Gross domestic product (GDP), pounds sterling in Thanet

Gross domestic product (GDP), pounds sterling in Thanet was £3.32 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 8.4% from 2023.

2024, GBP million3,324 Provisional
Change on 2023+8.4%
Series high3,3242024
Series low1,1851998

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

1,0001,5002,0002,5003,0003,50019982002200620102014201820241998: 1,185 GBP million1999: 1,241 GBP million2000: 1,265 GBP million2001: 1,312 GBP million2002: 1,380 GBP million2003: 1,463 GBP million2004: 1,539 GBP million2005: 1,640 GBP million2006: 1,682 GBP million2007: 1,756 GBP million2008: 1,886 GBP million2009: 1,781 GBP million2010: 1,850 GBP million2011: 1,888 GBP million2012: 1,953 GBP million2013: 2,032 GBP million2014: 2,099 GBP million2015: 2,190 GBP million2016: 2,297 GBP million2017: 2,431 GBP million2018: 2,519 GBP million2019: 2,599 GBP million2020: 2,461 GBP million2021: 2,627 GBP million2022: 2,844 GBP million2023: 3,067 GBP million2024: 3,324 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
20243,324 Provisional
20233,067
20222,844
20212,627
20202,461
20192,599
20182,519
20172,431
20162,297
20152,190
20142,099
20132,032
20121,953
20111,888
20101,850
20091,781
20081,886
20071,756
20061,682
20051,640
20041,539
20031,463
20021,380
20011,312
20001,265
19991,241
19981,185

Compared with South East

Place2024
Thanet3,324
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 Thanet?

Gross domestic product (GDP), pounds sterling in Thanet was £3.32 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 Thanet?

£3.32 billion in 2024, the highest value since 1998 in this series.

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

Related statistics for Thanet

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