 9,178 GBP million2023: 11,142 GBP million2024: 11,744 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
202411,744 Provisional
202311,142
20229,178
20219,416
20208,705
20199,713
20189,061
20178,940
20168,290
20158,175
20147,669
20137,410
20127,209
20117,030
20106,528
20096,302
20086,162
20075,828
20065,510
20055,395
20045,097
20034,627
20024,365
20014,073
20003,881
19993,749
19983,663

Compared with South East

Place2024
Southampton11,744
South East416,359

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 Southampton?

Gross domestic product (GDP), pounds sterling in Southampton was £11.74 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 5.4% 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 Southampton?

£11.74 billion in 2024, the highest value since 1998 in this series.

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

Related statistics for Southampton

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